Fintech Finance

MAY 28, 2025

Emirates NBD , a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has announced its partnership with iPiD , a global Know Your Payee (KYP) validation provider. With this solution, customers can verify payee names, IBANs and account numbers in real time, before a payment is made.

Payee 64

Payee Verification Cross-Border Payments Cross-Border 64

Fintech News

MARCH 4, 2025

Originally introduced in the United States in October 2024, GAV verifies whether payee and account details match before transactions are processed, helping businesses and individuals prevent fraudulent transfers. The expansion comes as regulators tighten rules on fraud prevention and reimbursements.

Verification 111

Verification Risk Accounts Cross-Border Payments 111

The Fintech Times

DECEMBER 18, 2024

Tackling fraud CBIs response to increasing fraud and misdirection of payments is evident in a range of services, such as: Check IBAN, Name Check, CBI GO and CBI Safe Trade. This service facilitates Public Administration and corporates in fulfilling their fraud prevention activities vis--vis their customers (e.g.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115

Fintech Finance

DECEMBER 12, 2024

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). This provides users with extra insights to catch fraud not stopped by VOP.

Payee 98

Payee Verification IBAN End User 98

Fintech Finance

OCTOBER 9, 2024

and CBI joins their IBAN-Name Check expertise at the service of their respective communities in order to offer an interoperable solution to fight against fraud. The IBAN Name Check – VoP Service, is designed to ensure that IBAN codes are correctly matched with the names of beneficiaries before payments are processed.

IBAN 105

IBAN Interoperability Payee Verification 105

Fintech Finance

SEPTEMBER 24, 2024

The collaboration aims to share best practices in the Open Finance and Verification of Payee landscape, with the final goal of enhancing payment service providers’ value-added offerings and overall financial market efficiency.

Payee 98

Payee Verification IBAN Cross-Border 98

Fintech Finance

JUNE 5, 2024

Founded in 2021 by a team of former Swift executives, iPiD provides cutting-edge payee verification and identification solutions. iPiD’s technology capitalizes on this opportunity by delivering a seamless and secure payment environment that reduces fraud risks and payment failures that enhances the customer experience.

Payee 52

Payee Verification Cross-Border IBAN 52