Anyone else finding KYC/AML for multi-jurisdictional onboarding a nightmare?

asked by u/thomasandersson · 13h · 0 answers

We're expanding into a few new regions, and the onboarding process for new payment service providers (PSPs) and brokers is a massive drag. Each seems to have slightly different requirements, and the document collection/verification loop is a real time sink. It feels like we're constantly re-submitting variations of the same paperwork. Curious if others have found efficiencies, maybe a tech solution, or if it's just the cost of doing business internationally? The friction translates directly to lost opportunity, especially when chasing time-sensitive deal flow. Spread compression from better liquidity offerings is great, but getting to that point is proving more cumbersome than anticipated.

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