3 Dec 2013

Anti-money laundering contract in UAE won by Wynyard

7:58 am on 3 December 2013

Wynyard says it has won a contract with Manayer Marketing Management in the United Arab Emirates for an anti-money laundering programme.

The security software company says Manayer has the license to market and distribute TransCash MasterCard Prepaid Money Sharing Cards.

About 80% of workers in the United Arab Emirates are immigrants and many of them can't open bank accounts there so they use services such as the TransCash one instead.