Fintech Finance

JUNE 18, 2024

Swift today published the findings of research that shows Small and Medium Enterprises (SMEs) in the European Union feel positive about the EU’s Instant Payments Regulation, with many expecting it to save them money, improve their cashflow, and increase their competitiveness. One in five expect to be more competitive.

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The Fintech Times

JUNE 19, 2024

Small and medium enterprises (SMEs) across the European Union currently feel positive about the EU’s Instant Payments Regulation, with many expecting it to save them money, improve cashless, as well as their competitiveness; according to new research by financial messaging network Swift.

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Instant Payments SWIFT Cross-Border Payments Regulations 59

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.

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Payee SWIFT Cross-Border Cross-Border Payments 59

Finextra

JULY 4, 2024

At EBAday 2024, Marianne Demarchi, Chief Executive Europe, Middle East & Africa, Swift, focused on the incoming Instant Payments Regulation and Swift's recently released research on SMEs and cross border payments.

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Interoperability Instant Payments Cross-Border Payments Cross-Border 59

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.

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PYMNTS

SEPTEMBER 26, 2019

Consumers, businesses and governments are seeing faster payments as a path to greater convenience and financial security, and this growing demand is spurring payments services providers (PSPs) to meet this need in a swift, secure manner. Pull payments do carry risks for both merchants and payers, however.

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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.

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Payee Verification Cross-Border IBAN 52

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.

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PYMNTS

AUGUST 30, 2018

Cross-border messaging service provider SWIFT , for one, recently made news when the company announced its plans to expand its role in the European economy. Meanwhile, emerging FinTech players are creating increased competition for SWIFT.

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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 40

Payee Verification Finance IBAN 40

The Fintech Times

FEBRUARY 8, 2025

Through the partnership, ACI will support UK and European banks and payment service providers (PSP) to comply with mandates to offer Confirmation of Payee (CoP) and Verification of Payee (VOP) services. The new European Instant Payment Regulation mandates the VOP service across all PSPs by October 2025.

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