SurePay wins Banking Tech Award for Best Digital Solution PayTech
SurePay wins Banking Tech Award for Best Digital Solution PayTech A wonderful recognition for our VOP combined with value added services such as our Swift connection. SurePay is proud to announce its recognition as the Best Digital Solution Provider PayTech at the prestigious Banking Tech Awards. This is a huge recognition of our commitment […]
Verification of Payee: Strengthening Consumer Trust in Digital Payments
Verification of Payee: Strengthening Consumer Trust in Digital Payments Instant payments are becoming the new normal within the EU following the EU Parment’s decision to require Payment Service Providers (PSPs) to offer their customers SEPA (Single Euro Payments Area) instant credit transfers. Although they offer many benefits for businesses and consumers alike, instant payments also […]
How VOP and consumer awareness can help prevent APP fraud
How VOP and consumer awareness can help prevent APP fraud The role of consumer awareness in fraud prevention In April, the European Banking Authority (EBA) released an opinion highlighting the positive impact of PSD2 security measures, including strong customer authentication, across the European Union. The EBA noted that these requirements have been effective in preventing […]
Consider a Proof of Concept (PoC) for SurePay’s Verification of Payee Solution.
Consider a Proof of Concept (PoC) for SurePay’s Verification Of Payee Solution Financial institutions are under increasing pressure to act swiftly due to the Instant Payments legislation. Payment Service Providers (PSPs) must balance the need to act quickly with the need to make the right decision, making the evaluation of Verification Of Payee solutions more […]
Verification Of Payee (VOP) Rulebook by the EPC: What it says and how SurePay complies
Verification Of Payee (VOP) Rulebook by the EPC: What it says and how SurePay complies The final version of the VOP Rulebook by the European Payments Council (ECP) was published 10 October. It sets essential standards for Verification Of Payee (VOP) processes. As the largest VOP vendor, SurePay has been at the forefront of these […]
Why Instant Payments? The Connection Between Instant Payments and Verification of Payee (VoP)
Why Instant Payments? The Connection Between Instant Payments and Verification of Payee (VoP) In today’s fast-paced financial environment, Instant Payments have become a key feature of modern banking. The increasing demand for swift, efficient, and secure transactions has led to the widespread adoption of Instant Payments systems across Europe and beyond. But what exactly are […]
Instant Payments Regulation update/Q&A
Instant Payments Regulation update/Q&A: What you need to know The European Commission recently released a Q&A on it’s interpretation of the Instant Payments Regulation, designed to accelerate adoption and improve security with Verification of Payee (VoP). Coming into effect in October 2025, the new requirements have created a range of complex scenarios. That’s why the […]
Verification of Payee and Liability: Ensuring secure Instant Payments
Verification of Payee and Liability: Ensuring secure Instant Payments The European Council has recently adopted regulations to make Instant Payments available for euro transactions across the EU and EEA countries. This regulation allows consumers and businesses to transfer money within ten seconds, any time of the day, even outside business hours, and across borders within […]
Interoperability with all European PSPs for Verification of Payee
The road to Verification of Payee interoperability With the Instant Payments Regulation being finalised almost two months ago other progress has been made in Europe. Specifically around the Verification of Payee (VoP) requirements in the regulation and how PSPs will effectively work together, the following should be noted. The VoP Rulebook public consultation period has […]
How SurePay can help you be DORA compliant
How SurePay can help you be DORA compliant The financial sector has become increasingly dependent on technology and supporting ICT service providers. While they can improve operational resilience, it has also made these financial entities vulnerable to cyber-attack. Due to the interconnectedness of the ecosystem, the impact of a breach on a single entity or […]