As autonomous AI "agents" increasingly access banking systems, new rules for verifying their status are desperately needed, writes Zor Gorelov, of the Klaros Group. For decades, the cornerstone of ...

Regulators on Friday issued an order exempting banks from the requirement to collect taxpayer identification numbers, or TINs, directly from customers before opening an account under the Customer ...

The Federal Deposit Insurance Corporation, the Office of Comptroller of the Currency, and the National Credit Union Administration (collectively, “agencies”), with the concurrence of the Financial ...

The Defense Credit Union Council (DCUC) announces its strong support for the joint agency exemption order issued June 25, 2025, by the National Credit Union Administration (NCUA) alongside fellow ...

June 24, 2025 - After several false starts, Congress is now on the cusp of enacting a comprehensive regulatory framework for stablecoins — digital assets designed to maintain a stable value, typically ...

*As digital transformation accelerates across industries, one challenge remains front and center: how to balance customer convenience with strong security. An intuitive identity verification (IDV) ...

Coinbase’s recent data breach is prompting renewed calls to remove Know Your Customer (KYC) requirements in licensed cryptocurrency exchanges. Illicit actors bribed the exchange’s overseas customer ...

Heightened expectations backfire. Loyalty members expect better service and react more strongly when brands fall short. Unmet expectations can harm brand equity. Perks can backfire. Loyalty rewards ...

As financial institutions seek to leverage their use of real-time transactions, the need for efficient customer on-boarding processes becomes increasingly critical — as does a way of providing fast ...

Pakistan’s National Database and Registration Authority (NADRA) remains committed to helping Somalia reach new milestones in its national ID card issuance and general digital transformation pursuits.

Robinhood will pay nearly $30 million in penalties for violating Financial Industry Regulatory Authority (FINRA) rules with shortcomings in its anti-money laundering (AML) program, as well as ...

LPL Financial has agreed to pay an $18 million civil penalty for the SEC described as significant shortcomings in the firm's anti-money laundering program. The reported violations, which occurred ...