Banfico

⛳ 🎯 Play your first #VoP game here https://lnkd.in/gqHn-tYt to test your name-matching skills 😅 The game is constructed with name-matching rules from the major #VoP / #CoP schemes in Europe - Société SEPAmail.eu Pay.UK European Payments Council (EPC) Nordic Payments Council. Our team has created a pastime game with expertise from implementing various scheme rulebooks and standards. The game does provide feedback on your choice of answers. We hope you enjoy the game. Please don't forget to share your feedback 😊 Should you want to see our #VoP / #CoP solution in action, please book a meeting with us at [email protected] #AuthorisedPushPayment #APPfraud #SocialEngineeredFraud #CoP #VoP #RVM #EPCvop #NPCcop #IBANnameCheck #IBANcheck #SepamailDiamond #Sepamail #PayUKCoP #PayUK #CoPAggregator

🎉 Recently, Banfico has been officially recognised as a CoP/VoP solution provider for Pay.UK #CoP (UK) and Société SEPAmail.eu #VoP (France) schemes. Banfico is officially a Confirmation of Payee (CoP) aggregator for the PSPs who don't wish to participate directly in Pay.UK's CoP Scheme. Only a handful of solution providers are approved. Please find official reference at https://lnkd.in/eZJCg3DJ Another major milestone - Banfico's Verification of Payee (VoP) solution has successfully undergone the homologation process for the French SEPAmail Diamond Scheme. Only three such service providers are officially recognised as referenced here - https://lnkd.in/g2Gtz_Ch Separately Banfico is also a technical service provider for #JPMorgan #Liink, the Nordic Payments Council (NPC) CoP Scheme and the European Payments Council (EPC) VoP solutions. Reach out to us for details on European VoP or UK's CoP at [email protected]. We also cover global markets. #ConfirmationOfPayee #VerificationOfPayee #AuthorisedPushPayment #APPfraud #SocialEngineeredFraud #CoP #VoP #RVM #EPCvop #NPCcop #IBANnameCheck #IBANcheck #SepamailDiamond #Sepamail #PayUKCoP #PayUK #CoPAggregator

💥 Today, European Central Bank announced #VoP initiative - Details: https://lnkd.in/gj7ceWj3 The #Eurosystem aims to support PSPs in offering the #VoP service to their customers to enhance payment security and limit instant payment-related fraud. Banfico is leading the efforts in Europe to help in pan-European VoP scheme interoperability. Contact us for a demo and details of the product at [email protected] #ConfirmationOfPayee #VerificationOfPayee #AuthorisedPushPayment #APPfraud #SocialEngineeredFraud #CoP #VoP #RVM #EPCvop #NPCcop #IBANnameCheck #IBANcheck

💥 Banfico supports the Verification of Payee (#VoP) compliance for the European Instant Payments regulation (#IPR) mandate. Our #RVM solution is #live in production & is the first of a kind to support VoP interoperability in the market. Banfico also provides a central directory where the discovery of the responding PSP is identified through the IBAN-> BIC code conversion. #RVM is the framework in line with the European Payments Council (EPC) #VoP scheme that will allow the PSPs to route the VoP requests to the responding PSPs who are members of other schemes. Contact us for a demo at [email protected] & find the details of our solution at https://lnkd.in/g_YSmq_E #ConfirmationOfPayee #VerificationOfPayee #AuthorisedPushPayment #APPfraud #SocialEngineeredFraud #CoP #VoP #RVM #EPCvop #NPCcop #IBANnameCheck #IBANcheck

📢 Today, French banks have selected STET / Société SEPAmail.eu #VoP for compliance towards Instant Payments regulation. Banfico is a certified reference solution provider for #SEPAmailDiamond. Contact us for the solution demo & presentation at [email protected] Also, the current model of decentralised setup is transitioning to a centralised hub model. It already supports interoperability with other schemes - becoming a one-stop solution for the French community. Thank you Jacques Vanhautere & team for providing clarity to the market. #ConfirmationOfPayee #VerificationOfPayee #CoP #VoP #InstantPaymentsRegulation #APPfraud #SocialEngineeredFraud #BankAccountVerification #EPCVoP #RVM #RoutingAndVerificationMechanism

✅ An amazing event at the #EBAday 2024. Verification of Payee (#VoP) and #APPfraud are key areas of attention. We had been busy sharing knowledge with delegates on "Solving VoP Challenges" regarding the implementation of the Pan-European solution. The message from the day was clear - #Collaboration is key to addressing Pan-European interoperable VoP solutions and to mitigate authorised push payment (#APP) fraud. Our highlights ▶ Great fun with delegates playing our "Name-Matching Game" between different schemes and discussing different matching rules :) ▶ Our whitepaper on "Solving VoP Challenges" was well received. Great educational material - we were told. ▶ We had many demo sessions with potential clients and partners on the day ▶ The first-day dinner was so special that Banfico hosted a VoP-focused community. Fascinating views and insights over some social drinks. Thank you delegates who spent valuable time with us. Thank you Euro Banking Association (EBA) for making this happen. Proud to be a corporate sponsor for this event. Feel free to reach out to us at [email protected] for a demo and whitepaper. And also to play our Name Matching game :) #VerificationOfPayee #ConfirmationOfPayee #APPFraud #IBANcheck #SocialEngineeringFraud #EPCVoP #NPCCoP 

We’re on the move again, this time with our partner Banfico! 📍 EBAday 2024 in Lisbon 💬 Orchestrating the dialogue on payments - The Collaborative Advantage Together with Banfico, we’re here to promote and discuss the topic of “Confirmation of Payee.” But that’s not all! As a pan-European industry meeting, we’ll also be diving into other critical topics, particularly our areas of expertise: Open Banking and Embedded Finance. Reach out to us for engaging discussions and innovative ideas! #EBAday2024 #Payments #OpenBanking #EmbeddedFinance #ConfirmationOfPayee #Networking #FinanceInnovation

We are here at #EBAday 2024! If you are here in Lisbon come chat to our team at Stand 24 about all things Verifcation of Payee. From how it works to interoperability and implementation we are here to answer all of your questions. Make sure to also test your knowledge on our Verification of Payee name matching game👾 #EBAday2024 #VerificationofPayee #Instantpaymentregulation #VOP #Interoperability #crossborderpayments #Fintech

Join us and other industry experts online for our Verification of Payee - Interoperability & Global Coverage Webinar! Banfico is excited to announce a special webinar focused on critical developments in the world of instant payments. Date: 13 June 2024  Time: 10 AM - 12 PM CEST 📍 Session 1: Interoperability of European VOP Schemes  Time: 10 AM - 11 AM CEST  With the onset of Instant Payments across Europe by October 2025, VOP will be mandatory for all Euro payments. Our experts will delve into the importance of interoperability between regional schemes, which can save resources and enhance protection against fraud. Panellists:  • Alessandro Impellizzeri, Head of Technical Pre-sales, CBI S.c.p.a. • Brian Cunnington, Director, ChilliMint (Europe) Limited • David-Jan Janse, CEO, SurePay  • Jacques Vanhautere, Directeur général, SEPAMAIL.EU  • Jose-Luis Langa, Deputy Managing Director, Iberpay  • Kannan Rasappan, CEO, Banfico 📍 Session 2: Global Verification of Payee  Time: 11 AM - 12 PM CEST  Addressing APP fraud on a global scale requires robust collaboration across borders. This session will explore the current status of global VOP checks and the need for a unified approach to mitigate cross-border payment fraud.   Panellists:  • Damien Dugauquier, CEO, iPiD  • Paul Atkinson, Head of Business Development EMEA, J.P. Morgan Liink  • Sebastian Ropero, Product Team Lead, Prometeo OpenBanking  • Kannan Rasappan, CEO, Banfico Gain insights from industry leaders on VOP schemes and global payment verification. Register now and join the conversation!    🔗 Register Here: https://lnkd.in/eV4sVErP #Webinar #Payments #Interoperability #VerificationOfPayee #VOP #FraudPrevention #CrossBorderPayments #Fintech #FinancialServices #InstantPayments