The Payments Association

FEBRUARY 10, 2025

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. This leads to inadequate due diligence.

IBAN 88

IBAN AML Master Account Due Diligence 88

PYMNTS

MARCH 14, 2019

And while Google and Facebook can act as the auto-repositories for all passwords —solving part of the problem — it does create the small issue that if someone should gain access to or control of those master accounts, they have “the keys to the kingdom,” according to Maloney. The Evolution of Authentication.

Authentication 59

Authentication Master Account Push-to-Card Use Case 59

Exact Payments

NOVEMBER 8, 2023

With the ability to more easily customize their product for specific industries or use cases, they can more effectively expand their target market. Additionally, PayFacs can offer merchants a much simpler account onboarding process.

Facilitators 52

Facilitators ISVS ISOs Payment APIs and Integration 52