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Tietoevry Banking achieves mandate for roll out of Verification of Payee

Finextra

Tietoevry Banking has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) as new instant payment regulations come into force across the Eurozone.

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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.

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EBA Clearing preps Verification of Payee

Finextra

EBA Clearing will roll out a pan-European Verification of Payee feature by the end of the year.

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iPiD’s Payment Verification Solution Now Offered on Microsoft Azure

Fintech News

iPiD, a provider of payment verification solutions, has announced that its Global Bank Account Validation Deployment Kit is now available in the Microsoft Azure Marketplace. The solution also includes comprehensive Confirmation of Payee (CoP) validation, verifying account existence, ownership, name match, currency validation, and more.

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

Fintech Finance

This verification process is crucial in mitigating fraud, preventing payment errors, and ensuring that funds are accurately directed to their intended recipients. Through this collaboration, PSPs connected to this interoperable solution will gain access to a crucial verification service. The post CBI and SEPAmail.eu

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IPiD launches AI-powered name matching tech for Verification of Payee

Finextra

Payment identity network iPiD has joined forces with Microsoft to builds an AI-powered name-matching tool for Verification of Payee (VoP).

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Tietoevry Banking Secures European Payments Council Registration for Routing and Verification Services

Fintech Finance

Tietoevry Banking , the leading provider of financial software solutions, is today announcing that it has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) solutions.