Remove Instant Payments Remove Interoperability Remove Verification
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EPC Selects Swift for the EPC Directory Service

Fintech Finance

In the architecture of the VOP scheme, the EDS enables reachability and interoperability between VOP scheme participants. The EDS will be accessible to scheme participants adhering to the VOP scheme and to the Routing and Verification Mechanisms (RVMs) operating on their behalf.

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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.

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The Evolution of Open Finance Through the Lens of CBI

The Fintech Times

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.

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

The Payments Association

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The UKs payments landscape is at an inflexion point.

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Wallet wars: How digital payments are reshaping finance

The Payments Association

This evolution hasnt just been about convenience; its been a calculated push towards an ecosystem where digital wallets dont just process payments but serve as financial hubs. This brought near-field communication (NFC) technology to in-store payments, changing the point of sale (POS) sector.

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

The Fintech Times

Name Check CBI (Verification of payee VoP), is offered by CBIto mitigate fraudattempts, avoid misdirection ofpayments and enhance the stability of the financial market, forbothretailand corporatecustomers. It is offered by the payers PSPs to their users, both for domestic and cross-border payments in euro.

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Payments trends report 2024

The Payments Association

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. Nick Charteris CEO, Optimus Cards UK Limited The Payments Report 2024 highlights key trends transforming the payments ecosystem.