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Stripe Identity

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Re: Stripe Identity

#91
post #73
post #66

At work we do eIDV of customers and we tested 5 companies. One was quality but too expensive and required too large commitments; two couldn't detect badly photoshopped frauds we threw together, another couldn't detect a printed or on-screen copy of a document being captured (vs the real document - difficult to do, but important). The fifth which we're using can detect printed copies of documents around half the time,…

Will you update this thread? I am highly interested in results.

Yes - but it won't be for a few weeks as I'm on holiday and snatching 5 minutes unobserved on the laptop!

Re: Stripe Identity

#92
post #83
post #60

I was once enticed by AirBnB's promise of "we don't store your ID data after validation" Few years down the line, it requested me to submit my ID data for a booking in China. All my ID data was pre-filled.

Was this your browser filling for you?

Their app

Re: Stripe Identity

#94

Is this new? (to the USA?) Because I've used similar services inside apps dozens of times. Sometimes to verify a drivers license to ride a car, sometimes to verify my ID to register a bank account. Every time is was done in a few seconds so I assumed the companies used an API rather than every car-share building it themselves.

there are existing startups that specialize in ID verification. E.g. in my current freelancing gig, my client uses Passbase.

Re: Stripe Identity

#95
post #61

Earlier quoted context omitted.

I have been thinking the same thing for some time now. Unfortunately, I wouldn't hold my breath. If they are able to stay private, they probably will. It's easier to build a business when you don't have to deal with the hassle and interference of public markets.

What would that do to all the Stripes holding illiquid shares in a private company?

I'm not familiar with Stripe's situation, but there are non-public markets available for this kind of stock sale. You just can't buy from them unless you're already rich. I'd guess that long-term employees do have an amount of flexibility in that regard.

Re: Stripe Identity

#97
post #61

Earlier quoted context omitted.

I have been thinking the same thing for some time now. Unfortunately, I wouldn't hold my breath. If they are able to stay private, they probably will. It's easier to build a business when you don't have to deal with the hassle and interference of public markets.

What would that do to all the Stripes holding illiquid shares in a private company?

I’ve seen companies doing buy backs to give people liquidity. In India, anyway. Check out Zerodha.

Re: Stripe Identity

#98
After reading the HN below comments. It seems a sizeable portion of those comments are "incredible products from stripe" "amazing news" with very little backing content. Did they pay bots to post on HN???

Re: Stripe Identity

#99
The landing page contains logos for clubhouse, discord, and shippo, which are presumably companies use the service. Does anyone find those usages to be unnecessarily intrusive? Maybe it's just me, but a chat app or shipping site asking me for a drivers license scan + selfie would make me never want to use the service again. It's appalling how this sort of stuff is getting normalized, eg. google asking for id scans for age verification.

Re: Stripe Identity

#100

Does Stripe intend to make a giant online database of international identity documents? Why should we trust Stripe to secure these? It could be Equifax levels of problematic if there would be a intrusion, but I also can't tell how Stripe plans to use this information.

I never wanted Equifax to have any of my data, and yet here we are. After the breach, I wouldn’t ever be a paying customer to them if I had a choice. (Indirectly, I am still a “customer” in the sense that they probably still have my data and get new data about me—but apart from canceling all my cards, not sure what choice I have). In comparison, Stripe seems to charge for each product it offers. I think that’s a more…

For equifax you’re the product, not the customer
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