Finextra

JULY 2, 2025

Joining the FinextraTV studio at EBAday 2025 in Paris, Paulo Barbosa, COO, Banfico helped to provide an understanding of what a routing and verification mechanism (RVM) is and how it is impacting the verification of payee landscape.

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Payee Verification Compliance 52

The Fintech Times

JANUARY 7, 2025

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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Payer Payee Verification Instant Payments 59

Fintech Finance

JUNE 10, 2025

IFX Payments , a service-led alternative banking partner, today announces it will be using Form3 ‘s Verification of Payee (VoP) solution for SEPA account, strengthening its defences against payment fraud and aligning with the Instant Payments Regulation mandate. We’re happy to be building on our partnership with Form3.”

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Payee Instant Payments Verification Regulations 59

Finextra

JUNE 24, 2025

PingPong, the world-leading provider of embedded cross-border payment solutions for enterprises, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account validation, giving PingPong a competitive edge by implementing compliance measures five months ahead of the October go-live date.

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Payee Verification Cross-Border Payments Account Validation 52

Fintech Finance

MAY 28, 2025

Emirates NBD , a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has announced its partnership with iPiD , a global Know Your Payee (KYP) validation provider. With this solution, customers can verify payee names, IBANs and account numbers in real time, before a payment is made.

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Payee Verification Cross-Border Payments Cross-Border 64

Finextra

JULY 2, 2025

Banqup Group, the company behind the trusted digital platform Banqup, has announced a partnership with iPiD, a global leader in payee verification technology.

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Payee Verification Technology 52

Finextra

JUNE 10, 2025

IFX Payments, a service-led alternative banking partner, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account, strengthening its defences against payment fraud and aligning with the Instant Payments Regulation mandate.

Payee 52

Payee Verification Instant Payments Payments 52

Finextra

JUNE 12, 2025

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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Payee On-Demand Verification Payment APIs and Integration 52

Fintech Finance

JULY 1, 2025

Belgian banks are the first in the Eurozone to go live with Verification Of Payee (VOP), well ahead of the October 2025 deadline set by the EU Instant Payments Regulation. The post SurePay Accelerates European VOP Rollout: Belgium Becomes First Eurozone Country Live With Verification of Payee appeared first on FF News | Fintech Finance.

Payee 52

Payee Verification Cross-Border Payments Cross-Border 52

Fintech News

DECEMBER 4, 2024

EDP will cater to post-dated payments, deducting funds from the payer’s account upon presentment by the payee. Both solutions will be accessible through digital banking platforms and integrated with PayNow for seamless payee identification.

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Payment Solutions Payee Payer Payments 125

Finovate

FEBRUARY 5, 2025

Payment technology provider for financial institutions, Numeral, unveiled its fully managed Verification of Payee (VOP) solution this week. Numeral , a payment technology provider for financial institutions, launched its fully managed Verification of Payee (VOP) solution this week.

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Payee Verification API Payer 59

The Fintech Times

NOVEMBER 2, 2024

Pay.UK , the independent, not-for-profit operator of the UK’s national retail payments system, is expanding ‘Confirmation of Payee’, significantly bolstering protection for UK consumers against Authorised Push Payment (APP) fraud and misdirected payments. billion checks as of September 2024 and conducting over 2.1 million checks daily.

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Payee Faster Payments Transactions Checks 59

Finextra

JULY 1, 2025

Belgian banks are the first in the Eurozone to go live with Verification Of Payee (VOP), well ahead of the October 2025 deadline set by the EU Instant Payments Regulation.

Payee 52

Payee Verification Instant Payments Regulations 52

Finextra

OCTOBER 31, 2024

Confirmation of Payee in the UK has been extended to cover almost 99% of all transactions made through Faster Payments and Chaps after more financial firms implemented the fraud-fighting protocol.

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Payee Transactions Faster Payments Payments 127

Finextra

MARCH 18, 2025

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.

Payee 59

Payee Verification Instant Payments Regulations 59

Finextra

AUGUST 8, 2024

Australian Payments Plus (AP+) and the Australian Banking Association (ABA) have completed the design specs for a new national Confirmation of Payee service, providing another layer of protection against scammers.

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Payee Service Provider Payments 129

Finextra

MAY 2, 2025

Verification of Payee (VOP) is around the corner. Are organisations ready?

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Payee Verification 59

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.

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SWIFT Payee IBAN RFP 98

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). EBA CLEARING today announced the launch of its SEPA-wide VOP solution.

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Payee Verification IBAN End User 98

Fintech Finance

JANUARY 7, 2025

FxPro , a global leader in financial services and electronic money solutions, has announced its partnership with tell.money to implement Confirmation of Payee (CoP) technology. Were proud to support FxPro in enhancing their client security through our Confirmation of Payee service David Monty, CEO at tell.money comments.

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Payee Multi-Currency Security Transactions 98

Fintech Finance

SEPTEMBER 18, 2024

Paynetics , a leading provider of embedded finance services, partners tell.money to implement the Confirmation of Payee (CoP) service. The post Paynetics Selects tell.money to Implement Confirmation of Payee (CoP) Service appeared first on FF News | Fintech Finance.

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Payee Embedded Finance Fraud Detection Compliance 105

The Paypers

JUNE 12, 2025

Following this announcement, the collaboration is set to enable IFX Payments to leverage Form3’s Verification of Payee (VoP) solution for SEPA accounts, aiming to strengthen its defences against payment fraud and aligning with the Instant Payments Regulation mandate.

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Payee Verification Financial Crimes Payment APIs and Integration 36

Finextra

JANUARY 7, 2025

Tietoevry Banking has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) as new instant payment regulations come into force across the Eurozone.

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Payee Verification Instant Payments Regulations 105

Finextra

OCTOBER 15, 2024

Banks in New Zealand have begun the phased roll out of Confirmation of Payee, using technology supplied by UK fintech obconnect.

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Payee FinTech Technology 111

Payments Source

JULY 1, 2020

s six major banking groups are now required to have implemented the new Confirmation of Payee (CoP) scheme for Faster Payments and Chaps as part of a regulatory push to tackle the rampant rise in Authorized Push Payment (APP) fraud.

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Payee Faster Payments Authorization Payments 117

Finextra

MARCH 19, 2024

Fiancial messaging co-operative swift has been enlisted by Aastralian Payments Plus (AP+) to build a confirmation of payee service to reduce the risk of misdirected payments and increase defences against payment fraud.

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Payee SWIFT Risk Payments 111

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 98

Payee Verification IBAN Cross-Border 98

Finextra

APRIL 26, 2024

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global (..)

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Payee SWIFT Global Payments Product 98

Fintech Finance

JULY 3, 2024

PayPoint today announces a call to arms for Group 2 Payment Service Providers (“PSP”) yet to implement the Confirmation of Payee (CoP) service ahead of the mandated deadline of 31 October 2024, to take action now. The post PayPoint Issues Call to Arms Over Confirmation of Payee Aggregator Deadline appeared first on Fintech Finance.

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Payee Payment Service Provider (PSP) Payment APIs and Integration Service Provider 98

The Fintech Times

JANUARY 7, 2025

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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Value Added Service Finance Cross-Border Payments Payee 105

Fintech Finance

JANUARY 14, 2025

Through this collaboration, Airwallex will leverage ClearBank’s agency banking solution to enhance its UK offering with virtual business accounts, GBP collections, and Confirmation of Payee (CoP) functionality. ClearBank has enabled the global fintech to issue virtual accounts and IBANs under its own brand identity.

Payee 105

Payee IBAN Payments Faster Payments 105

Fintech Finance

APRIL 13, 2025

Paysera , a financial technology company with 20 years of market experience, has announced a strategic partnership with iPiD, a global provider of payee verification solutions. The goal of this requirement is to increase payment security and reduce the risk of fraud and errors throughout the SEPA area.

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Verification Compliance Payee IBAN 81

Fintech Finance

JULY 2, 2025

Banqup Group , the company behind the trusted digital platform Banqup, has announced a partnership with iPiD , a global leader in payee verification technology. Partnering with iPiD allows us to take an even more proactive stance against fraud—verifying the payee before a payment is made and giving our users peace of mind.”

Payment Security 52

Payment Security Payee Security Verification 52

Finextra

JULY 7, 2025

The European Payments Council is seeking Directory Service Providers to help with checking routing algorithms that may be used by Verification of Payee (VoP) scheme participants.

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Service Provider Payee Verification Participant 59

Finextra

APRIL 9, 2024

EBA Clearing will roll out a pan-European Verification of Payee feature by the end of the year.

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Payee Verification 78

Fintech News

MARCH 4, 2025

Originally introduced in the United States in October 2024, GAV verifies whether payee and account details match before transactions are processed, helping businesses and individuals prevent fraudulent transfers.

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Verification Risk Accounts Cross-Border Payments 106

NFCW

JANUARY 13, 2025

“The device supports both UnionPay QR code payer-initiated and payee-initiated payment methods, allowing foreign visitors to conveniently and efficiently pay at shopping malls, restaurants and specialty stores.” ” “Tourists can top up the card using cash or by swiping another card.

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Mobile Payments Online and Mobile Banking Payee Payer 117