• dejf@lemmy.world
    link
    fedilink
    English
    arrow-up
    32
    ·
    1 year ago

    Banks are usually bound by KYC (know your customer) laws and are required to verify your identity. Imagine trusting some random third-party company with your photo ID though… Insane.

    • voxel@sopuli.xyz
      link
      fedilink
      English
      arrow-up
      9
      ·
      1 year ago

      actually, two companies.
      you give up your id forever to an id verification company + twitter stores it for 30 days