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

https://blogfreely.net/neasalnfbo/h1-b-how-banks-quietly-took-custody-of-tokenized-watches-50k-trading-cards

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