Category: Uncategorized
-
How Much Does KYC Cost?
The cost of KYC is notoriously difficult to calculate. You have to take into account the manual hours, staff hires, and price of your compliance tools. The average salary of a KYC analyst, for instance, is $55,333/€52,640 per year, according to Glassdoor. However, a whitepaper published by Consult Hyperion attempted to answer the question with concrete…