Regulatory authorities serve a crucial purpose. The Nacha account validation requirements, for instance, ensure the accuracy of bank details when charging clients and offer valuable resources and documentation for proper implementation of account validation procedures.
Similarly, the KYC (Know Your Customer) and AML (Anti-Money Laundering) frameworks play a significant role.
Trustpair goes beyond standard background checks and ensures that your company isn’t sending funds to scammers or any malicious person. It’s an essential addition to your current anti-fraud measures. As a consequence, the platform is 100% compliant with regulations.