Quote:
Originally Posted by xxxuniversity
Not only would it be a good idea to shift towards the use of fingerprints for authentication, but there shouldn't be retention requirements that says a company has to hold onto all of this documentation. Once the documentation is reviewed and processed and the person is authenticated, there should be requirements to destroy the documentation.
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OR....just do it the way it was always done in business. I provide a service (traffic), I get paid.
And the company I provided the service to ALREADY has my Federal EIN (tax ID), AND is paying my company to a United States bank that has ALREADY done KYC on me and my company.
There is no need for "authentication".
Just like I don't need to "authenticate" any business that I pay for a service or product.
They are paying ME for the service. It's none of their goddamned business legally.
ONLY banking institutions are required to do this as far as I know.
But I am open to somebody showing me even one Federal regulation that calls for a company to demand another companies corporate papers in order to get paid.