Digital Banks: The Security Road Ahead - BankInfoSecurity
BankInfoSecurity May 5, 2021 Compliance gsuparna) • April 6, 2021 James Wester, research director, worldwide blockchain strategies, at IDC Crypto banks that handle crypto assets need to develop new ways to track suspicious activities, such as money laundering, says James Wester, research director, worldwide blockchain strategies, at IDC, a technology research and analysis provider. “The current system of ‘know your customer’ or KYC is not as rigorous in digital banks," Wester says. "AML, risk and comp...
Source: bankinfosecurity.com