How the IBAN-Name Check can support with Wwft compliance

How the IBAN-Name Check can support with Wwft compliance Banks and financial organisations are increasingly facing fines for failing to implement money laundering measures. Despite the fact that verifying customer transactions has been mandatory under the Money Laundering and Terrorist Financing (Prevention) Act (Wwft) since 2007. Last year Robeco made headlines when it was fined […]