KRTL BioTech

Digital IDs Help Open Banking Reach Its Fullest Potential

Digital IDs Help Open Banking Reach Its Fullest Potential

PYMTS | July 10, 2020 Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen, chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. As financial institutions (FIs) work with FinTechs, they need to know that these