PSR Specific Direction 17 exemption and extension

Confirmation of Payee regulation update: exemption and extension The UK Payment Systems Regulator has issued a Specific Direction (SD17) requiring Payment Service Providers and Building Societies to implement Confirmation of Payee (CoP) by 31 October 2024. The PSR has now created processes to apply for an exemption or extension, although the vast majority of firms […]

Confirmation of Payee solution for PSPs

Confirmation of Payee solution for PSPs With the Group 2 deadline to implement Confirmation of Payee (CoP) by October 31, 2024 quickly approaching, nearly 300 Payment Service Providers (PSPs) are actively planning to become compliant. This blog serves as a guide on how Group 2 can prepare on time, the latest updates from Pay.UK, and […]

The One-Stop, Simple Approach to Confirmation of Payee (CoP) Implementation

The One-Stop, Simple Approach to Confirmation of Payee (CoP) Implementation This article explains the basics of CoP and how SurePay, the UK leading vendor, can help you implement a CoP solution and ensure that you comply with the PSR mandate. The rise of APP fraud has led to the implementation of Confirmation of Payee (CoP) […]

SurePay presents Developer Portal with API documentation for implementation

SurePay presents Developer Portal with API documentation for implementation Our Confirmation of Payee makes it very easy to check payments. With the new Developer Portal, we make it easier for developers to integrate this solution. The Developer Portal is specifically designed to help developers integrate our Confirmation of Payee solution into their systems. The Portal […]