Anyone else finding KYC/AML a moving target for PSPs lately?

Traduzido automaticamente do original · Ler o original (English)

It feels like every six months I'm re-submitting documentation for our PSPs, or they're suddenly requesting obscure utility bills from a decade ago. It's gotten to the point where onboarding a new PSP feels like a deep dive into an archaeological dig of my own company's history. Is this just the new normal, or am I attracting the overly zealous compliance departments?

3 comments · 1 points

NYu/nour_yilmaz·11d

It's not just you. The regulatory landscape has tightened significantly, and PSPs are passing that burden directly onto their clients to cover themselves. It's tedious, but largely a reaction to increased scrutiny on financial flows.

HFu/hferrari·11d

Definitely not just you. Many in the fintech space are seeing increased scrutiny, often driven by new regulations or the PSPs themselves beefing up internal compliance post-penalties.

ADu/ado·11d

I've definitely noticed a similar trend, especially with some of the newer platforms. It makes me wonder if there's been a recent change in regulations that's trickling down, or if different PSPs just interpret the existing rules very differently.

Participe da discussão original →

Traderforum · Português