NayaPay Integrates World-Check to Strengthen Customer Due Diligence
Dec 17, 2019
NayaPay (Pvt.) Limited, an upcoming E-Money Institution, has selected Refinitiv’s WorldCheck database to reinforce its customer due diligence process. NayaPay will use the database to screen consumers and merchants during onboarding for E-Money accounts to reduce the risk of financial crimes, such as money laundering, financing of terrorism and frauds.
Refinitiv’s World-Check Risk Intelligence is used by regulated companies to help screen for financial crime risks as part of their anti-money laundering compliance programs.