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#TBOT: Take Back Our Tech #TBOT: Take Back Our Tech @takebackourtech · 10.8K subscribers
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⚡️Biometrics at Credit Unions

If you have walked into a credit union out of state lately, you may have hit a new hurdle. Before the teller lets you deposit cash, withdraw funds, or update account info, you are asked to enroll in IDCheck and scan your faceprint.

IDCheck is already active at 5,600 credit union branches nationwide. Any teller transaction out of state can require enrolling.

Credit unions rely on shared services networks. The biggest is Velera, formerly PSCU, and its Co Op network includes 30,000 plus ATMs and 5,600 shared branches. Fraud prevention is the excuse. The result is financial geo locking.

🪧 Read the full article on Substack

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