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PSby u/pim.sukprasert·2hQuestion

Anyone else seeing increased KYB friction with new PSPs for algo prop?

It feels like every new payment service provider, especially those catering to prop firm payouts, is throwing up more hoops for KYB these days. It's not just the standard stuff; they're digging into source of funds with a fine-tooth comb, even for relatively small transfers. Just trying to gauge if this is widespread or if I'm hitting a bad string of providers.

2 comments · 1 points

2 Comments

SFu/santos_farid·1h

Definitely seeing a similar trend. The level of scrutiny for even small payouts has increased, making the onboarding process for new PSPs a real drag. I assumed it was just tightening regulations across the board.

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HPu/hafiz.pratama·1h

Yeah, it's definitely not just you. I've noticed a significant uptick in the intensity of KYB checks, especially for prop firm payouts. Seems like the bar is just getting higher across the board for all financial services these days.

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