IBAN, Payee and Verification

CBI and SEPAmail.eu Signed an Agreement to Set Up an Interoperable IBAN-Name Check – Verification of Payee (VoP) Solution

Fintech Finance

OCTOBER 9, 2024

and CBI joins their IBAN-Name Check expertise at the service of their respective communities in order to offer an interoperable solution to fight against fraud. The IBAN Name Check – VoP Service, is designed to ensure that IBAN codes are correctly matched with the names of beneficiaries before payments are processed.

IBAN

IBAN Interoperability Payee Verification

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

Fintech Finance

SEPTEMBER 24, 2024

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

Payee Verification IBAN Regulatory Compliance

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

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

Payee Verification Payment APIs and Integration IBAN

Webinars

From Start to Scale: Driving Growth Through Seamless Payments Implementation

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Pan-European Verification of Payee Ready by December

Fintech Finance

APRIL 9, 2024

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

Payee Verification Instant Payments Regulatory Compliance

EBA CLEARING Launches SEPA-Wide VOP Solution

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

Payee Verification IBAN End User

SurePay Partners with Swift to Bring Confirmation of Payee Solution to Banks Across the Globe

The Fintech Times

MARCH 31, 2024

SurePay , the IBAN-name check provider, confirmation of payee (CoP) and verification of payee (VoP) to over 100 banks, has expanded its services following a strategic agreement with Swift , the messaging network, and the integration of Swift’s payment pre-validation service.

Payee

Payee SWIFT Cross-Border Cross-Border Payments

CBI and SEPAmail.eu to set up an interroperable verification of payee service in Italy and France

Finextra

OCTOBER 9, 2024

and CBI joins their IBAN-Name Check expertise at the service of their respective communities in order to offer an interoperable solution to fight against fraud. SEPAmail.eu

IBAN

IBAN Payee Interoperability Verification

Luxhub delivers support for Iban-Name check

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

IBAN Checks Payee Instant Payments

The Evolution of Open Finance Through the Lens of CBI

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

Finance IBAN Fraud Prevention Interoperability

iPiD Closes Oversubscribed USD 5.3 Million Pre Series A

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

Payee Verification Cross-Border IBAN

LSEG Risk Intelligence Launches New Security Solutions to Mitigate Global Payments and Identity Risk

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

Mitigation Risk Global Payments Deepfake

Evolution or Revolution? Preparing For The PSD3

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

Non-Bank Rules Authentication Regulations

Signicat, SurePay Link Up To Combat B2B Payment Fraud

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

Due Diligence B2B Payee Payer

Payments Space

CBI and SEPAmail.eu Signed an Agreement to Set Up an Interoperable IBAN-Name Check – Verification of Payee (VoP) Solution

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

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

Webinars

Pan-European Verification of Payee Ready by December

EBA CLEARING Launches SEPA-Wide VOP Solution

SurePay Partners with Swift to Bring Confirmation of Payee Solution to Banks Across the Globe

CBI and SEPAmail.eu to set up an interroperable verification of payee service in Italy and France

Luxhub delivers support for Iban-Name check

The Evolution of Open Finance Through the Lens of CBI

iPiD Closes Oversubscribed USD 5.3 Million Pre Series A

LSEG Risk Intelligence Launches New Security Solutions to Mitigate Global Payments and Identity Risk

Evolution or Revolution? Preparing For The PSD3

Signicat, SurePay Link Up To Combat B2B Payment Fraud

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