Strong uptake of EBA CLEARING’s FPAD VOP solution By Bettina Hessler | May 22, 2025 | 0 Over 55 RT1 and STEP2 Participants across 14 countries to adopt FPAD VOP FPAD VOP timely enhanced with various extra options to ensure full reach EBA CLEARING announced today that over 55 RT1 and STEP2 Participants across 14 countries are preparing to adopt its Fraud Pattern and Anomaly Detection (FPAD) Verification of Payee (VOP) solution… Read More
Upping your game for IPR readiness By Bettina Hessler | May 20, 2025 | 0 Running successful payments operations demands many of the same qualities needed to excel in sport: performance, endurance, reliability, routines and constant training. And just like in team sports, success in payments requires both the ability to fiercely compete and to closely collaborate. Sometimes, however, in an effort to raise standards, an authority or governing body… Read More
The real-world impact of Verification of Payee By Bettina Hessler | May 13, 2025 | 0 From 9 October, PSPs in the eurozone will be mandated to implement Verification of Payee (VOP) for all Single Euro Payments Area (SEPA) Credit Transfers and Instant Payments. While this represents a potentially significant leap in combating authorised push payment (APP) fraud, PSPs also face considerable pressure to meet a long list of obligations. Indeed,… Read More
RT1 registers volume boost – and is ready for more By Bettina Hessler | March 21, 2025 | 0 For the first time in service history, the short month of February saw higher volumes than January. And not only that: February 2025 set new all-time records for both the average daily transactions processed and their value. At the same time, RT1 performance levels and rejection rates stayed the same despite the rising volumes. Going… Read More