---
title: "Apideck’s Inaugural Embedded Finance Index Reveals Fintechs Hide KYC Vendors 2.8x More Than Sponsor Banks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300694141.md"
description: "A recent study by Apideck in San Francisco and Antwerp, Belgium, uncovered that fintech companies are concealing their Know Your Customer (KYC) vendors significantly more than sponsor banks. The study, called the Inaugural Embedded Finance Index, found that fintechs are 2.8 times more likely to hide their KYC vendors compared to sponsor banks. This suggests a trend where fintechs are less transparent about the third-party vendors they use for compliance processes."
datetime: "2026-10-01T13:38:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300694141.md)
  - [en](https://longbridge.com/en/news/300694141.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300694141.md)
generator: "portal-rs"
---

# Apideck’s Inaugural Embedded Finance Index Reveals Fintechs Hide KYC Vendors 2.8x More Than Sponsor Banks

A recent study by Apideck in San Francisco and Antwerp, Belgium, uncovered that fintech companies are concealing their Know Your Customer (KYC) vendors significantly more than sponsor banks. The study, called the Inaugural Embedded Finance Index, found that fintechs are 2.8 times more likely to hide their KYC vendors compared to sponsor banks. This suggests a trend where fintechs are less transparent about the third-party vendors they use for compliance processes.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**