Verification of Payee: Difference between revisions
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(Create page - source - EBA - https://www.abe-eba.eu/media/azure/production/4231/eba_20250526_pr_note-on-vop-requirements_v01.pdf#msdynttrid=0dR74hUbQrsZQzOCU7uKhtZZnxa-P3D3_qdJqLtHkws) |
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''EU financial regulation - Instant Payments Regulation (IPR).'' | ''EU financial regulation - Instant Payments Regulation (IPR).'' | ||
(VOP). | (VOP or VoP). | ||
Verification of Payee is a tool to help prevent APP fraud and accidentally misdirected payments, similar to Confirmation of Payee. | Verification of Payee is a tool to help prevent APP fraud and accidentally misdirected payments, similar to Confirmation of Payee. | ||
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*[https://www.abe-eba.eu/media/azure/production/4231/eba_20250526_pr_note-on-vop-requirements_v01.pdf#msdynttrid=2PfqvjDWegK0f0-qt3CRfOrAZljQnEwrRoj1_b5Ay8Y EBA addresses challenges of VOP requirements - May 2025] | *[https://www.abe-eba.eu/media/azure/production/4231/eba_20250526_pr_note-on-vop-requirements_v01.pdf#msdynttrid=2PfqvjDWegK0f0-qt3CRfOrAZljQnEwrRoj1_b5Ay8Y EBA addresses challenges of VOP requirements - May 2025] | ||
*[https://eba-cms-prod.azurewebsites.net/media/azure/production/4226/eba_20250523_vop_for_bulks_key_challenges_and_pain_points.pdf VOP for bulk payments - key challenges and pain points - Euro Banking Association - May 2025] | *[https://eba-cms-prod.azurewebsites.net/media/azure/production/4226/eba_20250523_vop_for_bulks_key_challenges_and_pain_points.pdf VOP for bulk payments - key challenges and pain points - Euro Banking Association - May 2025] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
Revision as of 17:30, 14 November 2025
EU financial regulation - Instant Payments Regulation (IPR).
(VOP or VoP).
Verification of Payee is a tool to help prevent APP fraud and accidentally misdirected payments, similar to Confirmation of Payee.
It is a requirement of the EU Instant Payments Regulation (IPR).
See also
- APP fraud
- Confirmation of Payee (CoP)
- Euro Banking Association (EBA)
- Faster Payments
- Financial Conduct Authority (FCA)
- Immediate payments and the impact on corporate treasurers
- Infrastructure
- Instant Payments Regulation (IPR)
- Payment service provider (PSP)
- Payment system
- Payment Systems Regulator (PSR)
- PSD2
- Regulation
- Request to Pay
- Secondary reference data (SRD)
