Electronic Bank Account Management (eBAM)
eBAM (electronic Bank Account Management) is a digital solution designed to streamline and automate the management of bank accounts for businesses.
Learn more about our services
Learn more about how MarketGuard AML compliance software can assist a European VASP and CASP with blockchain transaction monitoring and Travel Rule
eBAM (electronic Bank Account Management) is a digital solution designed to streamline and automate the management of bank accounts for businesses.
Electronic Data Interchange (EDI) is a standardized method for exchanging business documents and data between organizations in a digital format. It replaces traditional paper-based communication, enabling faster, more accurate, and efficient transactions.
EDIFACT (Electronic Data Interchange for Administration, Commerce, and Transport) is an international standard developed by the United Nations for the electronic exchange of business documents. It facilitates the automated, standardized communication of data between organizations, enhancing efficiency and reducing errors in transactions such as orders, invoices, and shipping notices. EDIFACT is widely used across various industries to streamline operations and improve interoperability in global trade.
Electronic Funds Transfer (EFT) is a digital payment system that enables the transfer of money between bank accounts without the need for paper-based transactions. This method facilitates quick and secure financial transactions, such as direct deposits, online bill payments, and wire transfers, by using electronic networks.
Electronic Identification and Verification (EIV) refers to processes or systems used to electronically verify the identity of individuals or entities. These systems typically involve using various data sources, such as government databases, credit bureaus, or other trusted data providers, to confirm a person's identity.
eKYC, or electronic Know Your Customer, is a digital process used by businesses and financial institutions to verify the identity of their clients. This method leverages technology to streamline and automate the traditional KYC procedures, making it faster, more efficient, and secure.
An Electronic Money Institution (EMI) is a financial entity authorized to issue electronic money, which is a digital alternative to cash. EMIs provide services such as electronic payment solutions, digital wallets, and prepaid cards, enabling users to store, transfer, and manage money electronically.
The Electronic Payment Interface (EPI) is a digital platform that facilitates seamless financial transactions between consumers and businesses. It enables the transfer of funds electronically, eliminating the need for physical cash or checks.
Electronic Verification is a digital process used to confirm the authenticity of a person's identity or the validity of a document. This method leverages electronic databases and technologies to cross-check information, ensuring accuracy and reducing the risk of fraud.
An embargo is a government-imposed restriction or ban on trade or the exchange of goods, services, or information with a particular country or entity. It is often used as a political tool to exert pressure or influence, typically in response to political disagreements, human rights violations, or security concerns.
Enhanced Customer Due Diligence (ECDD) is a comprehensive process used by financial institutions and businesses to assess and manage the risk associated with high-risk customers or transactions.
Enhanced Due Diligence (EDD) refers to a rigorous and comprehensive process of investigating and assessing potential risks associated with high-risk customers or transactions.
The Eurasian Group on Combating Money Laundering and Terrorist Financing (EAG) is a regional intergovernmental organization focused on enhancing cooperation and implementing international standards to combat money laundering and the financing of terrorism.
The European Banking Authority (EBA) is a regulatory agency of the European Union established in 2011. Its primary role is to ensure effective and consistent prudential regulation and supervision across the European banking sector.
The European Economic Area (EEA) is a regional trade agreement that extends the European Union's single market to non-EU countries, specifically Iceland, Liechtenstein, and Norway. Established in 1994, the EEA allows these countries to participate in the EU's internal market, enabling the free movement of goods, services, capital, and people.
The European Payments Council (EPC) is a coordination and decision-making body that represents the European banking industry in relation to payments. It is responsible for developing and promoting the Single Euro Payments Area (SEPA), which aims to simplify and harmonize euro transactions across Europe.
The European Union (EU) is a political and economic union of 27 European countries that are located primarily in Europe. Established to foster economic cooperation and prevent conflict, the EU has developed a single market allowing for the free movement of goods, services, capital, and people. It also implements common policies on trade, agriculture, fisheries, and regional development.
Europol, or the European Union Agency for Law Enforcement Cooperation, is an EU agency that assists member states in their fight against serious international crime and terrorism. Established in 1999 and headquartered in The Hague, Netherlands, Europol facilitates information exchange, intelligence analysis, and operational coordination among law enforcement authorities across Europe.
Evasion refers to the act of avoiding or escaping from something, often through cleverness or deceit. It can apply to various contexts, such as evading taxes, eluding capture, or sidestepping questions. Evasion typically involves strategies or tactics to circumvent rules, responsibilities, or confrontations.
Thank you for your interest in FinchTrade!
We will contact you soon
An error has occurred. Please try again later or contact customer support for assistance.
The obtained data is processed in accordance with our Legal data