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> I ALSO think SOMEONE should come up with a "financial ID." Instead of signing into banking sites with "Facebook" or "Google" each one has its own unique login
by gbrindisi 8y ago
> I ALSO think SOMEONE should come up with a "financial ID." Instead of signing into banking sites with "Facebook" or "Google" each one has its own unique login, password, security questions, validation. One Financial ID, isolated from Social IDs could drastically cut down on phishing, hacking etc. Smaller institutions would not be running their own Identity/Trust silos in isolation. Resources to build trust over who is who could be shared. Intuit has something like that for their services, but it really needs to be a Chase/WF/BoA effort like Zelle. "Sign in with your Pony ID"
We do have those in (some parts of) Europe. BankID in Sweden comes to mind.
- snazz 8y agoI have never had a bank that allowed you to log in with social media accounts. Which one(s) have you seen with this?
- basch 8y ago...... https://docs.idfy.io/eid-providers/swedish-bankid https://docs.idfy.io/eid-providers/swedish-bankid
- mijamo 8y agoI don't think you can say that bank ID is "isolated from Social IDs".
- basch 8y agoBy social ID I mean facebook/twitter/google. I dont use any of those IDs to sign into banking websites. I can use facebook or google to sign into a bunch of other sites, as my authentication.