There’s something about Canada
Table of Contents Deep-dive article There’s something about Canada Payments Canada Summit left a notable impression on me. Without doubt, one of my absolute highlights was hearing from Canada’s Minister of Finance and National Revenue, the Honourable François-Philippe Champagne. The team and I also had the privilege of a private meeting and wow, his energy […]
6 Things We Took Away from Nacha Smarter Faster Payments
Table of Contents Deep-dive article 6 Things We Took Away from Nacha Smarter Faster Payments We attended Nacha Smarter Faster Payments. Here’s what the industry is actually talking about, and what it tells us about where fraud prevention in North America is heading. By Eelco Rietveld (Head of Product Management) and Richard Koldewijn (Regional Director […]
Scammers target Dutch taxpayers as the Belastingdienst bank switch creates new fraud risk
Table of Contents Press release Scammers target Dutch taxpayers as the Belastingdienst bank switch creates new fraud risk SurePay launches free IBAN checker to help citizens verify payments and stop cyber criminals exploiting the Dutch tax authority account switch While the bank migration is an ordinary administrative step for the Belastingdienst, it creates an ideal […]
The most important decision in Nordic payments isn’t about the rails.
Table of Contents Deep-dive article The most important decision in Nordic payments isn’t about the rails. When markets implement Verification Of Payee (VOP) bank-by-bank, they get partial protection. When they implement it as a country, they get infrastructure. The Nordics are at that fork in the road right now and the choice they make will […]
VOP: Key Lessons Learned According to the CTO
Table of Contents Deep-dive article VOP: Key Lessons Learned According to the CTO Verification of Payee is a banking service that verifies whether the name of the beneficiary matches the IBAN provided by the payer before a payment is authorized. It is designed to combat Authorized Push Payment (APP) fraud (where fraudsters trick victims into […]
How Fraud detection in the “Wild West” era was superior
How Fraud detection in the “Wild West” era was superior I started detecting online banking fraud back in 2011. It was at the time that the Netherlands suffered under a huge peak in online banking fraud, especially malware that injected large numbers of fraudulent transactions. As the newly installed detection system came without any detection […]
How Bank Account Verification is the key to compliant & safe Instant Payments
How Bank Account Verification is the key to compliant & safe Instant Payments Real-time payments are transforming the banking industry, but they come with unique challenges: how can banks ensure that money reaches the right recipient instantly, securely, and without error? For financial institutions navigating the EU’s Instant Payments Regulation, the stakes are high. Fraud […]
Understanding IBAN-Name Check: What It Is and Why It Matters
Understanding IBAN-Name Check: What It Is and Why It Matters With payment fraud on the rise and financial errors costing millions annually, ensuring secure and accurate transactions has never been more important. While the names may vary—IBAN-Name Check, Verification Of Payee (VOP), or Confirmation Of Payee (COP)—they all serve the same critical purpose: verifying account […]
Verification Of Payee in the EU: What it is, how it works, and how to prepare
Verification Of Payee in the EU: What it is, how it works, and how to prepare As of October 2025, Verification of Payee (VOP) has become a mandatory requirement for banks and payment service providers operating within the euro area.This milestone marks a major step toward safer, more transparent Instant Payments across Europe — helping […]
What is SurePay and How Does It Work?
What is SurePay and How Does It Work? In an era where digital transactions are the norm, ensuring payments reach the intended recipient is more critical than ever. SurePay is at the forefront of payment verification with its advanced Verification Of Payee (VOP) solution. Banks, businesses, and payment service providers across Europe rely on SurePay […]