Remove IBAN Remove Payee Remove Regulatory Compliance
article thumbnail

CBI and Banfico Partner to Expand Global Reach of Verification of Payee Service

Fintech Finance

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
article thumbnail

Surepay Joins Temenos Exchange to Expand Access to Verification of Payee and Confirmation of Payee

Fintech Finance

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
article thumbnail

Pan-European Verification of Payee Ready by December

Fintech Finance

EBA CLEARING has announced that it will provide its service users with Verification of Payee at a pan-European level as from December 2024. The roll-out of Verification of Payee is one element in the comprehensive preparation programme that the Company is engaging in with its user community to take instant payments to the next level.

Payee 52
article thumbnail

Clear Junction Named as One of Europe’s Fastest Growing Companies

Fintech Finance

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.