this post was submitted on 16 Aug 2023
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Thanks to Popcrave https://twitter.com/popcrave/status/1691852136236327316?s=46&t=lcH0dp9biwkMEBKsRQeVeQ

Who here is going to put their ID and photo on X/Twitter

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[–] [email protected] 76 points 1 year ago (4 children)

Online banks use this method. I am not happy with this either. It's government-regulated, so OK (sort of).

A social media site? No, thank you.

[–] [email protected] 34 points 1 year ago (2 children)

Banks are usually bound by KYC (know your customer) laws and are required to verify your identity. Imagine trusting some random third-party company with your photo ID though... Insane.

[–] [email protected] 9 points 1 year ago

actually, two companies.
you give up your id forever to an id verification company + twitter stores it for 30 days

[–] [email protected] 5 points 1 year ago

Well it's obvious that Musk wants X to be a bank, so this isn't unexpected.

[–] [email protected] 26 points 1 year ago

Banks have significantly stronger security and PII measures than X ever will, as well.

[–] [email protected] 3 points 1 year ago

yeah, that's obvious. you need a photo of your id in order to open a bank account...
they usually process the data on their own though without using third parties

[–] [email protected] 1 points 1 year ago

My bank has NEVER asked my for my photo ID online. And rarely in person at a branch.