The Fintech Times

JANUARY 7, 2025

In this regard, over the years, CBI has developed several open banking and open finance services. 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.

Value Added Service 105

Value Added Service Finance Payee Cross-Border Payments 105

The Fintech Times

DECEMBER 18, 2024

From an open finance and data monetisation perspective, CBI has developed several value-added services (VAS) that render its clients even more competitive. Tackling fraud CBIs response to increasing fraud and misdirection of payments is evident in a range of services, such as: Check IBAN, Name Check, CBI GO and CBI Safe Trade.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115

Fintech Finance

OCTOBER 9, 2024

This partnership enables the Italian and French communities, via their PSP, to secure their cross-border payments in offering a high added-value service to meet the requirements of the Instant Payment Regulation and beyond. The post CBI and SEPAmail.eu

IBAN 105

IBAN Interoperability Payee Verification 105

Fintech Finance

MAY 29, 2024

Form3 , the cloud-native account-to-account platform, today announces that Currencycloud , a Visa solution focusing on simplifying business in a multi-currency world, has selected them to provide account verification technology to support Confirmation of Payee (CoP) activity, designed to reduce fraud in the UK.

Payee 52

Payee Fraud Detection Fraud Prevention Multi-Currency 52

Finextra

JUNE 28, 2024

Digital transformation through the use of APIs will also bolster end-to-end connectivity, paving the way for value-added services offering increased transparency and verification with Confirmation of Payee.

Real Time Payments 52

Real Time Payments Cross-Border Payments API Cross-Border 52

The Payments Association

APRIL 23, 2025

The verification of payee (VoP) requirement represents another challenge that must be addressed by October, adding further pressure to banks. Systems that verify the IBAN matches with the intended recipients name notably a feature not previously mandatory in SEPA credit transfers are now compulsory.

Real Time Payments 88

Real Time Payments Innovation Instant Payments Payments 88

The Fintech Times

DECEMBER 31, 2023

“Moreover, the emergence of the next generation of open banking payment solutions, some of which facilitate instant payments along with a range of value-added services, will also play a significant role.

Global Payments 124

Global Payments Online and Mobile Banking Alternative Payment Methods Instant Payments 124