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Bank Account for High-Risk Business

Bank Account for High-Risk Business
November 19, 2024

According to what banks suggest, a high-risk business is the one with a high chance of fraud or chargebacks. In the payments industry, no single organization defines what makes a...
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What Makes an IBAN Account Number Worth It?

What Makes an IBAN Account Number Worth It?
October 8, 2024

The International Bank Account Number (IBAN) is the standard for international transfers. Today, IBAN account number is used in 88 countries. Before IBAN’s introduction, around 10% of international transfers faced...
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What Is IBAN Number and How to Find It

What Is IBAN Number and How to Find It
June 16, 2024

The International Bank Account Number (IBAN) was originally adopted by the European Committee for Banking Standards (ECBS) in 1997 as the international standard ISO 13616 under the International Organization for...
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The Important Phenomenon of Open Banking in a Nutshell

The Important Phenomenon of Open Banking in a Nutshell
February 14, 2024

Open Banking is breaking down traditional barriers between banks and financial institutions. Customers can now securely share a merchant’s banking information with trusted third parties. These include fintech service providers,...
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