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TD Bank's $1.8 Billion Mistake: Why Banks Must Prioritize Enhanced Digital Identity Verification

Retrieved on: 2024-10-25 15:09:37

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Summary

The article discusses TD Bank's significant penalties for violating the Bank Secrecy Act and money laundering, highlighting failures in biometric verification and digital identity measures. This relates to financial crime risks, especially in the northeastern U.S. economy.

Article found on: hackernoon.com

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