New feature IBAN-Name Check for Business: the Account Age Check
Did you know that fraudsters often use recently opened accounts?
That’s why a new feature has been added to the IBAN Name Check for Businesses: the Account Age Check!
This check returns what the age of the account is since the date of opening. So you know if you are dealing with a recently opened account. To prevent fraudulent transactions, you can check this account again via an additional process.