FinCEN Clears Path for Digital IDs in Bank Customer Verification, With Caveats
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FinCEN Clears Path for Digital IDs in Bank Customer Verification, With Caveats

PYMNTSRead original ↗

Federal financial regulators have clarified that banks and credit unions can use government-issued digital credentials to verify customers’ identities, potentially streamlining account onboarding.

FinCEN Clears Path for Digital IDs in Bank Customer Verification, With Caveats

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