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FDIC and FinCEN: Launch Digital Identity Tech Sprint
BankingBusiness
Less than 1 min.Read

FDIC and FinCEN: Launch Digital Identity Tech Sprint

Laura M
By Laura M

FDIC and FinCEN: Launch Digital Identity Tech Sprint

  • FDIC & FinCEN announced a Tech Sprint to develop solutions for financial institutions
  • Through the Tech Sprint tech lab (FDITECH) and FinCEN seek to increase efficiency and account security
  • Digital identity proofing is a foundational element to enable digital financial services to function properly
  • This element is challenged by the proliferation of compromised personally identifiable information (PII)
  • In the coming weeks, companies will open registration for this Tech Sprint
  • Interested individuals will have approximately two weeks to submit applications

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Mollie Announces Strategic Acquisition of GoCardless to Enhance Payments

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