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
this post was submitted on 16 Aug 2023
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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.
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.
actually, two companies.
you give up your id forever to an id verification company + twitter stores it for 30 days
Well it's obvious that Musk wants X to be a bank, so this isn't unexpected.
Banks have significantly stronger security and PII measures than X ever will, as well.
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
My bank has NEVER asked my for my photo ID online. And rarely in person at a branch.