SentiLink Co-Founder and COO, Max Blumenfeld, shared his opinion in an American Banker article about the need to modernize customer identification regulations.
- Technology has allowed established financial institutions and newcomers to make it easier for customers to access financial products and services.
- Fraud typologies such as synthetic fraud continue to emerge that have found ways to elude traditional CIP checks.
- Technology and the market have changed. Customer identification rules should too.
Read the entire article here.