The limitations of traditional KYC. Today, smart criminals rob banks for identity, which is much more valuable.

Remember the good old days when people used to rob banks for money? At least there was no contagion. Apart from anything else, thanks to fungibility, it wasn’t your money that was being stolen anyway, it was the banks’ money. Today though, smart criminals rob banks for identity, which is much more valuable. An article […] The post The limitations of traditional KYC. Today, smart criminals rob banks for identity, which is much more valuable. appeared first on NOCASH ® de 24 ani.

The limitations of traditional KYC. Today, smart criminals rob banks for identity, which is much more valuable.

Remember the good old days when people used to rob banks for money? At least there was no contagion. Apart from anything else, thanks to fungibility, it wasn’t your money that was being stolen anyway, it was the banks’ money. Today though, smart criminals rob banks for identity, which is much more valuable. An article […]

The post The limitations of traditional KYC. Today, smart criminals rob banks for identity, which is much more valuable. appeared first on NOCASH ® de 24 ani.