I like the idea of a less profit-driven business that is maybe more community-focused but I wonder if they have the same capability as a bank? Have you been able to do your banking needs at a credit union? Was the customer service decent?

  • jagged_circle@feddit.nl
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    5 days ago

    I used to exclusively do all my banking on TAILS. Its good advice, but I’ve had to give it up :(

    Do you know of any banks that dont wholesale block all known Tor Exit Nodes?

    If I could find a bank that would run an Onion Service, they’d get all my monies.

    • activistPnk@slrpnk.net
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      1 day ago

      I have no idea. I wrote a script that attempts to reach all banks and CUs over Tor and logs the results. But I never finished the project.

      But I will not make myself part of the anti-tor problem by using tor-hostile services (not even over VPN because that still sends the wrong message to the bank). I do all my banking offline the old fashioned way.

      • jagged_circle@feddit.nl
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        1 day ago

        Ive always wanted to see such a comparison :)

        I wish you would publish your research. It would be extremely helpful for those of us searching for secure banks. It sucks that the only way to know if a bank is secure is to signup and then find out after.

        Even if you use paper, another major vulnerability is that ACH and SEPA transfers are pull-based. I would really like to see some research that publishes which banks allow you to setup an “allow list” of accounts that are permitted to withdrawal from your account (in the US this is called Positive Pay), but I haven’t found this. Its a rare security feature that is usually only available for business accounts.

        • activistPnk@slrpnk.net
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          1 day ago

          I wish you would publish your research.

          I never finished the code and my partial results would be uselessly stale by now. But I hope to one day resurrect the attempt.

          It sucks that the only way to know if a bank is secure is to signup and then find out after.

          If that were true a crawler would have the same problem.

          You can manually check by going through the motions of a manual login at a bank website. Clicking forgot password usually ensures you connect to the host of the portal.

          But note that even if you find a usable bank, you need to think of it as temporary. So the most important feature to look for is gratis paper statements and gratis paper checks, so when enshitification happens you can land on your feet and stay functional.

          Even if you use paper, another major vulnerability is that ACH and SEPA transfers are pull-based.

          In terms of SEPA pulls (“direct debits”) have a little known benefit: consumers can demand a no-questions-asked refund on demand up to 8 weeks following the settlement date, guaranteed by EU law. That’s even better than pushing a “credit transfer” because those are non-refundable the moment they execute. But indeed in the US AFAIK you’re screwed if you want to take an ACH back.

          In any case, it would be useful to have a healthy project to separate tor-friendly banks from the shitty ones, which would require ongoing maintenance.