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 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.

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Payee Verification Instant Payments Payments 52

Finovate

NOVEMBER 19, 2024

Credit union credit card issuer Collabria Financial Services has teamed up with digital identity verification fintech Trulioo. The Canada-based card issuer will leverage Trulioo to streamline the verification process for new cardholders.

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Verification Credit Union Card Issuer Payment APIs and Integration 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

The Fintech Times

JANUARY 8, 2025

iDenfy , the global fraud prevention identity verification service provider, has filed a patent for technology that verifies a user’s address data. Fraudsters, using forged or altered information, have long been exploiting traditional address verification methods, such as utility bills or other proof of address documents.In

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Verification Addressing Fraud Prevention Credential 59

Finovate

APRIL 18, 2025

ValidiFI has expanded its vAccount+ suite to include authoritative bank account verification, enabling real-time validation of account status and ownership using direct-source financial data. This is in contrast to traditional verification methods that rely on information supplied by the user, manual document uploads, or even micro-deposits.

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Verification Accounts NACHA ACH 59

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

Banfico, a leading global fintech specialising in account verification solutions, has become the first Routing and/or Verification Mechanism (RVM) to achieve full qualification status in the European Payments Council's (EPC) Verification of Payee (VOP) scheme.

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Verification Payee Accounts FinTech 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. Once batch payment verification is added, this figure is expected to double. SurePay now processes 200 million VOP checks per month.

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Payee Verification Cross-Border Payments Cross-Border 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

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

The Fintech Times

MARCH 25, 2025

Recognising evolving challenges related to fraud, Intergiro , a white-label fintech platform, and Movitz , the payment fintech, have joined forces to combat financial fraud by building advanced payment verification solutions which financial institutions can leverage to enhance the security of their customers as they make payments online.

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Verification Cross-Border Fraud Prevention Payments 59

Fintech Finance

MAY 28, 2025

By integrating iPiD’s solution, Emirates NBD strengthens its fraud prevention strategy while laying the groundwork for scalable payee verification across global markets. Our partnership with iPiD – bringing global payee verification capabilities to enhance cross-border payments– reinforces this commitment.

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Payee Verification Cross-Border Payments Cross-Border 64

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.

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Payee Verification Instant Payments Regulations 52

Fintech News

OCTOBER 28, 2024

Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. billion in 2020—often due to outdated, error-prone verification methods—Nium Verify offers a solution through direct integration with clearing systems and major banks within each country.

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Cross-Border Payment APIs and Integration Cross-Border Payments Verification 107

Fintech News

MARCH 24, 2025

The report, based on Sumsubs internal identity verification and user activity data from 2023 and 2024, along with a survey of over 300 companies across the crypto, banking, payments, and e-commerce sectors, reveals that APAC was the only region to record a decline in crypto fraud in 2024, with fraud rates dropping from 2.6%

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APACS Verification Fraud Detection Money Laundering 92

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.

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Payee Verification Instant Payments Regulations 59

Fintech News

NOVEMBER 6, 2024

This is in line with Confirm’s goal to provide global account verification services through a single, secure network.” By leveraging our account verification capabilities, we are reducing friction in global payments, creating a more efficient, secure, and compliant payments ecosystem.”

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Cross-Border Payments Cross-Border Account Validation Credit Union 119

Finextra

JUNE 26, 2025

Home Announcements Identity Experian integrates Mastercard ID verification and fraud prevention tech External This content is provided by an external author without editing by Finextra. A key feature in Experian’s Identity and Fraud solutions, identity verification, plays a vital role in the fight to prevent fraud and cybercrime.

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Fraud Prevention Verification Visa Payment APIs and Integration 52

Fintech News

JUNE 12, 2025

Fraud in Asia Pacific’s fintech and healthtech industries has risen sharply over the past year, according to new data from global verification provider Sumsub. This method is particularly concerning in sectors like fintech and healthtech, where digital onboarding and remote verification are commonly used.

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Deepfake APACS FinTech Verification 89

Fintech Finance

JANUARY 21, 2025

The EDS will be accessible to scheme participants adhering to the VOP scheme and to the Routing and Verification Mechanisms (RVMs) operating on their behalf. The EDS wont store any personal data or IBAN, as it will only be used for routing purposes between business entities (PSPs and RVMs).

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SWIFT Payee IBAN RFP 98

Finextra

JUNE 27, 2025

In this interview, Gus Tomlinson, Managing Director, Identity Fraud, GBG sat down with FinextraTV to discuss some of the progress being made when it comes to identity verification.

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Verification Technology 52

The Nilson Report

JUNE 27, 2025

Skip to content Newsletter Expertise Archive Research News & Events Subscribe Renew Contact Login Newsletter Expertise Archive Research News & Events Subscribe Renew Contact Login $ 0.00

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Verification Privacy Research Consulting 52

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

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

NFCW

JANUARY 31, 2025

BIOMETRICS: Life Card is to start issuing payment cards with fingerprint verification Japanese credit card issuer Life Card is to begin issuing cards containing a built-in fingerprint verification sensor this year, in a move that marks the first commercial launch of biometric payment cards in Japan.

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Card Issuer Verification Issuers Credit Cards 100

Fintech News

DECEMBER 10, 2024

Its advanced accuracy delivers improved and more comprehensive identity verification for clients.

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Risk AI Acquirers Deepfake 120

Fintech News

APRIL 25, 2025

Data from identity verification specialist Sumsub reveal that identity fraud incidents have more than doubled in the past three years, with account takeovers and deepfakes emerging as major concerns. of all verifications analyzed worldwide by Sumsub, marking a staggering 136.4% Financial services have become a prime target.

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Deepfake APACS Account Takeovers Verification 97

Fintech Finance

DECEMBER 11, 2024

With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing.

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Laws Transactions FinTech Legal 98

Fintech News

MARCH 11, 2025

One of the largest scams uncovered by Visa involved fraudulent identity verification schemes. Scammers sent phishing links disguised as legitimate verification sites via dating platforms, enrolling victims in recurring billing cycles.

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Scams Blocks Law Enforcement Laws 108

Finovate

MARCH 19, 2025

Core banking provider Tuum and verification platform Sumsub announced a partnership this week. ” Through the partnership, banks and fintechs working with Tuum will benefit from automated identity verification and AI-powered fraud detection and transaction monitoring.

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Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Fintech Times

JUNE 27, 2025

QwikPay , the Australian paytech, is improving its real-time user onboarding while maintaining compliance with financial regulations in Australia, following a new partnership with iDenfy , the identity verification and fraud prevention technology provider. We needed a compliance partner that could scale with us while maintaining user trust.

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Risk Management Compliance Risk AML 59

The Fintech Times

DECEMBER 18, 2024

Check IBAN allows online verification of the association between IBAN code and Fiscal Code/VAT, provided by a natural or legal entity, both in the Italian and European market. This service facilitates Public Administration and corporates in fulfilling their fraud prevention activities vis--vis their customers (e.g.

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Finance IBAN Fraud Prevention Interoperability 115

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. Developed in line with European standards, the solution offers a unified method for IBAN verification in financial transactions.

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Value Added Service Finance Cross-Border Payments Payee 105

Fintech News

JUNE 16, 2025

Experian and GBG have expanded their partnership to enhance fraud prevention and identity verification services for organisations across Australia and New Zealand. The move comes amid growing concerns around identity-related fraud.

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APACS Verification Fraud Prevention AML 73

Fintech News

NOVEMBER 18, 2024

OKX has also introduced Singpass verification to further enhance the user experience. Customers can now deposit SGD into their OKX accounts using PayNow and withdraw funds via FAST, provided their bank is one of the 27 institutions participating in the service.

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Cross-Border Verification Payments Institute Participant 117

Fintech News

NOVEMBER 27, 2024

Global verification provider Sumsub has partnered Elliptic, a cryptoasset risk management firm, to bolster its crypto transaction monitoring and Travel Rule solutions. As blockchain technology advances, so do the threats it faces, making comprehensive and adaptive tools essential. said James Smith, Co-founder of Elliptic.

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Crime Financial Crimes Travel Rule Blockchain 113