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Anyone else finding KYC/KYB for new PSPs a major bottleneck lately?
It feels like every new partnership or expansion into a different region just grinds to a halt during the onboarding phase. The hoops to jump through, the documentation discrepancies – it's draining significant resources just to get a new provider live. I'm curious if this is a widespread experience or if we're just hitting a patch of particularly challenging compliance departments right now.
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I've definitely noticed KYC taking longer on some of my newer brokerage accounts. Is it mainly the documentation process that's slowing things down for you, or are there specific checks that are causing the biggest holdups?