KYC

The bank of the future: A (digital) financial mall

05/09/17

In the way that Gap and Victoria's Secret are ubiquitous in the malls dotting the suburban landscape, it is unlikely fintech partners will be exclusive to one bank.

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Deutsche Bank driving digital identity platform in Germany

05/08/17

The German bank announced a project designed to create a single online registration for users across a number of industries.

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'This is not about charity': Gates Foundation exec on financial inclusion and mobile money

04/25/17

Kosta Peric, deputy director of digital payments and financial services for the poor at the Gates Foundation, discusses his efforts to expand access to low-cost financial services in developing countries.

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'This is child's play': Comments of the week

04/14/17

Readers weigh in on a notable OCC personnel change, the Scottrade breach, the ability of corporate owners to still be anonymous and more.

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Banks still spooked by bitcoin, Wells lawsuit shows

04/11/17

A legal dispute between Wells Fargo and one of the largest bitcoin exchanges underlines persistent doubts U.S. banks have about participating in digital currency.

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State incorporation laws: Good for crooks, bad for banks

04/10/17

The allowance by some states for companies to incorporate without disclosing beneficial owner information significantly hampers anti-money-laundering efforts and drives up bank costs.

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Netspend agrees to $53M settlement of FTC allegations

04/03/17

The prepaid card issuer was accused of deceiving customers in ads claiming that getting approved was easy, and funds would be available right away.

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Why big banks want a ban on anonymous shell companies

03/06/17

A trade group owned by the nation's largest banks wants Congress to require state governments to collect information about the true ownership of the companies they incorporate. Such a law could reduce the banking industry’s cost of complying with anti-money laundering rules.

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Thomson Reuters makes two deals in a hot identity space

02/06/17

The information giant agreed to buy two data businesses from the DTCC as regulators' demands for transparency fuel calls for shared industrywide solutions.

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KYC vs. data privacy: Can this fintech thread the needle?

02/01/17

Cambridge Blockchain, a startup that bills its technology as a solution for banks to the competing regulatory imperatives of transparency and privacy, has raised $2 million through a convertible note.

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