FDIC and FinCEN Launch Digital Identity Tech Sprint
By US Federal Deposit Insurance Corporation, US Financial Crimes Enforcement Network
The Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) in January 2022 announced a Tech Sprint to develop solutions for financial institutions and regulators to help measure the effectiveness of digital identity proofing—the process used to collect, validate, and verify information about a person.
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