KYC pass rate: why it fell and what to do
The KYC pass rate (approval among recorded decisions) fell from 88.7% to 83.3% between the two periods (−5.4 pp), or −2,945 approvals.
52,075 recorded decisions, one per user. Prior period: Jul 25 – Aug 23, 2023; recent period: Aug 24 – Sep 22, 2023. Aggregated data, no personal data.
Approval among recorded decisions, by day
Daily pass rate
Period average
Incident window day
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Pass rate change−5.4 pts88.7% → 83.3%, prior to recent 30 days
Approvals−12.3%2,945 fewer: 54% from fewer decisions, 46% from the lower rate
Short incidents≈1,057failures above baseline in four date windows; causes not confirmed