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

https://www.ready-bookmarks.win/why-payment-processors-are-running-out-of-privacy-options-fatf-travel-rule-eu-law-and-the-coming-transparency-timeline

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