Remove End User Remove Payee Remove Verification
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Tietoevry Banking Registration Enables it to Verify Payer and Payee Identities for European Banks

The Fintech Times

Tietoevry Banking , a financial software solution provider based in the Nordics, has registered with the European Payments Council as a provider of routing and verification mechanisms (RVM) for verification of payee (VoP) solutions.

Payer 59
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EBA CLEARING Launches SEPA-Wide VOP Solution

Fintech Finance

The new solution supports payment service providers (PSPs) in offering Verification of Payee services to their customers that fulfill the requirements of the Instant Payments Regulation (IPR) and of the VOP Scheme developed by the European Payments Council (EPC). EBA CLEARING today announced the launch of its SEPA-wide VOP solution.

Payee 98
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Cashflows Teams Up with GoCardless to Transform Business Payouts

Fintech Finance

This interface streamlines payouts for merchants, enabling them to easily create payment requests, securely collect recipient bank details using Confirmation of Payee (CoP) for accuracy, and quickly authorise payouts. In addition, businesses will gain real-time visibility into all payouts to better manage their cash flow.

Payee 64
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GoCardless Powers Cashflows Payouts, a Solution Promising to Eliminate Delays in Sending Payments

The Fintech Times

This interface streamlines payouts for merchants, enabling them to easily create payment requests, securely collect recipient bank details using Confirmation of Payee (CoP) for accuracy, and quickly authorise payouts. In addition, businesses will gain real-time visibility into all payouts to better manage their cash flow.

Payee 49
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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

This leads to the necessity for online verifications, and the challenges thereof, which the report summarises well.” While the flexibility of offline payments presents certain implementation challenges, these pilots have consistently demonstrated both the technical feasibility and the clear advantages for end users.”

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How Swift is moving the global financial industry towards instant and frictionless payments

The Payments Association

Integrating Swift with the upgraded FPS would enable a unique reference to be embedded within each transaction, delivering end-to-end tracking across both cross-border (Swift) and domestic payment flows. Swift uses its Payment Pre-validation service to connect different Verification of Payee (VoP) schemes.

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This Week in Fintech: TFT Bi-Weekly News Roundup 15/04

The Fintech Times

Puneet Malhotra , has joined Personetics , the cognitive banking company, as chief revenue officer and is responsible for the firms global sales operations, overseeing global banking brands across 30 countries and serving 150 million active monthly end-users.

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