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Re:Wide-ranging SolarWinds probe sparks fear in Corporate Am... by nitrogen on Friday September 10, 2021 @02:20PM (#28485296)
if companies were required to check photo ID against a real person

It'll be really hard to convince people to give up the convenience and higher returns of online-only banks.

A better option would be using cryptographic digital signatures by an HSM (smart card) to verify ID for financial services.

Re:Wide-ranging SolarWinds probe sparks fear in Corporate Am... by kwhitefoot on Saturday September 11, 2021 @06:09AM (#28490741)
We have online banking here in Norway, have had for decades in fact. We don't have any problems with verifying ID.
Re:Wide-ranging SolarWinds probe sparks fear in Corporate Am... by alexott on Friday September 10, 2021 @03:08PM (#28485796)
Video ID verification works quite well in many cases.