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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.

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LSEG Risk Intelligence Deploys Account Verification to Tackle Payment Fraud

Fintech News

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.

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EPC Selects Swift for the EPC Directory Service

Fintech Finance

Swift has been selected as EDS provider after a Request for Proposal (RFP) process running in the second and third quarters of 2024 and the subsequent approval by the EPC Board in September 2024. The post EPC Selects Swift for the EPC Directory Service appeared first on FF News | Fintech Finance.

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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).

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Verification of Payee: Prepare for October 2025 deadlines at NextGen Nordics

Finextra

In March 2025, the Eurosystem completed exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) in SEPA, helping them comply with the EUs Instant Payments Regulation across credit transfers in Euro.

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On-Demand – The final countdown: What’s next for Verification of Payee?

Finextra

Webinar The final countdown: What’s next for Verification of Payee? The Verification of Payee (VOP) deadline is just around the corner. Could VoP become the global standard for payee verification, similar to how GDPR reshaped data privacy? However, the need for Payee Verification, aka KYP (Know Your Payee), goes beyond Europe.

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ACI Worldwide Extends Fintech Partnership Ecosystem to Fight APP Fraud in Europe and the UK

Fintech Finance

ACI processes account-to-account payments for hundreds of PSPs in Europe and the UK with market-leading instant payments solutions. VOP service is a pan-European regulatory requirement as part of the new European Instant Payment Regulation, which all PSPs must adhere to by October 2025.