FinCEN, banking agencies release FAQs on digital credentials, customer ID
Financial institutions may use a mobile driver’s license or other government-issued virtual ID as a form of documentary verification for ...
Tag: Know your customer
State bankers associations support stronger FCC rules to combat illegal calls
Fifty-two state bankers associations expressed strong support for the Federal Communications Commission’s proposals to ensure that all voice service providers ...
ABA: Proposed customer identification standards for stablecoin issuers need strengthening
A proposed rule to require payment stablecoin issuers to maintain customer identification programs must go further if it is to ...
Carr staffer nominated for FCC commissioner
President Trump nominated Danielle Thumann, senior counsel to Federal Communications Commission Chairman Brendan Carr, to serve as commissioner on the ...
State attorneys general voice support for ‘know your customer’ communications requirements
In a joint letter, 50 state and territorial attorneys general said they support a FCC proposal to bolster “know your ...
ABA supports FCC ‘Know Your Customer’ proposal for originating providers
ABA expressed strong support for the Federal Communications Commission’s proposal to impose specific “know your customer” requirements on voice service ...
FinCEN, banking agencies propose customer ID requirements for stablecoin issuers
FinCEN and the federal banking agencies released a proposed joint rule to establish customer identification program requirements for payment stablecoin ...
Podcast: Understanding bank regulators’ guidance on illegal immigration
On the ABA Banking Journal Podcast, ABA's Heather Trew breaks down recent news about the president's executive order on illegal ...
ABA supports issuance of ‘know your customer’ proposal for originating providers
ABA expressed its support for FCC Chairman Brendan Carr’s decision to schedule a vote on issuing a proposal that would ...
FCC proposes stronger penalties on voice service providers for KYC failures
The FCC is seeking to impose stronger “know your customer” requirements on voice service providers that originate calls, as part ...
