> jump through the arbitrary hoops put in place by banks. To be fair, in most industries, arbitrary hoops are the result of government regulation. Yes, they mi

> jump through the arbitrary hoops put in place by banks. To be fair, in most industries, arbitrary hoops are the result of government regulation. Yes, they might have been implemented by staff at the banks, but oftentimes at the behest of regulators. In every business I've worked on, every single friction point I've seen us add has been due to regulations, often in patchwork form since they would differ from jurisdiction to jurisdiction. The product managers then are tasked with trying to mitigate the added friction.