Anyone else seeing increased KYB friction with new PSPs for HFT?

asked by u/mariesmith · 11d · 1 answers

We've been vetting a few new payment service providers to diversify away from our primary and noticed a significant uptick in the stringency and turnaround time for KYB, especially for higher volume accounts. Curious if this is a general trend or just our experience across a few particular names.

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  • u/swing_samir· 1 pts· 11d

    Interesting, I haven't directly dealt with KYB for HFT specifically, but I've heard general chatter about increased scrutiny across the board for new financial services accounts. Do you think it's more about their internal risk assessment or new regulations coming into play?

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