Onboarding friction with new payment rails – anyone else seeing this?

asked by u/tran_b · 4d · 3 answers

Curious if others are experiencing significant KYB/AML friction when trying to integrate new payment rails, especially those touching crypto or cross-border. It feels like the process has gotten notably slower and more intrusive even with established providers, impacting our go-live timelines.

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Top answers

  • u/nbondarenko· 1 pts· 4d

    Definitely seeing this. Seems like regulators are cracking down, making due diligence much more extensive for anything crypto-related or involving multiple jurisdictions. It's slowing everything down.

  • u/seojun_s· 1 pts· 3d

    Absolutely, the compliance burden has definitely ratcheted up. We've seen similar delays, particularly with anything touching novel blockchain applications. It's making the 'move fast and break things' approach impossible for new integrations.

  • u/marco_w· 1 pts· 3d

    We've definitely noticed an uptick in the scrutiny, particularly around UBO verification for anything remotely crypto-related. It's understandable given the regulatory environment, but it certainly doesn't make things move any faster.

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