Fintech News

JUNE 10, 2024

Eastnets, a global compliance and payment solutions provider, has entered a strategic partnership with iPiD , a beneficiary name and bank account verification service. This collaboration aims to enhance payment security and efficiency for banks, corporations, and financial institutions on a global scale.

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Fraud Prevention Global Payments Payee Verification 117

The Fintech Times

MAY 13, 2024

CEC (Centre For Exchange And Clearing), the central point for channelling retail payment transactions between banks in Belgium, has plumped for SurePay to deliver verification of payee (VoP) services. ” The post SurePay to Lead Verification of Payee Integration in Belgian Banks appeared first on The Fintech Times. .

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Payee Verification Instant Payments Consulting 64

Fintech Finance

FEBRUARY 5, 2025

Numeral , a Mambu company, a leading payment technology provider for financial institutions, today announces the launch of its fully managed Verification of Payee (VOP) solution, empowering financial institutions to comply with the European Unions VOP regulation by the October 9, 2025 deadline.

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Payee Verification Compliance Payment APIs and Integration 59

Fintech News

JUNE 4, 2024

Founded in 2021 by former Swift executives, iPiD offers advanced payee verification and identification solutions aimed at enhancing global payment security. The new funds will be used to develop products that prevent payment-related fraud and to expand in strategic markets, especially in Asia.

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SWIFT Payee FinTech Verification 113

The Fintech Times

JUNE 8, 2024

Moneyhub , the UK-based data and payments platform, has launched its new account verification service, powered by open banking, to enable better payment security utilising bank-level security controls (including PSD2 SCA) and biometrics.

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Verification Accounts Payment APIs and Integration Online and Mobile Banking 59

Fintech Finance

JUNE 7, 2024

Moneyhub , the market-leading data and payments platform, has today announced the introduction of its account verification service. Powered by Open Banking, Moneyhub Account Verification enables better payment security utilising bank level security controls (including PSD2 SCA) and biometrics.

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Verification Accounts Payment APIs and Integration Online and Mobile Banking 52

Fintech Finance

APRIL 4, 2024

iPiD , a leading payment validation solutions provider, today announced the publication of a pivotal whitepaper, “Verification of Payee: The Race to Compliance,” authored by CEO Damien Dugauquier. The paper is now available on the iPiD website at www.ipid.tech/verification-of-payee-the-race-to-compliance.

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Payee Service Provider Verification Compliance 40

The Paypers

FEBRUARY 6, 2025

iPiD has formed a partnership with iBanFirst to improve international payment security through the integration of iPiD’s Know-Your-Payee (KYP) solutions.

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Payee Verification International Payments Payment Security 36

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 Paypers

APRIL 9, 2024

EBA CLEARING has announced its plan to provide Verification of Payee services to its users at a pan-European level starting from December 2024.

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Payee Payment Security Verification Security 36

EBizCharge

DECEMBER 18, 2024

Verification and validation Clearinghouses confirm the authenticity of all parties involved in a transaction through verification and validation. Clearinghouses verify the details of each transaction to ensure everything is correct before moving forward to prevent errors and guarantee that claims and payments are accurately processed.

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Facilitators Transactions Settlement Mitigation 52

PYMNTS

NOVEMBER 21, 2019

KPMG is rolling out a new payments security solution targeting B2B payments fraud, the company said Thursday (Nov. A press release said KPMG is collaborating with cybersecurity provider nsKnox to roll out its KPMG Secure Payments tool, distributed and serviced by KPMG Israel.

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B2B Security Cybersecurity Email Compromise 44

PYMNTS

OCTOBER 19, 2018

payment authority. As noted by Financial Times and other sources, the movement, which is one known as “confirmation of payee,” will take effect in 2019. With an eye on fraud prevention, banks in the United Kingdom are slated to debut name checks to accompany bank transfers. The directive comes from Pay.UK , the U.K.

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Checks Fraud Prevention Authorization Payee 53

Stax

MARCH 14, 2024

Payments work by giving the payer a link to complete the transaction. This would take them to the gateway where they can pay by credit card, Paypal, or other payment options the payee wishes to add. It’s a common payment solution offered by digital payment providers.

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B2B Process B2C Credit Cards 88

The Fintech Times

FEBRUARY 8, 2025

Global payments company ACI Worldwide has teamed up with Banfico, a fintech specialising in regulatory technology, global account verification and open banking solutions. The new European Instant Payment Regulation mandates the VOP service across all PSPs by October 2025. Additionally, as a Pay.UK-certified

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Regulations Payment Service Provider (PSP) Payee Verification 59