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 […]
Belgian Banks Choose SurePay as Verification Of Payee (VOP) preferred scheme vendor
Change language: French German Dutch Belgian Banks Choose SurePay as Verification Of Payee (VOP) preferred scheme vendor Belgium is making a significant move towards enhancing trust in payments, mitigating scams and to becoming EU Instant Payments compliant. Brussels/Utrecht, 8 May 2024 – CEC has taken the responsibility to provide the Belgium VOP and has, on […]
New EU Law: Mandatory Payee Verification for All Instant Payments and SEPA Transactions
New EU Law: Mandatory Payee Verification for All Instant Payments and SEPA Transactions This March marked the start of the implementation deadlines for the new EU regulation concerning instant payments. It is aiming to ensure that all citizens and businesses with an account in an EU or EEA country are provided access to instant payments […]
Beyond Rumours: Solving GDPR Challenges in Verification Of Payee
Beyond Rumours: Solving GDPR Challenges in Verification Of Payee The EU regulation on Instant Payments is bound to have a huge impact on all Payment Service Providers (PSPs) and Payment Service Users (PSUs). Whilst the final text for the EU Regulation on Instant Payments is available, rumours are spreading about the implications of the text […]
Enhance efficiency and accuracy across various responsibilities for treasurers through the implementation of the IBAN-Name Check
Enhance efficiency and accuracy across various responsibilities for treasurers through the implementation of Verification Of Payee In the complex landscape of financial management, treasurers play a pivotal role in steering organisations toward financial success. The multifaceted responsibilities of a treasurer span from cash flow monitoring to strategic financial planning. In this blog, we explain how […]
Ensuring compliance and efficiency: Verification Of Payee for Batches
Ensuring compliance and efficiency: Verification Of Payee for Batches As the new EU Regulation on Instant Payments approaches its final publication in the Official Journal of the European Union, PSPs must prepare to meet one of the key requirements: verifying the IBAN and Name provided in a payment order by the Payer (Verification Of Payee). […]
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 […]
