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> The data may have also included verification selfies Why do they even keep those?
by cassianoleal 20d ago
> The data may have also included verification selfies
Why do they even keep those?
- dotancohen 20d agoCYA in case of litigation.
- Numerlor 20d agoAround banking it's usually because they have to
- tdrz 20d agoOther banks do not require selfies, so there are other options
- anthonj 20d agoThis is a 100% online bank account you typically open from an app. The typical clientele will just use the "selfie" auth.
- tdrz 20d agoThe issue is that there is no alternative to the "selfie" auth in case of Revolut.
- flyingcoder 20d agoBut they are verifying customers in person with account creation, this is an online bank
- tdrz 20d ago> But they are verifying customers in person with account creation, this is an online bank Revolut could do the same as they do with ATMs: make a partnership with local banks for the verification step.
- orf 20d agoSure, but that would be like insanely stupid on pretty much every level though, so why would they do that?
- tdrz 20d agoFor security reasons, obviously! That way they wouldn't leak selfies because they wouldn't have any.
- basisword 20d agoSending your new/potential customers to your competitor doesn't sound very sensible.
- shakna 20d agoTrying to find a way to tip toe around KYC, whilst keeping their customers safe, has also turned out to only use insanely stupid methods, though. So why did they already do that?
- orf 20d agoFYI it turns out that humans are pretty bad at comparing faces to ID documents. Like, really quite bad. Automated methods, like the ones Revolut use, are significantly more effective at KYC than a Jane Doe working a 9-5 at a bank. In no way is it “tip-toeing around KYC”, and while really unfortunate leaking a selfie is pretty low down on the list of “bad stuff a bank could leak”. The implication that the solution to this is to somehow convince your direct competitors to do inferior in-person KYC for you is the most ridiculous thing.
- sillyfluke 20d ago>The implication that the solution to this is to somehow convince your direct competitors to do inferior in-person KYC for you is the most ridiculous thing. People work with their competitors all the time (see Netfix vs Amazon). Whats ridiculuous is the claim that a scammer would prefer to show up physically at a bank and risk being exposed instead of operating remotely. >leaking a selfie is pretty low down on the list of “bad stuff a bank could leak”. don't some of them require a selfie while holding legible official documentation?
- HPsquared 20d agoSeems like a thing you should be able to do at the post office.
- whatevaa 20d agoWhat does post office have to do with identity verification?
- SAI_Peregrinus 20d agoIn the USA they already take passport photos. Being able to receive mail addressed to a name is the closest thing to a national ID the USA has. They're already depended on for identity verification quite a lot.
- LoganDark 20d agoYou can receive mail to any name at your address.
- SAI_Peregrinus 17d agoI didn't say it was a good national ID system, I said it's the closest thing the US has to one.
- hvb2 20d agoSome post offices in the US also function as a so called notary public. Basically, they can verify your identity and attest that it's you who sent/did something. This is used quite often for important things that don't have offices themselves.
- subscribed 20d agoMost banks now require selfies, try shopping around. KYC requirements get tightened all the time.
- tdrz 20d agoI have accounts with 2 other banks. They never asked for a selfie.
- subscribed 20d agoSame, they never asked for a selfie back then. Try opening one now. Today it's hard to get a hire purchase contract as an existing custoner (already known and verified) without photos of the ID and selfie.
- Scaled 20d agoLikewise, opened a couple in the past few years and never saw this. That said, bank lobbies have tons of ambient cameras anyway, so they don't really need a selfie.
- rjsw 20d agoAt least one traditional UK bank requires a selfie and a passport scan.
- igsomething 20d agoI am almost sure they don't and instead they query selfies and documents on-demand from their KYC provider.
- petre 20d ago[flagged]
- Maxion 20d agoYep, the KYC provider keeps them.
- red_admiral 20d agoCould they be put in what bitcoin people call "cold storage"? I can't imagine they're used every day.
- Maxion 20d agoThey're used pretty often, so not really. The KYC providers anyway wouldn't code anything like that.