Yana Banking Services
This page sets out what the documents in this archive record about this company: the legal status on the date shown, the cases, the official registers and the sources.
Legal status as of 4 October 2026
Accused by credible media or a published report; no official action known.
What the documents say
The Wall Street Journal (31 May 2025) reports that a Mastercard compliance review in August 2023 found no evidence that its customers were being screened against US sanctions and found weak anti-money-laundering controls; Mastercard suspended it from issuing new cards and later lifted the suspension. Yana did not respond to the paper. This is a private card network's compliance finding as reported in the press, not a regulator's finding. Not charged as of the date of writing.
- Kind
- Company
- Roles
- Card provider based in Erbil, partner of Mastercard (WSJ)
Cases
| Case | Role | Status in this case | Detail | As of |
|---|---|---|---|---|
| Card-based dollar arbitrage: Iraqi prepaid and debit cards on the Visa and Mastercard networks (from 2023 to 2025) | Card provider based in Erbil, partner of Mastercard (WSJ) | Accused in credible reporting | The Wall Street Journal (31 May 2025) reports that a Mastercard compliance review in August 2023 found no evidence that its customers were being screened against US sanctions and found weak anti-money-laundering controls; Mastercard suspended it from issuing new cards and later lifted the suspension. Yana did not respond to the paper. This is a private card network's compliance finding as reported in the press, not a regulator's finding. Not charged as of the date of writing. | 30 September 2026 |
Documents
- The Wall Street Journal (full text reprinted by To Vima)31 May 2025Press report (unnamed source)Tier C
Needing Dollars, Iran-Backed Militias Turn to Visa and Mastercard (David S. Cloud)
OriginalIraq was a minor market for Visa and Mastercard a couple of years ago, generating just $50 million a month or less in cross-border transactions at the start of 2023. ... In recent days, Treasury formally asked the Iraqi central bank to block the more than 200,000 cards used by militia members due to fraud concerns.