@raymaccarthy @max @quixoticgeek well, yes and no.

One can do #pinless #NFC transactions but:

  • not only are these limited to €20-50 per transaction & €50-100 per day,
    • plus unlike #PIN-based payments there's no "payment guarantee" through the payment processor and
  • doing so is basically #WireFraud and would get offenders jailed, as even cheap providers like #SumUp do #KYC (even if they don't do #KYB)
    • and require a matching bank account for it.

The math says no, because it's more profitable for #OrganizedCrime to do classic #deetsing and #MoneyLaundering instead which promise hier ROI at less work.

"Đang tìm dịch vụ KYC/KYB mancheo cho startup, cần lựa chọn}}+\""pay-as-you-go hoặc miễn phí".#KYC #KYB #Startup #SaaS #V ausgetragen

https://www.reddit.com/r/SaaS/comments/1o66ujj/startup_friendly_kyckyb_does_it_exist/

@heartshadows @JamesBaker basically anything > €1k will trigger #KYC / #KYB & #AML checks within the "Eurosystem" banks (aka. all Banks in #EU + #EFTA / #SEPA region) regardless of type.

https://bitcoinbon.at

Bitcoinbon - Bitcoin mit Bargeld kaufen

Bitcoinbon - Bitcoin mit Bargeld kaufen

@heartshadows @JamesBaker Lets just say that #Monero not only never supported all the #NFT bullshit but actually worked against it given the abuse of "#Ordinals" aka. attempts to do that on the tx_extra field.

As for Money Laundering, existing provisions cover that well enough, cuz even #NowPayments and #ChangeNow do #KYC & #KYB their clients, and any bona-fide business does maintain records of billings and has absolute basics of accounting in place, so that makes them unattractive, espechally for any ML operations as they do cooperate on duely issued warrants and have been known for that.

  • In fact, the clamp-down on Monero did create a huge industry of middlemen that facilitate exchange of it into clean #shitcoins to the point that a whole industry of #crypto #trackers emerge that try to trace shit - like #Chainalysis & #IntegraFEC.

So even if DNDLs sit on millions if not billions in Monero, they can't cash that out because even the shadiest of #Banksters in the most shady of Bank will ask "Where da money come from?" and will likely seize any funds that have no explaination.

  • This is why even if someone had my IBAN & BIC and were to send me illicit funds, that would never show up on my account balance nor would I even get questioned about this TradFinance "dusting" attack because it would instantly get frozen by my bank, reported to FIU and unless I were to ask about it, everyone would rightfully know that I don't know cuz I'm not into that shit.

I stay on the legal side out of principle!

The Rise of Money Launderers on Snapchat and Instagram | Crimewave

YouTube

Big Breaking 🚨🚨 : #PiNetwork

To counter & Neutralize the unlocked Supply sell pressure ,the @picoreteam buybacked 27M $Pi coins from OKX & shifted to sub-account of Pi-Foundation wallet !

📲Join tg⤵️
t.me/Pi_Network_04

Total 18,000,000$ worth of $Pi bought from Exchanges!

Next update will be #KYB List & #Dapps status , This will increase massive demand in the coming days ,For this reason Pi is pumping

" Good Days ahead " 🔥🚀

#Pioneers #Minepi #PiNetwork2025 #PiAdNetwork #pinetwork

@GossiTheDog the sheer fact that #MSPs & #CSPs can access clients' setups without proper #authorization [including #KYC / #KYB, #AuthCode|s and proper authorization via contract] is already sickening.

Such fundamental #ITsec fuckups are reasons alone not to use #Azure or any #Microsoft products & services at all...

  • I mean, it doesn't require #Mitnick-level skills to pull this off, since it doesn't necessitate #Lapsus-Style #SIMswap or other means to gain access...
Kevin Beaumont (@GossiTheDog@cyberplace.social)

Attached: 3 images This is the partner.microsoft.com portal, it allows CSPs - Cloud Solution Providers - to gain access to their customer's environments. CVE-2024-49035 was around improper privilege management, i.e. being able to access things you shouldn't. It being in CISA KEV says it was being exploited in the wild. That portal allows a huge footprint of access by design.

Cyberplace

More than 22 tonnes of cheddar stolen from Neal's Yard Dairy https://buff.ly/3YkwVCK

"Fraudsters posing as legitimate wholesalers received the 950 clothbound cheeses from the Southwark-based company before it was realised they were a fake firm."

#KnowYourBusiness #KYB

More than 22 tonnes of cheddar stolen from Neal's Yard Dairy

Fraudsters targeted the high-value cheddar by pretending to be legitimate wholesalers.

Regtech: Deloitte Integrates with KILT to Launch Digital Credentials with Reusable KYC, KYB Solutions No...

In May of this year, Deloitte announced the integration of KILT for creating new markets with reusable KYC (Know Your Customer) and KYB (Know Your Business) digital credentials. The first Deloitte credentials "are now live." KYC/KYB credentials are increasingly required "for regulatory reasons to verify the identity of an

Crowdfund Insider
the #KYB front struts made in USA have these sloppy welds with bumps all over while the KYB rear struts made in Japan are all smooth and perfect like an asian gurl