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Paysera Selects iPiD as a Strategical Partner for VoP Compliance and for Global Account Verification

Fintech Finance

The new EU regulation, implemented through the European Payments Council’s (EPC) Verification of Payee (VoP) scheme, mandates that financial institutions verify the payee’s name and account number (IBAN) before executing payments.

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PingPong Turns Regulatory Compliance Into Competitive Edge With Form3 Partnership

Fintech Finance

PingPong , the world-leading provider of embedded cross-border payment solutions for enterprises, today announces it will be using Form3 ‘s Verification of Payee (VoP) solution for SEPA account validation, giving PingPong a competitive edge by implementing compliance measures five months ahead of the October go-live date.

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Surepay Joins Temenos Exchange to Expand Access to Verification of Payee and Confirmation of Payee

Fintech Finance

Banks can now access Verification of Payee (EU), Confirmation of Payee (UK) and SWIFT Beneficiary Account Validation (BAV) via Temenos Exchange using the SurePay API. SurePay was founded in 2016 and has been providing the IBAN-Name Check to all major Dutch banks since 2017.

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