Under the CIP Rule, banks (along with certain other categories of financial institutions, such as broker-dealers) are required to collect, prior to opening an account, a minimum of four pieces of ...

Nowadays, most people engage in digital transactions daily, buying items online, making electronic payments and using money transfer apps. The ease of these quick transactions also puts financial ...

The Financial Stability Board has set a March deadline for financial companies to have "legal entity identifiers," in place for use in transactions. These codes, something like a social security ...