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Alex Richter

Head of PassFort
PassFort
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Alex Richter

KYC loopholes in children’s financial products

As technology evolves, more and more children are gaining ready access to the internet, with Ofcom’s latest research estimating that 55% of children now have their own smartphone. Meanwhile, the market for digital financial services is expanding and many young people are now receiving pocket money via online pre-paid cards like Go Henry or Nimbl. ...

22 August 2022 /regulation Financial Risk Management

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