They want to KYC, I think. Another onramp down.
Discussion
Yes, they seem to have to. But I also wonder why they use nfc
It is required by our partners to avoid fake IDs and other types of scam
Can we see which partners we are talking about?
You can find it here, in our privacy policy 🙂
And it's easy to lose your data. 😂
It would be nice to have a description of the process you're using internally, to mask, shuffle, encrypt, archive, disassociate, etc. the data, to protect against accidental leaks or malicious internal or external parties, and to ensure the data is only visible and discernable and associateable with a particular customer in a particular use case and at a particular time by a particular class of employee.
Also, what is the archiving system you have in place and for how long are you legally required to store each peace of data? Will data be auto-expunged after that date and when a customer account is dormant for X length of time or ends their account?
Also, where will the physical location where the data will be stored? Will it be live local, remote inhouse, cloud, or offline?
If you have a live, associated list of e-mails, how do we know it won't get leaked or hacked, a la Ledger?
Is there a Data Security and Storage Plan, where we can see these rules?
We don't store any data, our partners do. Please reach out to them via their website and ask all your questions, or go through their privacy policy 🙂
No, we expect you to be responsible enough to have an internal standard and to have audited their processes against that standard.
Where is the internal audit report?
We did all the necessary due diligence, but as you might not know, all businesses have private documents that cannot be shared publicly, since they are private agreements between two legal entities.
All the public information is available online on our partners' website as well as on ours.
jeah everything for the savety of the customers ;)
OK, sure, but WTF does NFC have to do with that.
I block NFC permissions anyway, so... Screw them.
I have no idea. 🤷♀️
This is a very unsatisfactory answer.
NFC is not common in the US and Europe, yet.
This is discriminatory towards people who don't want or can't afford a phone with NFC capabilities.
Granted, I'm in the US, so I'm not your targeted market, but... This kind of stuff will limit your market with those that could be your most staunch supporters.
Like me.
I know, but unfortunately it is a requirement for us.
You can always borrow your parents/best friend's phone and do the process from his device, and then delete the app
