I wanted to try out OVHcloud and signed up and paid for a small, cheap VPS. Then I get this email:
Please provide full-color photos of the following using the OVHcloudShare app (see instructions below):
- A government-issued photo ID
- A picture of the credit card used in the transaction including:
1. The name matching the listed name in the Manager account, AND
2. The last 4 digits of the card number
- A photo of yourself holding the government-issued Photo ID provided above.
I absolutely will not do this - it's incredibly invasive and this is just a hosting service, not a bank. And it's a terrible idea. If every company starts doing this the security implications are far worse than whatever problem they're trying to solve.
Am I crazy? Is this just the way the world works now because of KYC or credit card scams or something? Or is it a European thing? (This is a French company and I'm in the USA.)
Therefore we should insist that KYC be solely performed by banks - no other firms should be required to perform it.
Given the extraordinary privileges that banks enjoy, this would be a reasonable contribution to society - especially given that they are doing it anyway.
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