Onboarding Friction for SMBs and Prop Firms

We're seeing a consistent pain point with the onboarding process for smaller prop firms and even some SMBs looking to integrate new payment rails or brokerage services. The KYB requirements, while understandable from a compliance perspective, often feel disproportionate for entities with established track records and clear regulatory standing in their home jurisdictions. It's not just the document volume, but the back-and-forth, the subjective nature of some requests, and the sheer time sink.

Anyone else experiencing this, and more importantly, found solutions or providers that streamline this without compromising due diligence? Curious if the consensus is that this is just the cost of doing business now, or if there are truly more agile providers out there.