The SOLO Network Announces Bank Reliance Pilot for Reusable Customer Verification in Coordination with The U.S. Department of Treasury, FinCEN, OCC, and the FDIC
First joint regulatory effort to operationalize bank reliance at scale, enabling trusted customer verification to become reusable across financial institutions The SOLO Network announced a FinCEN-observed bank reliance pilot in coordination with the U.S. Department of the Treasury, the Office of the Comptroller of the Currency (OCC), and the Federal......