| ▲ | matheusmoreira a day ago | |||||||
Both. Brazilian KYC/AML laws are based around the CPF number. It also serves corporations as a stable ID to identify people and track them. It's possible that it's a primary key in their databases. For example, it's common to get cashback in stores in exchange for the CPF number. They track you, comply with regulations and reward you -- all with one government ID. | ||||||||
| ▲ | alex43578 12 hours ago | parent [-] | |||||||
Man, seems like those two uses are self-defeating. KYC/AML, but used for things as banal as store rewards. Seems really easy to not know who the actual KYC user is then… | ||||||||
| ||||||||