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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? What’s next? Previous slide Next slide What are vIBANs?

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LSEG Risk Intelligence Deploys Account Verification to Tackle Payment Fraud

Fintech News

LSEG Risk Intelligence has launched its Global Account Verification (GAV) service in Asia-Pacific and Europe, the Middle East, and Africa, expanding efforts to enhance security in cross-border payments. By October 2025, Eurozone providers must conduct mandatory account name-IBAN checks for transactions.

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Payset Unveils New Website to Usher in a New Era of Speed, Simplicity, and Global Payment Solutions

Fintech Finance

Payset is transforming the way businesses handle international finance with its global payments platform. In advance of the launch, media and prospective users are invited to explore the site here: [link] payset.io/ to experience firsthand how Payset is evolving to greet the future of global payments.

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Emirates NBD Partners With iPiD to Enhance Payment Safety With Global Payee Verification

Fintech Finance

Emirates NBD , a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has announced its partnership with iPiD , a global Know Your Payee (KYP) validation provider. The collaboration will enable Emirates NBD to provide real-time beneficiary validation for cross-border payments.

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Bivial AG Expands Global Payment Capabilities with Dedicated CZK & SGD Accounts

Fintech Review

With Bivials Swiss IBAN Accounts, businesses can transact through SEPA and SWIFT across more than 160 countries and in 90+ currencies via the Bivial Dashboard and APIs. These new international accounts are ideal for companies looking to grow their global reach through cross-border transactions. About Bivial AG.

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MultiPass Secures Licence to Operate in the UAE

Fintech Finance

MultiPass , a global payment solution that provides modern financial products for businesses trading globally, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA). We look forward to contributing to the dynamic economic landscape of the UAE and the Middle East.”

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ONPEX Links Wirexend To SWIFT Cross-Border Payments

PYMNTS

Multi-currency IBAN account provider ONPEX is collaborating with Canada’s Wirexend to provide multi-currency payment solutions for joint business customers. The companies noted that connecting IBANs to Wirexend accounts supports faster and easier reconciliation and security.