IBAN, Instant Payments and Payee

EPC Selects Swift for the EPC Directory Service

Fintech Finance

JANUARY 21, 2025

The EPC VOP scheme relies on exchanging VOP messages between payer and payee PSPs in accordance with the rules set out in the VOP rulebook and implemented on the basis of application programming interfaces (APIs) designed by the EPC. The post EPC Selects Swift for the EPC Directory Service appeared first on FF News | Fintech Finance.

SWIFT

SWIFT Payee IBAN RFP

LSEG Risk Intelligence Deploys Account Verification to Tackle Payment Fraud

Fintech News

MARCH 4, 2025

LSEG Risk Intelligence has launched its Global Account Verification (GAV) service in Asia-Pacific and Europe, the Middle East, and Africa, expanding efforts to enhance security in cross-border payments. By October 2025, Eurozone providers must conduct mandatory account name-IBAN checks for transactions.

Verification

Verification Risk Accounts Cross-Border Payments

CBI and SEPAmail.eu Signed an Agreement to Set Up an Interoperable IBAN-Name Check – Verification of Payee (VoP) Solution

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

IBAN Interoperability Payee Verification

Webinars

Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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CBI and Banfico Partner to Expand Global Reach of Verification of Payee Service

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

Payee Verification IBAN Cross-Border

Pan-European Verification of Payee Ready by December

Fintech Finance

APRIL 9, 2024

EBA CLEARING has announced that it will provide its service users with Verification of Payee at a pan-European level as from December 2024. The roll-out of Verification of Payee is one element in the comprehensive preparation programme that the Company is engaging in with its user community to take instant payments to the next level.

Payee

Payee Verification Instant Payments Regulatory Compliance

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

Fintech Finance

APRIL 11, 2024

With impending regulatory changes from the UK Payment Systems Regulator (SD17) and EU legislation on Instant Payments, data and security (PSD3), it is imperative that financial institutions have Verification of Payee (EU) and Confirmation of Payee (UK) solutions in place.

Payee

Payee Verification Payment APIs and Integration IBAN

SurePay Partners with Swift to Bring Confirmation of Payee Solution to Banks Across the Globe

The Fintech Times

MARCH 31, 2024

SurePay , the IBAN-name check provider, confirmation of payee (CoP) and verification of payee (VoP) to over 100 banks, has expanded its services following a strategic agreement with Swift , the messaging network, and the integration of Swift’s payment pre-validation service.

Payee

Payee SWIFT Cross-Border Cross-Border Payments

Luxhub delivers support for Iban-Name check

Finextra

MARCH 18, 2024

A few days after the Instant Payments Regulation adoption by the Council of the EU, LUXHUB’s shareholders (Spuerkeess, BGL BNP Paribas, POST and Raiffeisen) are expressing today their support to the company’s Payee Verification Platform.

IBAN

IBAN Checks Payee Instant Payments

Real-time payments: The innovation opportunity many banks are missing

The Payments Association

APRIL 23, 2025

SEPA Instant promises faster, 24/7 payments across Europe, but with few banks ready, urgent investment is needed to meet rising demand and regulatory deadlines. Instant payments have emerged as awidely adopted benchmark over recent years, capable of reshaping customer expectations and business operations across various sectors.

Real Time Payments

Real Time Payments Innovation Instant Payments Payments

iPiD Closes Oversubscribed USD 5.3 Million Pre Series A

Fintech Finance

JUNE 5, 2024

This funding will accelerate iPiD’s efforts to enhance payment security globally, with a focus on strategic markets like Europe and Asia. Founded in 2021 by a team of former Swift executives, iPiD provides cutting-edge payee verification and identification solutions. Confirmation of Payee in the UK is a case in point.

Payee

Payee Verification Cross-Border IBAN

LSEG Risk Intelligence Launches New Security Solutions to Mitigate Global Payments and Identity Risk

The Fintech Times

OCTOBER 31, 2024

LSEG Risk Intelligence is launching Global Account Verification, which checks payee and account details match before transfers are confirmed, as well as Document and Biometric Verification, which uses AI and deep learning to accurately conduct identity checks.

Mitigation

Mitigation Risk Global Payments Deepfake

CBI’s Leadership in Open Finance: Expanding Value-Added Services Through Collaboration

The Fintech Times

JANUARY 7, 2025

Enhancing security Some of these services are the Check IBAN, Name Check CBI and CBI Safe Trade, all designed to combat frauds and deliver greater security.Moreover, these solutions are fully in line with the Sustainable Development Goals (SDGs) identified by the United Nations 2030 Agenda.

Value Added Service

Value Added Service Finance Cross-Border Payments Payee

The Evolution of Open Finance Through the Lens of CBI

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

Finance IBAN Fraud Prevention Interoperability

EBA CLEARING Launches SEPA-Wide VOP Solution

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).

Payee

Payee Verification IBAN End User

Finance Demark Selects SurePay to Provide a National Verification of Payee Service

The Fintech Times

APRIL 28, 2025

To strengthen Denmark’s position in the fight against payment fraud, Finance Denmark , the country’s association representing banks, mortgage institutions and financial firms, has selected SurePay to provide a national Verification of Payee service. ” SurePay is currently rolling out VOP in Belgium.

Payee

Payee Verification Finance IBAN

Payments Space

EPC Selects Swift for the EPC Directory Service

LSEG Risk Intelligence Deploys Account Verification to Tackle Payment Fraud

CBI and SEPAmail.eu Signed an Agreement to Set Up an Interoperable IBAN-Name Check – Verification of Payee (VoP) Solution

Webinars

CBI and Banfico Partner to Expand Global Reach of Verification of Payee Service

Pan-European Verification of Payee Ready by December

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

SurePay Partners with Swift to Bring Confirmation of Payee Solution to Banks Across the Globe

Luxhub delivers support for Iban-Name check

Real-time payments: The innovation opportunity many banks are missing

iPiD Closes Oversubscribed USD 5.3 Million Pre Series A

LSEG Risk Intelligence Launches New Security Solutions to Mitigate Global Payments and Identity Risk

CBI’s Leadership in Open Finance: Expanding Value-Added Services Through Collaboration

The Evolution of Open Finance Through the Lens of CBI

EBA CLEARING Launches SEPA-Wide VOP Solution

Finance Demark Selects SurePay to Provide a National Verification of Payee Service

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