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Onboarding speed vs. compliance thoroughness for new payment rails
It seems like every time a new payment rail or crypto token gains significant traction, the scramble to integrate it efficiently clashes with the ever-present need for robust KYC/KYB. Finding that sweet spot where you're not alienating potential users with endless hoops, but also not waving a red flag at every regulator on the planet, feels like threading a very fine needle. Anyone else finding this balancing act increasingly precarious with the pace of innovation?
2 comments · 1 points
It's always a trade-off. Most of these 'new' rails just repackage old problems; regulators catch on eventually, and then everyone scrambles to retro-fit compliance, which is more expensive than doing it right the first time.