On Wednesday, Solo Network announced a pilot that lets banks skip a regulated compliance process by sharing the results of their customer vetting work with each other. Many banks have received consent orders for their fintech partners' KYC and BSA lapses. A year ago, Solo launched a service through which banks could share customer data directly with each other, without having to go through third-party data aggregators. More recently, the fintech has focused on supporting banking-as-a-service banks that want to make sure their fintech partners are meeting regulatory requirements. Many regulatory consent orders have faulted banks for their fintech partners' compliance lapses, often with KYC, BSA and anti-money-laundering regulations.