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Tietoevry Banking Registration Enables it to Verify Payer and Payee Identities for European Banks

The Fintech Times

Tietoevry Banking has also partnered with Movitz Payments , enabling it to include confirmation of both payer and payee adding an extra layer of security and confirmation for banks and their customers. VoP solutions aim to reduce fraud and misdirected payments by confirming the identity of a payer or payee prior to any transaction.

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EPC Selects Swift for the EPC Directory Service

Fintech Finance

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.

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Reflecting on 2024: A transformative year in payments regulation

The Payments Association

2024 reshaped payments with instant payment mandates, crypto regulations, and enhanced consumer protection driving innovation and security. These changes are not just reshaping the way payments are processed however, also redefining the responsibilities of firms operating in this space.

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Unlocking Instant Inbound Payments: Cross River Launches Request for Payment Solution

Trade Credit & Liquidity Management

(Photo by Çağlar Oskay on Unsplash ) With RfP, businesses can send digital payment requests that allow payers to authorize and send funds instantly, giving recipients immediate access to funds, improving cash flow, and reducing operational friction from delayed deposits.

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SurePay Becomes First Vendor Live With Verification of Payee in Belgium

The Fintech Times

Belgian banks have become the first in the Eurozone to go live with Verification Of Payee (VOP), ahead of the October 2025 deadline set by the EU Instant Payments Regulation. European VOP provider SurePay has also become the first vendor live with VOP in Belgium.

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RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

Fintech Finance

The RTP network has achieved a major milestone, surpassing 1 billion payments just 18 months after crossing the 500 million transaction mark. After taking more than five years to reach the first half a billion payments, the networks recent rapid growth underscores the expanding acceleration of instant payments adoption in the United States.

RTP
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Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement

Fintech Finance

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities.

RFP