Why Payment Processors Struggle to Prove Who's Behind a Digital Wallet

https://smoothdecorator.com/why-crypto-veterans-who-got-burned-in-2021-2022-still-struggle-to-see-through-institutional-hype/

Everyone thinks a selfie and a passport image settle identity. News flash: a digital image is a flimsy promise wrapped in pixels. Payment processors face immense pressure to identify users accurately, quickly, and cheaply