Actual banks (not fintech barnacles) enjoy a very privileged position in terms of verifying identity and legal mechanisms afforded to them.
If a non-bank actor can verify against an actual bank, that should be enough…
It is absurd that, for instance, a small saas/iaas provider should perform any form of KYC when we can match a successful payment against a bank.
Actual banks (not fintech barnacles) enjoy a very privileged position in terms of verifying identity and legal mechanisms afforded to them.
If a non-bank actor can verify against an actual bank, that should be enough…
It is absurd that, for instance, a small saas/iaas provider should perform any form of KYC when we can match a successful payment against a bank.