MultiversX Tracker is Live!

Binance now requiring biometrics, with the right to *share* them

All Cryptocurrencies

by COINS NEWS 280 Views

Went to login to binance.us just now, and got this message:

We updated our Privacy Policy

BAM Trading - Biometric In-Product Consent for End-Users
Changes to our Terms of Use take effect on April 8, 2022
By agreeing below, you allow BAM Trading Services, Inc. and its related companies and affiliates (“BAM ”, “we”, or “us”) to collect, via a third-party service provider that provides the biometric technology, a photograph and/or short video of your face and a copy of your government-issued identification card (“ID card”) to create a scan of your facial geometry (“Biometric Data”). We use this Biometric Data to verify your identity for security purposes, by comparing the image you provide with your image in your ID card. This allows us to make sure that you are the same person as shown on your ID card and that your ID card is legitimate. We may share Biometric Data with third-party service providers who assist with our IT, security, and fraud programs, our professional advisors, in a business transfer such as a merger or acquisition, and as required by law or regulation. For more information on how we use, share, and retain Biometric Data, please review our Privacy Policy. If you do not agree, you will not be able to use the BAM app and platform.

[] I agree to allow BAM to collect and share my Biometric Data for the purposes described above. I acknowledge that my agreement to this form constitutes my written consent to the collection and sharing of Biometric Data as described in this form.

I confirmed my identity a couple of months ago, with similar methods to what they describe. As far as I can tell, now they want to start sharing my bio data? I don't really like that idea...

I don't see anyone else talking about this. Is this showing up for everyone?

submitted by /u/huzzam
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments