Question

"which act is designed to reduce terrorism risks and requires banks to better understand a customer's identity by obtaining and verifying their name, address, date of birth, and social security number?"

Answer 1

I believe the answer is: USA patriot Act

The USA patriot ACT was sgned President George W. Bush on October 26, 2001 as a response for the tragedy that happened at World Trade Center on September 11th, 2001. The act focused on increasing domestic security to prevent future terrorist attack.