Core Insights - Javelin Strategy & Research released its 2025 KYC and KYB Solution Scorecard, evaluating 17 vendors for identity verification and compliance solutions in the U.S. financial sector, focusing on Capabilities, Use Cases, and Functionality [1][7] Vendor Performance - ACI Worldwide, Inc. received the Best in Class ranking for its comprehensive KYC and KYB solution, featuring customizations, automated SAR filing, dark web scanning, and human trafficking detection [2] - Sumsub and LexisNexis Risk Solutions were recognized as overall Leaders, with Sumsub noted for its advanced verification features and LexisNexis for its functionality and analytics depth [4] Industry Trends - The integration of individual and business identities necessitates financial institutions to partner with vendors that support both KYC and KYB, emphasizing the need for automation and intelligence in risk detection [3] - A significant gap exists in the detection of human trafficking, with only 41% of vendors offering such capabilities, which is critical for combating money laundering and fraud [5][6] Recommendations for Financial Institutions - The scorecard provides insights into vendor compliance progress, helping institutions identify innovation leaders and areas needing improvement in risk management [7]