Exact Payments

AUGUST 23, 2023

As important as financial tools are to companies, equally important is the ability to accept B2B payments within an application. Customers will also appreciate features like a wide variety of B2B payment options, lower fees, payment automation/reconciliation, and fast onboarding. Exact Payments’ client, Ordway , has done just this.

Embedded Payments 52

Embedded Payments B2B Accounts ISVS 52

PYMNTS

JULY 11, 2019

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing. The solution is offered through GIACT’s EPIC Platform.

OFAC 51

OFAC Compliance Enrollments Fraud Prevention 51

PYMNTS

OCTOBER 11, 2016

22, the Treasury said PacNet has been deemed a “significant transnational criminal organization” by its Office of Foreign Assets Control (OFAC). According to the OFAC Acting Director John E. In a press release dated Sept.

Treasury 57

Treasury OFAC Processors Money Laundering 57

Trade Credit & Liquidity Management

MAY 27, 2025

Follow the Compliance Requirements that Apply to Your Company Trade creditors (B2B vendors or exporters offering credit terms) are generally not directly regulated under financial-sector KYC/AML rules unless they operate within a regulated industry, such as finance or securities. For a limited time, annual subscriptions are half off.

Due Diligence 52

Due Diligence OFAC Compliance Fincen 52

PYMNTS

FEBRUARY 12, 2019

’s importation of those goods via China was found to be in violation of the Treasury’s Office of Foreign Assets Control (OFAC) North Korea Sanctions Regulations. Rather, those suppliers had themselves been sourcing from North Korea, and e.l.f.’s Importantly, e.l.f. notified regulators when it discovered the violations.

Settlement 43

Settlement Compliance Risk OFAC 43

PYMNTS

DECEMBER 8, 2017

Israch was surprised to learn that nearly one-third of companies (32 percent) are still not screening payees for anti-money laundering, drug trafficking, terrorism, the Office of Foreign Assets Control (OFAC) and other red flags. Israch has seen organizations have their banks shut off due to an OFAC hit. The consequences can be severe.

Cross-Border 40

Cross-Border OFAC Wire Transfer Payee 40

PYMNTS

MARCH 10, 2020

Suppliers’ data is also checked automation against the list of the Office of Foreign Assets Control (OFAC). A warning message is displayed on the screen if a supplier’s data does not match up.

OFAC 56

OFAC ACH Checks Addressing 56