Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

ACH fraud is hard to do because it’s reversible over long periods and you can’t do ACH without being well identified.

Banks do plenty of identification of you (say you’re opening a credit card or bank account) that you don’t necessarily see in order to cover their risks.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: