Earlier quoted context omitted.
Yup exactly that! One of the benefits of what we're building is that fintechs/banks can now approve good customers quicker. So the innocent ones benefit greatly from Arva.
> can now approve good customers quicker Well, that's half of it. What about people who get disapproved because they were flagged by some automated screening? ...they end-up getting stuck in limbo because they were flagged, so they can't even (for example) close-out and withdraw any other accounts they have with the same institution - and they can't get any help because of the "we-can't-tell-you-how-to-evade-KYC" rul…
Transaction monitoring is different, that's post account opening.
When people are going through an onboarding flow it is their first account!