Fintech Finance

JUNE 5, 2024

Founded in 2021 by a team of former Swift executives, iPiD provides cutting-edge payee verification and identification solutions. These new funds will be utilized to accelerate the commercial roll-out of iPiD’s Verification of Payee solutions in Europe. Confirmation of Payee in the UK is a case in point.

Payee 52

Payee Verification Cross-Border IBAN 52

Fintech Finance

FEBRUARY 26, 2025

As a fully regulated bank, ClearBankwillimprove InterpolitansUK solutions byproviding local GBP accounts for its corporate and private client base, complete with embedded Confirmation of Payee (CoP).

Multi-Currency 52

Multi-Currency IBAN Payee Faster Payments 52

PYMNTS

DECEMBER 2, 2019

2) said Signicat will integrate SurePay’s bank account verification solution within Signicat’s Digital Identity Platform, allowing financial institutions and businesses in the Netherlands to automatically authenticate a payee’s identity with its bank account details.

Due Diligence 40

Due Diligence B2B Payee Payer 40

Fintech Finance

MARCH 18, 2024

Along with snowballing revenues, Clear Junction proudly serves in over 100 countries and territories, processes over €50 billion volume of payments every year, is trusted by over 300 clients globally, supports more than 10 million end customers with its virtual IBANs, and employs more than 130 employees – a 20% growth from last year.

Stablecoins 64

Stablecoins Cross-Border Payments Cross-Border Compliance 64

PYMNTS

JULY 7, 2017

Cofounder Ian Mirels told reporters that part of the problem is that in Australia, there is a lack of awareness that banks don’t match payee names to account numbers when processing transactions, leading payments fraud to be a rising focus for cybercriminals, he said. Invoice Finance.

Online and Mobile Banking 40

Online and Mobile Banking B2B IBAN Payee 40

Fintech Finance

APRIL 11, 2024

With impending regulatory changes from the UK Payment Systems Regulator (SD17) and EU legislation on Instant Payments, data and security (PSD3), it is imperative that financial institutions have Verification of Payee (EU) and Confirmation of Payee (UK) solutions in place.

Payee 52

Payee Verification Payment APIs and Integration IBAN 52

The Fintech Times

OCTOBER 31, 2024

LSEG Risk Intelligence is launching Global Account Verification, which checks payee and account details match before transfers are confirmed, as well as Document and Biometric Verification, which uses AI and deep learning to accurately conduct identity checks.

Mitigation 59

Mitigation Risk Global Payments Deepfake 59

Finextra

MARCH 18, 2024

A few days after the Instant Payments Regulation adoption by the Council of the EU, LUXHUB’s shareholders (Spuerkeess, BGL BNP Paribas, POST and Raiffeisen) are expressing today their support to the company’s Payee Verification Platform.

IBAN 52

IBAN Checks Payee Instant Payments 52

Open Banking Excellence

NOVEMBER 14, 2023

This would increase consumer awareness, bolster customer authentication standards, extend refund rights for fraud victims, and mandate the verification of payees’ IBAN numbers against their account names for all credit transfers.

Non-Bank 130

Non-Bank Rules Authentication Regulations 130

The Fintech Times

JANUARY 7, 2025

Enhancing security Some of these services are the Check IBAN, Name Check CBI and CBI Safe Trade, all designed to combat frauds and deliver greater security.Moreover, these solutions are fully in line with the Sustainable Development Goals (SDGs) identified by the United Nations 2030 Agenda.

Value Added Service 105

Value Added Service Finance Cross-Border Payments Payee 105

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.

Payee 98

Payee Verification IBAN End User 98

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

The Fintech Times

JANUARY 15, 2025

Global payments and financial platform for modern businesses, Airwallex has expanded its UK offering with virtual business accounts, GBP collections, and confirmation of payee (CoP) functionality, following a new partnership with ClearBank , the embedded banking and real-time clearing enabler.

IBAN 59

IBAN Payee On-Demand Faster Payments 59

The Fintech Times

DECEMBER 18, 2024

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. This service facilitates Public Administration and corporates in fulfilling their fraud prevention activities vis--vis their customers (e.g.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115