In today’s world of instant digital payments, speed is everything. But when money moves fast, mistakes can also travel just as quickly. That’s why a new safety feature called Verification of Payee ...

Bank/PSP (Payment Service Provider) not offering Confirmation of Payee (CoP) could be aiding and abetting fraudsters. CoP links the name of the account holder to the Sort Code and account number.

The Department of Social Protection has issued a statement on their website as a major banking change has come into effect ...

XBP Europe is now officially registered with the European Payments Council as a vendor of Verification of Payee (VOP) services, allowing it to assist organizations with compliance to new instant ...

On 9 October 2025, the requirement for the payer – the financial institution – to cross-verify the name and account number of the recipient before initiating a payment will become uniformly applicable ...

LONDON and SANTA MONICA, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related ...

Representative payees are required by law to use the benefits in the beneficiary ... You’ll have to get a record of all money taken from the account, so be sure to save the receipts for all items or ...

LONDON and SANTA MONICA, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable ...