KYC

The credit union for people who breathe air: Comments of the week

07/14/17

Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.

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Security questions don’t answer digital onboarding challenges

07/10/17

The challenge of juggling security and convenience is escalating as banks realize digital channels are for sales as much as they are to display account balances.

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California struggles for answer to pot banking conundrum

07/10/17

The nation’s largest state set out to bring a once-illicit industry into the financial mainstream but is now running into a Washington, D.C.-size barrier.

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How liability stands in way of banks’ digital ID ambitions

06/21/17

Portable digital identities could improve customer experience, cut costs and generate revenue for banks. But who’s on the hook when something goes wrong?

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'Bubbles and busts are sometimes good'

06/21/17

Vinny Lingham, founder and CEO of Civic, discusses the froth in cryptocurrency markets, the mania for "initial coin offerings," the right way to do token sales, the future of digital identity and the banking system's security failings.

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'Costs are costs': Comments of week

05/26/17

Readers weigh in on a proposal for encouraging small bank installment loans, a firm that uses AI to reduce false alarms, what security improvements are needed for sharing customer data, and more.

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Regtech startup's mission: Find real terrorists, avoid false alarms

05/23/17

Merlon Intelligence, a startup launching Wednesday, plans to offer banks AI software that will help them with their expensive compliance responsibilities.

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Snowden: ‘Know your customer’ laws do ‘bupkis’ to stop terrorism

05/15/17

The laws that force banks to know their customers are good at catching petty criminals and “wannabe” terrorists, but can’t thwart sophisticated bad actors, argues whistleblower Edward Snowden.

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Capital One forays into digital ID, aiming to leverage KYC know-how

05/15/17

The bank is pitching digital identity products to businesses as a way to improve user experience and guard against fraud.

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‘Like humans do’: Comments of the week

05/12/17

Readers sound off on the use of AI in underwriting, the reasons for the failure of a Milwaukee bank, U.S. banks’ progress in adopting APIs, and more.

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