When evaluating vendors, it’s important to ask the right questions. Financial institutions, government agencies, and other companies should look for answers that demonstrate that a provider can deliver the functionality required, while also helping to prevent application fraud. This quick checklist provides a list of key questions to ask when evaluating digital identity verification solutions.
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The megabank announced it would invest $16 million to grow its footprint in the North Carolina banking mecca.
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The labor market was a bigger point of discussion in the Federal Reserve's most recent monetary policy-setting meeting, but officials were divided about the path of future actions.
7h ago -
The digital bank is also partnering with two pro pickleball leagues to court fans through a consistent presence at tournaments later this year.
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Regulators from California, Massachusetts, Minnesota, Nebraska, New York and Texas levied the fine for anti-money-laundering and Bank Secrecy Act violations, which comes as Wise seeks a banking license in the U.S.
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U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, Paxos launched a dollar-backed coin in the European Union; and more news in the weekly global payments and fintech roundup.
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The case has put chief information security officers on notice that they could be personally liable for false statements about security policies and practices.
8h ago