Ballard Spahr·FINANCIAL REGULATION
FinCEN FAQ Permits Digital IDs for Bank Customer Verification
FinCEN and federal banking agencies clarified that banks may use verifiable digital credentials, including mobile driver's licenses, to verify customer identities under CIP rules.
digital-identitycustomer-identification-programfincen-guidancemobile-driver-licensebank-complianceaml-kyc
Read the original firm alert → Thursday, September 17, 2026