3 ms·
if companies were required to check photo ID against a real person It'll be really hard to convince people to give up the convenience and higher returns of onl
by nitrogen 5y ago
if companies were required to check photo ID against a real person
It'll be really hard to convince people to give up the convenience and higher returns of online-only banks.
A better option would be using cryptographic digital signatures by an HSM (smart card) to verify ID for financial services.
- alexott 5y agoVideo ID verification works quite well in many cases.
- kwhitefoot 5y agoWe have online banking here in Norway, have had for decades in fact. We don't have any problems with verifying ID.