\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Why hasn't anyone sued for KYC algos yet?

They are blackbox--meaning they don't want you to know whats...
The Wandering Mercatores
  08/02/25
Because they’re protected from disclosure by the Bank ...
Take a look at the lawman beating up the wrong guy
  08/02/25
The BSA is about anti-money laundering and terrorist financi...
The Wandering Mercatores
  08/02/25
What? KYC is a term of art in the banking industry. Know you...
Take a look at the lawman beating up the wrong guy
  08/02/25
Bro what are you talking about "worried about". K...
The Wandering Mercatores
  08/02/25
This is one of the most retarded thoughts I’ve ever he...
Take a look at the lawman beating up the wrong guy
  08/02/25


Poast new message in this thread



Reply Favorite

Date: August 2nd, 2025 4:24 PM
Author: The Wandering Mercatores (from the Euphrates to the Forum)

They are blackbox--meaning they don't want you to know whats in them

(http://www.autoadmit.com/thread.php?thread_id=5757470&forum_id=2...id.#49151260)



Reply Favorite

Date: August 2nd, 2025 4:30 PM
Author: Take a look at the lawman beating up the wrong guy

Because they’re protected from disclosure by the Bank Secrecy Act, I assume?

(http://www.autoadmit.com/thread.php?thread_id=5757470&forum_id=2...id.#49151266)



Reply Favorite

Date: August 2nd, 2025 4:35 PM
Author: The Wandering Mercatores (from the Euphrates to the Forum)

The BSA is about anti-money laundering and terrorist financing, not vibes based dneial of public cloud services, social media and live-stream platforms, i-gaming and whatever else its used in now

(http://www.autoadmit.com/thread.php?thread_id=5757470&forum_id=2...id.#49151269)



Reply Favorite

Date: August 2nd, 2025 5:39 PM
Author: Take a look at the lawman beating up the wrong guy

What? KYC is a term of art in the banking industry. Know your customer. What the fuck are you talking about. What kind of loser is getting denied from gaming platforms these days? You must be a major league fuckup to worry about shit like that.

(http://www.autoadmit.com/thread.php?thread_id=5757470&forum_id=2...id.#49151363)



Reply Favorite

Date: August 2nd, 2025 6:32 PM
Author: The Wandering Mercatores (from the Euphrates to the Forum)

Bro what are you talking about "worried about". KYC isn't just used in banking now. It is extended across digital industries. I didn't say "worried about", I asked why anyone hasn't sued yet. It is easy money, they'll settle before discovery because they don't want people to see their deranged algorithm and how they weight it to get around breaking "disparate impact" laws

(http://www.autoadmit.com/thread.php?thread_id=5757470&forum_id=2...id.#49151451)



Reply Favorite

Date: August 2nd, 2025 8:46 PM
Author: Take a look at the lawman beating up the wrong guy

This is one of the most retarded thoughts I’ve ever heard. Are you on drugs? KYC is literally identifying who people are. That information is not used in credit decisioning by banks, nor any fintechs that have anything to do with lending.

(http://www.autoadmit.com/thread.php?thread_id=5757470&forum_id=2...id.#49151627)