Orrick, Herrington & Sutcliffe·FINANCIAL REGULATION
US Agencies Clarify Banks Can Use Digital IDs for Identity Checks
Federal financial regulators have issued joint guidance confirming that banks and credit unions may accept mobile driver's licenses and other verifiable digital credentials to satisfy Customer Identification Program requirements.
financial-regulationidentity-verificationcipbsa-amlfincendigital-identity
Read the original firm alert → Tuesday, September 15, 2026