Luckily, applying for a credit card today is quick and easy since most card providers have an online application that offers instant verification of approval. (lendedu.com)
If you select instant verification, you need to enter the online ID and password to your bank account, and Coinbase verifies your bank account instantly by logging into it. (bitcoinmagazine.com)
Some do argue that Coinbase is doing the financial community a disservice by legitimizing what is ultimately a highly dangerous practice if used by less reputable organizations; to this, Brian Armstrong's response is simple: there are plenty of people that want instant verification enough to trust Coinbase with their banking data, and this is the only way it can be done. (bitcoinmagazine.com)