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by ethmarks 15 days ago
> they accept money and direct deposit still with no KYC. But to get the money out? Oh no! We need a picture of your face!

Unauthorized deposits aren't nearly as much of a concern as unauthorized withdrawals, right? I'd imagine that there are far fewer malicious actors that try to deposit money into random bank accounts than there are ones that try to withdraw money from random bank accounts.

> And there’s no option for going in person.

Won't an in-person bank also take pictures of you via security cameras? I don't really understand your objection here, could you elaborate?

2 comments

A bank's security camera feed isn't likely to be sold to dozens of companies.

It is all but guaranteed for Internet-based facial recognition services.

Hacked facial recognition data already is reportedly being used by scammers to not only bypass bank security but also to impersonate people to target their loved ones.

There is no lasting security gain by providing a selfie. There is a lasting security and privacy loss, however.

So that's the concern? But GDPR solved this, just don't consent to them selling your likeness for AI training purposes.
Trusting untrustworthy companies aside, that doesn't resolve the issue of hacked facial recognition data.

Even back in 2014, malware was coming out that steals facial recognition data directly from smart phones themselves.

https://www.theregister.com/security/2024/02/15/stolen-ios-u...

The GDPR isn't a silver bullet.

Additionally - furtherance of facial recognition technology would impact travelling to foreign jurisdictions.

One of the most common ways foreign travellers get flagged when travelling internationally is for social media posts made under their own name that their destination country's government may not like. Traditionally if you've kept yourself pseudo-anonymous, you've largely been safe. But if we get to a point where pseudo-anonymous accounts are associated with pictures of people's faces, it will become significantly less pleasant to travel internationally for a lot more people.

*2024, not 2014
You have way more trust for these companies actually following laws than I do
It used to be that you could expect to not have your likeness captured and transmitted to third parties for their AI model training and who knows what other nefarious purposes.

It seems like all expectation of privacy and anonymity evaporated in the last 5 years.