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Navigating AML obligations in the age of virtual IBANs

The Payments Association

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. Common standards would bring consistency and confidence.

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Mastering Your Business with Accounts Payable Reports

Nanonets

Types of accounts payable reports include  invoice aging reports ,  AP trial balance reports ,  voucher activity reports , and  reconciliation of accounts reports. Using accounting software can automate the accounts payable process and generate reports automatically.

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How Does Merchant Underwriting Work?

EBizCharge

Understanding how to navigate merchant underwriting efficiently can ensure quicker merchant account approval, allowing your business to seamlessly accept payments with minimal interruptions. PayFacs aggregate multiple merchants under a single master account, making the application process faster and simpler.