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Tietoevry Banking Registration Enables it to Verify Payer and Payee Identities for European Banks

The Fintech Times

Tietoevry Banking has also partnered with Movitz Payments , enabling it to include confirmation of both payer and payee adding an extra layer of security and confirmation for banks and their customers. VoP solutions aim to reduce fraud and misdirected payments by confirming the identity of a payer or payee prior to any transaction.

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Payer Financial Debuts New ID Verification Service

PYMNTS

Payer Financial Services has developed a new registration product to change how customer relations are made between companies online through better identity verification services, according to a press release. Payer is determined to lead the development of the end-to-end payment chain for B2B.

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Volvo Teams With Payer For Service And Repair B2B Optimization

PYMNTS

Volvo Financial Services (VFS), the captive financing arm of Volvo Group, has announced that Payer will help it optimize payments and improve the customer experience for auto service and repairs, a press release says. Payer works in payments technology. The solution is currently live in Norway and Spain, according to the release.

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Singapore to Launch Two New e-Payment Solutions in Mid-2025 to Phase Out Cheques

Fintech News

EDP will cater to post-dated payments, deducting funds from the payer’s account upon presentment by the payee. The solutions were developed in collaboration with all Domestic Systemically Important Banks (D-SIBs)—Citibank, DBS Bank, HSBC, Maybank, OCBC Singapore, Standard Chartered Bank, and UOB.

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EPC Selects Swift for the EPC Directory Service

Fintech Finance

The EPC VOP scheme relies on exchanging VOP messages between payer and payee PSPs in accordance with the rules set out in the VOP rulebook and implemented on the basis of application programming interfaces (APIs) designed by the EPC.

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Beijing introduces dedicated mobile payments devices for foreign visitors

NFCW

“The device supports both UnionPay QR code payer-initiated and payee-initiated payment methods, allowing foreign visitors to conveniently and efficiently pay at shopping malls, restaurants and specialty stores.” ” “Tourists can top up the card using cash or by swiping another card.

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Keepz Facilitates Digital Currency Payment Option for Taxes in Georgia

The Fintech Times

Embracing digital payments Beyond tax payments, Keepz is also looking to empower tens of thousands of merchants and hundreds of thousands of payers by enabling secure, borderless transactions using digital assets. “We believe financial freedom starts with choice, and we empower people to pay and get paid on their own terms. .