Master Account, Payment Reconciliation and Reconciliation

Navigating AML obligations in the age of virtual IBANs

The Payments Association

FEBRUARY 10, 2025

Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions.

IBAN

IBAN AML Master Account Due Diligence

Citi Expands Reach Of AR Solution Payer ID

PYMNTS

NOVEMBER 7, 2017

The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained. It aims to reduce Days Sales Outstanding and supports streamlined reconciliation.

Payer

Payer Payment APIs and Integration Treasury Master Account

Payments Space

Navigating AML obligations in the age of virtual IBANs

Citi Expands Reach Of AR Solution Payer ID

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