The Payments Association

FEBRUARY 10, 2025

While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. The primary focus on monitoring master accounts leaves an oversight gap that can be exploited for illicit financial activities. Why is it important? What’s next?

IBAN 88

IBAN AML Master Account Due Diligence 88

Exact Payments

NOVEMBER 8, 2023

Thanks to innovations in cloud-based technology and the proliferation of APIs, it’s now easier than ever for non-payment software companies to integrate payment features within their platforms. Additionally, PayFacs can offer merchants a much simpler account onboarding process. The PayFac model doesn’t only benefit merchants.

Facilitators 52

Facilitators ISVS ISOs Payment APIs and Integration 52

Exact Payments

OCTOBER 30, 2023

This shift has paved the way for payment facilitation, an innovative merchant services model that’s increasingly leveraged by software-as-as-service (SaaS) companies. They are then able to onboard and aggregate sub-merchant accounts under their master account.

Facilitators 52

Facilitators Processors Payment APIs and Integration ISOs 52