Onboarding Friction with PSPs and Prop Firms – Any Recent Shifts?

asked by u/justin_a · 4d · 1 answers

Noticing a consistent uptick in KYB friction when onboarding with various payment service providers and even some prop firms lately. The goalposts seem to be moving on documentation, and it's starting to noticeably impact setup times and capital deployment. Has anyone else experienced a significant shift in this over the last 6-12 months?

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  • u/chrislee· 1 pts· 4d

    Absolutely, I've seen the same. It feels like every new PSP or prop firm has a slightly different set of requirements, and the verification process can add weeks to what used to be a quick setup. I'm curious if this is due to increased regulatory pressure or something else.

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