---
title: "Beyond compliance: Why corporate banks must rethink KYC to stay competitive"
description: Uncover what 250 corporate treasurers in the UK and US really think about KYC, and why it is time for a radical rethink in this new report.
image: https://insights.encompasscorporation.com/hubfs/Corporate-Treasurer-Whitepaper-Featured.png
---

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###### REPORT

# **Beyond compliance: Why corporate banks must rethink KYC to stay competitive**

#### **New report: 2025 Encompass Corporate Treasurer KYC Survey**

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Uncover what 250 corporate treasurers in the UK and US really think about KYC, and why it is time for a radical rethink.

**Key findings include:**

- 84% of treasurers are dissatisfied with their bank’s KYC process – a sharp rise from last year
- Client loyalty is on the line, with many considering switching banks or turning to digital-first challengers
- 92% have been asked for the same information multiple times, indicating systemic inefficiencies
- Revenue is at risk – onboarding delays are directly impacting financial performance
- Security concerns persist, with nearly half still using email or physical documents for KYC data sharing

Complete the form to access your copy of the 2025 Encompass Corporate Treasurer Survey Report.

---

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