Digital Identity

FIs Use Digital Identity to Curb Money Laundering and Comply With Government Rules FIs with insufficient digital identity protocols risk being hit with a one-two punch from debilitating money laundering schemes as well as stiff government agency penalties that go with them. In the Digital Identity Tracker, a PYMNTS and Jumio collaboration, OneAZ Credit Union’s Margaret Chamberlain explains how analytics-based authentication and document verification software keeps FIs on the right side of the law and one step ahead of the fraudsters.

Inside the March Tracker

An interview with Margaret Chamberlain, vice president of risk management at OneAZ Credit Union, about why ironclad digital identity protocols are imperative to keep CUs compliant with AML regulations
Recent digital identity headlines, including a new California bill aimed at protecting biometric data and why 72% of banking customers believe their FIs do enough to keep their money safe
PYMNTS Intelligence examining various money laundering methods and how digital identity technologies can keep them at bay