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I have a Schwab account I made online and had to deal with basically 0 humans to create. The worst I have to deal with is sometimes if I spend a lot at once I h

I have a Schwab account I made online and had to deal with basically 0 humans to create. The worst I have to deal with is sometimes if I spend a lot at once I have to answer some automated questions to confirm my information hasn't been stolen. How do you reconcile this with the claim it's getting "harder and harder" when the bar to open and access a bank account is so low?

buildbuildbuild 4y ago
For the ~95% I think banking must be smooth or there would be great outcry. In my experience the risk of becoming unbanked, even temporarily, has become worse and worse for the increasing number of “outliers”: - a common name - previous victims of identity theft or doxxing - legal domestic cryptocurrency exchange use - privacy-minded people (VPN use, even accidental) - nomadic lifestyles (lots of IPs, a VOIP number) - a cash-first lifestyle - any negative credit or public records irrespective of time passed - bad press about you out there (yes, some products screen for this)
- irusensei 4y ago
  - you have the wrong passport