> Because ID verification services had access to millions of "real" ID photos It's all snake oil devised to shift the risk from a party who has a mandate to pe

> Because ID verification services had access to millions of "real" ID photos It's all snake oil devised to shift the risk from a party who has a mandate to perform KYC to some broken by design AI woodoo, which will generate free money until it doesn't once the landscape or the legislator's will mood change. They bank will then perform the actual KYC and will start asking questions once it sees something funny and will eat the cost of fraud at the end of the day.