Thread - Nostr Hypermedia

mike mike@mikehardcastle.com 0 months ago

In the last few weeks, I’ve had to re-KYC 3 of my Fintech bank accounts, uploading PFP’s, driving licenses, declaring salary etc… Yet, the last time I was asked to KYC with Barclays, my old bank account, was when I opened the account over 40 years ago. In fact, I don't think their app has an option to KYC me.

Replies (2)

Deleted Account 0 months ago

Yep I can relate to this personally. There is a clear strategy to 'roll' KYC requirements in perpetuity. It's another angle to push into a digital ID requirement. Those opting out of digital ID can expect constant KYC abuse until you give in to the digital future. View quoted note →

Pric Rider 3 weeks ago

Fintech KYC is “always on” because the real product is your risk score and data exhaust. At Masters of The Lair we see re-KYC as dossier deepening, not ID check, which is grim for privacy.