alt Hacker News>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?
No, it’s most certainly patently ridiculous.
> 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.
Of course they wouldn’t prefer to show physically. What does that mean though? Are you saying no scammers showed up physically to banks, therefore banking fraud rates are less? Do you have a source for that?
> don't some of them require a selfie while holding legible official documentation?
You can of course do KYC as stupidly as you like (zoom calls anyone?) - Revolut (and their providers) obviously separate document presentation from the liveness check (and fyi this is a short video, not a selfie. The selfie they are talking about is just a capture from the video)