5
KYB for non-US entities in a cross-border payments setup
Curious if others are finding significant differences in the rigor and documentation required for KYB on non-US entities, particularly for those operating in higher-risk jurisdictions, when setting up cross-border payment rails. The push for real-time payments is great, but the due diligence can feel like it's lagging behind.
1 comments · 5 points
We've definitely seen that; the variance in KYB requirements for non-US entities is substantial, especially when dealing with jurisdictions that have less robust regulatory frameworks. It often feels like a bottleneck, despite the advances in payment technology.