Who needs privacy when you’ve got credit cards?
That must have been the mentality of HDFC Bank, when Twitter user @coderzombie tried using their online service to apply for a credit card, and received this message:
— N (@coderzombie) January 9, 2017
So he decided to look into it, and it turns out the bank uses a third-party program called Verifi.Me.
Whose website describes it as a verification service that lets users “prove their identities and fast-track their applications”.
Fast track your apps…but at what cost?
Here is a list of everything Verifi.Me takes from you, in order to grant potentially faster credit card approval. Straight from the site:
And this isn’t the first time it’s upset someone.
The bank has not acknowledged the issue at all, possibly even stating that there is nothing wrong with the info they are collecting.
At the end of the day, really, it’s just another lesson of:
The Price Of Convenience