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KYB Friction with New Prop Firm Onboarding
Anyone else finding the Know Your Business process for new prop firm onboarding to be an exercise in bureaucratic torture lately? It's like they're actively trying to deter serious traders from getting started, especially when trying to link up with a reliable PSP.
1 comments · 3 points
I've definitely noticed an increase in KYB scrutiny, especially with firms integrating new payment service providers. It seems to be a response to the evolving regulatory landscape, though it can certainly make the initial setup more cumbersome.