Remove AML Remove Legal Remove Master Account
article thumbnail

Navigating AML obligations in the age of virtual IBANs

The Payments Association

Navigating AML obligations in the age of virtual IBANs February 10 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The compliance challenges of virtual IBANs, focusing on AML obligations and regulatory gaps. Why is it important?

IBAN 88
article thumbnail

How Does Merchant Underwriting Work?

EBizCharge

Some examples of this compliance include Payment Card Industry Data Security Standards (PCI DSS) , Know Your Customer (KYC), and Anti-Money Laundering (AML) regulations. Businesses that demonstrate full compliance with relevant legal standards present a lower risk, which can facilitate a faster approval process.