For example, i would expect ALOT of fraud going on from your 'customers' once you do IBAN accounts with just ID
These guys are running a BANK. I am sure they can figure it out.
To be precise we partnered with a licensed PSP in such a way that we are allowed to do most of what banks do.
The whole fact that such negotiations are underway is mind blowing step forward for the currency, no need to play it down!
Thank you for the clarification though, not too familiar with French banking regulation:)