The Payments Association

FEBRUARY 10, 2025

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?

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Finance

OCTOBER 1, 2024

Its partnership with Token.io, which powers Ecommpay’s open banking payment solutions in the UK and Europe, has been extended to include local settlement IBANs for the Netherlands, Spain, France and Ireland. Todd Clyde, CEO at Token.io, commented: “We are excited to enhance Ecommpay’s Open Banking Advanced solution with Token.io

IBAN 98

IBAN Financial Inclusion Settlement Payments 98

The Fintech Times

OCTOBER 2, 2024

As a result of the partnership, firms in the sector will be able to utilise the Ecommpay open banking payment solution and local settlement IBANs in the four new European countries. This latest product enhancement eliminates the risk of IBAN discrimination and facilitates faster acceptance of funds through SEPA Instant.

IBAN 59

IBAN Financial Inclusion Settlement Accounts 59

Open Banking Excellence

NOVEMBER 14, 2023

It allowed for the emergence of various use cases and innovative solutions to address customer needs. This would increase consumer awareness, bolster customer authentication standards, extend refund rights for fraud victims, and mandate the verification of payees’ IBAN numbers against their account names for all credit transfers.

Non-Bank 130

Non-Bank Rules Authentication Regulations 130

PYMNTS

APRIL 21, 2020

As Verdon told Webster, embracing platforms such as the one offered by Railsbank — which enables companies to issue unique international bank account numbers (IBANs), receive and send money and issue and manage cards — means that banking becomes a service rather than a series or suite of separate products.

Online and Mobile Banking 92

Online and Mobile Banking IBAN Non-Bank Credit Union 92

Fintech Finance

MARCH 18, 2024

Renowned for its compliance strengths and its ability to use its proprietary tech for new use cases like its digital asset escrow service and stablecoin payments, Clear Junction is also announcing a rebrand in recognition of the trust it is gaining from players across the banking, fintech and payments ecosystem.

Cross-Border Payments 64

Cross-Border Payments Stablecoins Cross-Border IBAN 64