Why PSPs and banks should choose a CoP provider offering European Verification Of Payee solution
Why PSPs and banks should choose a CoP provider offering European Verification Of Payee solution As Payment Service Providers (PSPs) and banks gear up to comply with the UK’s Confirmation of Payee (CoP) regulation, they face the added challenge of ensuring interoperability with European and global payment verification systems. This is where a CoP provider […]
SurePay joins FIS strengthening delivery of Verification and Confirmation of Payee across the EU and UK
SurePay joins forces with FIS strengthening delivery of Verification and Confirmation of Payee across the EU and UK Partnership offers Payment Service Providers (PSP’s) in the UK and EU a convenient access to SurePay’s Confirmation of Payee (UK) and Verification Of Payee (EU) API, making mitigating fraud and becoming compliant easier as regulatory deadlines approach. […]
SurePay joins Temenos Exchange to expand access to Verification Of Payee and Confirmation of Payee
SurePay joins Temenos Exchange to expand access to Verification Of Payee and Confirmation of Payee SurePay’s APIs are now available via the Temenos Exchange partner ecosystem making Verification Of Payee (EU) and Confirmation of Payee (UK) easier for financial institutions. London/Utrecht, 11 April – SurePay today announced that the SurePay solutions will be available via […]
SurePay Introduces Bulk Check Functionality on UK Confirmation of Payee (CoP) Portal
London, UK – March 5, 2024 – SurePay, a leading provider of innovative financial security solutions, announces the launch of bulk check functionality on its UK Confirmation of Payee (CoP) portal. This new feature empowers corporations to effortlessly verify up to 10,000 records, enhancing efficiency and security in financial transactions. The bulk check functionality streamlines […]
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 […]
SurePay’s partners with OneID
SurePay partners with OneID, digital ID verification. London/Utrecht 28 February – SurePay’s & OneID® alliance aims to fortify businesses with an enhanced layer of protection, bolstering their ability to combat the increasing threat of online fraud. UK Finance reported over 116k incidents of Authorised Push Payment Fraud in the first half of 2023. This is a 22% […]
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 Launches Developer Portal to empower UK PSPs to implement Confirmation of Payee
SurePay Launches Developer Portal to empower UK PSPs to implement Confirmation of Payee London/Utrecht 7 November 2023 – SurePay, the pioneer behind Confirmation of Payee, is excited to introduce the SurePay Developer Portal, an innovative platform designed to empower developers with the full potential of SurePay’s offerings. This announcement comes at a pivotal time as the […]
SurePay announces One European IBAN-Name Check
SurePay announces One European IBAN-Name Check UK Banks can benefit from this European IBAN-Name Check to protect their customers for SEPA payments and will need to become compliant with the upcoming European Instant Payment regulation London/Utrecht 6 June 2023 – SurePay, the largest vendor of Confirmation of Payee, serving 40 UK Banks and Building Societies, is […]