You keep talking about USA. AWE is in Luxembourg Europe and KYC is part of many different legislations and NOT only for banks

The digital service act has passed which makes KYC obligated for even more businesses.

https://i.postimg.cc/K8NMX16j/ds.png

https://i.postimg.cc/MKHJSNfS/2k.png

For now hosting companies escaped the KYC obligation which was a point of concern. But the rest is still pretty much fucked:
https://i.postimg.cc/ncjSTJQC/KYBC.png

There was a proposal in the same directives I talked about to hold companies, who don't have adequate risk assessment in place, responsible for money laundering/fraud/terrorism even if it was done by third parties using their services and the.
Previously this wasn't possible

To be clear, i'm not supporting any of this. I barely use my real credentials online if not absolutely necessary. I'm just sharing

Thanks for the explanation.. shitty law then.. they should have done it in a way that KYC is needed only for the last instance.. so in case I get my payment to a bank account in EU where KYC is done then the other instances above that (in this case the sponsor) wouldn't need to perform it.

Then we could expect that every sponsor residing in EU would need an ID? (AdultForce etc.)
Can't these companies just make a branch in a non EU tax heaven so they don't need to follow this crap? I mean the main operation would stay in EU, just the part handling affiliates/performers/payments outside?

These fuckers are taking our freedom and privacy piece by piece. I will not work with any porn company which requires ID sending. I hate EU, fucking communists, they copy solutions from China. Now its a matter of time when Bongacams and Stripchat will force us to KYC

Same here. Its crap. I never do any sort of mobile credentials required activity and hate doing it at the office. We've passed into a dystopian Orwellian world. Offline and on.

The way I'm reading that...it's the AFFILIATE that should be demanding documents from the sponsor.
Not the other way around.

The SPONSOR is the one "providing services". The only thing an affiliate is doing is putting up a link that says: "hey, check this out"

I'm not the one processing the credit card as an affiliate, and I'm not the one "providing a service"

As usual, bad legal advice is being given in some misguided attempt to cover their asses.

I don't care if it's Europe, Asia, or America...I don't see any way that any government is going to want to see KYC info on an affiliate putting up links.

The SPONSOR is the one providing promotional material, taking the money from customers, and providing the service.

They've got it all backwards.

Give it a bit longer and all sponsor programs will have to ask for this.

MC is holding merchants accountable already for what their affiliates do so this is just a next step in the process. Don’t play along and risk getting your account closed.

It's coming to the point of, you are in or you are out. Via con Dios, Muchachos...

You're missing the point. They want to know where and to whom money is being transferred. This isn't about who initially takes in the money. Sites could be setup legitimately but payments could be funnelled to terrorists under the guise of affiliate payments.

Of course they're interested in covering their asses. Wouldn't you be? And just because it isn't government mandated, associations like Visa and MC, and even the banks, are well within their rights to try and shield themselves by knowing who their customers are doing business with.

You'd need to provide all this information and more if you wanted to get your own ccbill, epoch, or even merchant account.

It's funny them demanding to know us, and we don't really know who the hell they are.

There is a different level of relationship with a biller who sends funds weekly or even daily and some affiliate program that owes you $500. I even kind of get it for cam programs that send larger sums regularly, but the folks who have hit me up for it so far are ridiculous, in the sense that nobody is buying lost Russian nukes with their tiny payouts. And really the US government can flag suspicious 1099 forms already, can't they?

You mean like my BANK...which is the ONLY one who legally has to gather KYC info...already does? They wire it right to my United States federally regulated bank business account.

No, I didn't miss your point.
I just think you're wrong. And I think these companies are listening to bad legal advice.

These sponsors already know who I am. They have my address. My bank info. And my tax info AND they always request and get a W-9 tax form.

What are you thinking? That AWE has a staff of detectives who go through all the faux "KYC" info they gather and follow up on all of it???

Of course not. They couldn't if they wanted to.

There is absolutely no reason that any porn sponsor needs to know how my company is set up and who owns the most shares.

And as I have said a couple of times in this thread...How come THEIR company isn't required to send MY company their internal documents? Maybe I need to know they aren't funneling terrorist money.

This whole thing is nonsensical.

And further...I don't appreciate being forced (illegally in my opinion) to send out sensitive documents on myself and my company to some fucking porn sponsor just to get paid the money they OWE me.

These idiots can get hacked at any time and all of our information is out there. OR...they could just be seedy fucks and SELL our info.

It's a crock of shit.

Hey Amelia, I was speaking specifically to this instance with Awempire. I'm not an affiliate for anything but a few cam platforms, and also, I'm not in the US.

No, I don't mean like your bank, I mean like THEIR bank. And no, your bank is not the only one legally meant to gather KYC info. Your bank isn't special. Banks everywhere are meant to gather KYC info for money being transferred to an unknown entity; in this case you.

You won't hurt my feelings if you think I'm wrong, so go for it.

Like I said, you're missing the point. The sponsor doesn't care who you are. Their bank wants to know who they are remitting funds to. How is this so difficult to understand.

That thought never crossed my mind. Mainly because I'm not under the false assumption that the sponsors wants my details. So I'll say this again, you are completely missing the point. You can say you're not, but that doesn't make it true.

Awempire isn't asking for these kind of details. They're asking for ID on file. Sometimes it's important to have a discussion based in reality.

How come? Because you're not sending them money. If you were sending the sponsor money, then your bank would have a right to ask you for KYC data on them.

You're not forced to send them this information. None of us are. You can quite simply choose to not deal with any sponsor who asks you to submit information you aren't comfortable sharing with them.

The only part of your message that actually makes sense to me is the safeguarding of data. This is obviously a problem, however not a problem unique to adult sponsors.

That's my concern as well. Not worried about the programs themselves but more like rogue employees, hacks, breaches. I usually give passport only to gov entities when I HAVE to.

Great posts by the way.

I don't know how your company does business...but for me, when a sponsor suddenly refuses to pay if you don't do KYC (and I'm not talking about AWE...I'm referring to Cambuilder/Streamate) and they owe you money...it's total bullshit. I FINALLY got them all the details they wanted in order to promote Streamate again (after promoting it since they first opened the doors).

None of these sponsors are legally obligated in any way to do KYC. It's just not true.

As for banks...I NEVER said "only my bank". I was pointing out that if you are legal entity corporation (like every legal company is)...then you have ALREADY been put through KYC by the bank you use (the ONLY institutions required by law to do KYC).

No, the porn sponsors banks are not going to ask the porn sponsor to give them KYC info on thier affiliates. LOFL.

No bank on Earth would ever use that kind of data (which could be totally falsified by the way and is more than likely illegal to share a corporation's documents)

This isn't just about showing your ID to these companies. Maybe if you were in the game a bit more you would see what some of these companies are asking for...such as corporate documents, corporate structuring, percentages of shares, etc.
Yes, I had to provide that to Cambuilder/Streamate. Total bullshit.

Everything you are saying in this discussion is just incorrect.

ONLY a bank is legally obligated to do KYC.

Thus EVERY dollar that a sponsor pays out to a legal corporation's BUSINESS banking account is already accounted for by KYC legality.

Anything else would be useless redundancy.

I simply don't agree with it or your assessment of it either.

The only thing that you are right about about is that it's a bunch of bullshit.
But the act has passed, so you can keep saying that companies outside banks aren't legally obligated to do kyc.
the fact is that they are Or at least will be by 2024.
And how te act will be implemented legally is yet to be seen. But if you read it it's formulated in a way that a government pretty much can make any company that pays someone to do KYC.


ANd that banks don't require kyc from someones customers is WRONG they have already been doing that in Europe for the past two years. We have accounts in Europe, USA and Aruba.

https://i.postimg.cc/DwftKt9d/KYCbanks.png

In real estate. last year we sold a house in Aruba to someone from the USA. everything was arranged. He had the money. 600000 dollar blocked by the central bank of aruba.
Because transactions of that amount require our company as seller of the house, to provide OUR bank
With source of wealth from the buyer.

Mind you the US buyer did NOT finance the house through an Arubian bank. He arranged that in the USA.
Still our bank by law was not allowed to clear the transfer unless we provided compliance info from the buyer.

Of course the buyer said fuck off , I'm not gonna give you that info!

But don't say just because in USA the laws are different, that in all other countries it has to be the same. Because it's NOT.

And i hope it won't pass over to the USA. but I'm pretty pessimistic about that

Of course...getting a mortgage is an anal probe. Always has been. You can't buy property without that kind of invasive info.

BUT...and this is huge...there is NO law that a porn company needs to know my corporate papers, my corporation's operating agreement, my company's original contribution of assets, etc.

THERE IS NO LAW THAT SAYS PORN COMPANIES NEED TO SEE MY CORPORATE DOCUMENTS IN ORDER FOR ME TO SEND THEM TRAFFIC AND BE PAID FOR IT.

My bank has already done all of that when I got a business banking account. And the Federal Govt. did it when they issued me an EIN. And the Feds do it every year when they get my tax returns.

So...if a porn company is paying my company, and the money is being wired directly to my bank AND has my name and address AND requires a W-9 tax form from me every year...Well, if you can't see what I'm saying, then I am done in this conversation.

I'm remembering now why I don't come to GFY much. Not a whole lot to be gained here.

I agree with the above that this is very poorly implemented by Awempire and it's made unclear for what (legal) purpose.

I can understand to some extend them needing to cover their asses due to increased scrutiny from the tax man and/or financial partners, but why not just use one the advanced KYC solutions like netverify that all the fintech and crypto company's use?

Enfin, since it's a well performing sponsor I have submitted a watermarked ID which was acceptable to them.

This. I am not a privacy extremist but better to say "for regulatory reasons" than the "to better serve you" mumbo jumbo it is very unclear why they need it

A central, secure solution would be great.

watermarked ID - can you tell us more about that, how far it can go to be accepted and could you explain in more details.

Basically, it should be used third party solution which is specialized for doing KYC as they take all necessary security precautions , plus in most cases it's very fast process. When i see someone asking for filling form and then asking to send form and ID to e mail , that is very insecure. Especially now after one sponsor asked me for KYC and shortly after their webmaster database got compromised.

I was thinking about this yesterday, and found this:
https://withpersona.com/

Yes , look fine but there is plenty of such providers. There was one for example which event sent reps to some conferences - https://www.yoti.com/

Any specific reason it's not being adopted in our industry?

You ask me too much :1orglaugh

Bump for watermarked ID

I will just redirect my clicks to other sponsors. Luckily, I've predicted problems with sponsors a long time ago so it takes only to change the DNS of whitalabel.