Banks Target Repeat Checks That Drive Customers Away
Reported by PYMNTS (Excerpt shared below. To read full report, go to: https://www.pymnts.com/authentication/digital-identity/2026/banks-target-repeat-checks-that-drive-customers-away/) A SOLO pilot is testing reusable verification records across participating banks and FinTechs while leaving compliance decisions with each receiving institution. Participating institutions can use different verification processes; the pilot standardizes how completed work is documented and evaluated. The project will test […]