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Can Nudge from Congress Propel Online Account Opening?

American Banker

But banks are ramping up their efforts to make it happen, and some in Congress are trying to help by eliminating restrictions on digitally capturing and storing information from customers' ID cards. Legal and technical hurdles stand in the way of remote account opening becoming commonplace.

Online 28
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Fast-Decision Online Lending Spooks BB&T

American Banker

The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.

Lending 28