Tuesday, September 10, 2019

KYC rider gets banks back in remittance game

Mandatory full KYC requirement for creating and transferring money through wallets has brought about a shift in business https://ift.tt/303G4PW https://ift.tt/eA8V8J

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The US Treasury says Robinhood and BNY will work with the federal government to handle tax-sheltered "Trump Accounts" for children when they launch this summer (Stacy Cowley/New York Times)

Stacy Cowley / New York Times : The US Treasury says Robinhood and BNY will work with the federal government to handle tax-sheltered “Tru...