Elevating Bank Fraud Prevention with SurePay’s Innovative Solutions
Elevating Bank Fraud Prevention with SurePay’s Innovative Solutions Fraud and Authorised Push Payment (APP) scams are major concerns for the financial sector, with numerous news articles and reports indicating a rise in various online scams. The advent of the digital age has led to more sophisticated fraud tactics, where scammers employ social engineering and advanced […]
SurePay announces one European Verification of Payee
SurePay announces one European Verification of Payee Instant Payment regulation and internationalisation of fraud call for Europe wide solution SurePay, the inventor and market leader of the Verification of Payee, is pleased to announce the launch of One European Verification of Payee solution. With one solution, European reach is offered both cross border and domestic […]
SurePay Portal makes checking IBAN and name easier and more accessible
SurePay Portal makes checking IBAN and name easier and more accessible Today, Utrecht-based fintech SurePay introduces the IBAN-Name Check Portal. Companies can use the Portal to quickly and efficiently check, 24 hours a day, whether they have the correct payment details of a customer, supplier or employee. In this way, SurePay helps detect fraud and […]
European Commission has announced that the Verification of Payee solution will be adopted Europe-wide
A great day for the Verification of Payee (VoP). In 2016, we introduced the Verification of Payee in the Netherlands and in 2019, CoP was introduced in the UK. Yesterday, the European Commission announced that the solution will be adopted Europe-wide, as part of the Instant Payments legislation! This ensures that instant payments in euro are […]
New feature IBAN-Name Check for Business: the Account Age Check
New feature IBAN-Name Check for Business: the Account Age Check Did you know that fraudsters often use recently opened accounts? That’s why a new feature has been added to the IBAN Name Check for Businesses: the Account Age Check! This check returns what the age of the account is since the date of opening. So […]
European introduction Verification of Payee
European introduction Verification of Payee Interesting article in the leading financial newspaper Het Financieele Dagblad about the expected European introduction of the IBAN-Name Check. As the inventor and market leader in the Netherlands and UK, and with a connection to France, SurePay is the driving force in the evolution of the IBAN-Name Check. “The SurePay system was introduced on […]
European Verification of Payee needed to combat international fraud
European Verification of Payee needed to combat international fraud On the second of May 2022, the broadcast of Kassa – BNNVARA told about scams involving fake credit; victims are asked to transfer money to a foreign account number in exchange for a credit that you then never receive. To combat international fraud, the Verification of […]
First cross-border IBAN-Name Check launched for payments between France and the Netherlands
First cross-border Verification of Payee Check launched for payments between France and the Netherlands SEPAmail.eu and SurePay work together with StreamMind to prevent fraud and misdirection in cross-border payments SurePay, SEPAMail.eu and StreamMind have today announced the launch of the first cross-border Verification of Payee Check. This service enables companies and banks to check that the […]
Interview by SurePay for European Payments Council (EPC) on Confirmation of Payee (IBAN-Name Check)
Interview by SurePay for European Payments Council (EPC) on Confirmation of Payee (IBAN-Name Check) ‘We are on a mission to expand and innovate our services within the UK and Europe so that we can continue to make online payments even more personal, easy and secure.” Britt Meijer (Business Development Manager Global) and Marcel Rienties […]