Banks and Financial Institutions in the Eurozone Countries
We’ll Get You Verification of Payee (VoP) Compliant In 10 Days To Avoid Costly Penalties
We help banks and financial institutions achieve full VoP compliance—preventing fraud, reducing errors, and cutting operational costs.
Full SEPA, EPC & IPR compliance
Plugs into any existing bank system
24/7 support
Get started in 10 days
Time is running out—ensure compliance before October 9 to avoid risk and costly penalties.
Payment service providers (PSPs) operating in eurozone countries must comply with Verification of Payee (VOP) regulations by October 9, 2025.
Trusted by Banks and Financial Institutes across Europe
Join the growing list of financial institutions that trust us for their Verification of Payee needs
Why Financial Institutions Choose Us Over Other VoP Providers
Verification of Payee reduces the risk of fraud in the payments ecosystem. Misdirected payments no longer need to be fixed, and payers are confident that funds go to the right payee. Banks can reduce risk, comply with regulations and cut costs while boosting the customer experience.
30+ Years of Expertise
Name matching you can trust
Secure API Portal
Seamless integration with existing system within 10 days
24/7 Support
Dedicated assistance whenever you need it
Fully Supported
Joint accounts, nicknames, and corporate names with comprehensive audit reporting
Frictionless Payments
Low response times (~100ms) for payees
See how our services helped a UK bank
XBP Europe has extensive experience in offering name-matching solutions to European financial institutions and delivering crucial components for critical payments infrastructure. Leveraging its expertise from serving over 400 financial institutions across Europe, XBP Europe launched a top-notch CoP service with great success.
Ensure Secure Payments with Our AI-Powered Verification of Payee Solution
Talk to our experts today and discover how Verification of Payee can help you prevent fraud, reduce errors, and comply with regulations effortlessly.
Registered VOP Provider with the European Payments Council
XBP Europe is officially registered with the European Payments Council as a vendor for Verification of Payee (VOP) services. This highlights our readiness to help organisations across the Eurozone to achieve compliance with the new instant payment regulations.
XBP Europe’s solution nominated for Pay360 Awards
Opt for XBP Europe’s CoP to experience frictionless, accurate payments for both payers and payees, guaranteeing a secure and efficient payment process.
Faqs
What is Verification of Payee (VoP) and how does XBP Europe support it?
Verification of Payee (VoP) is an account name checking service (IBAN check) used by banks and payment providers to verify the recipient’s name before a payment is processed. This prevents fraud, and delays caused by payment errors. XBP Europe’s VoP solution is a cloud-native, AI-driven platform that supports both payer and payee functions. It offers high availability, real-time performance, and regulatory compliance across European markets.
Which payment types are protected by XBP Europe’s Verification of Payee solution?
XBP Europe’s VoP platform supports name verification for:
- SEPA payments – Single Euro Payments Area enables cashless euro payments to anywhere in the Eurozone
- Faster Payments (FPS) – which facilitates real-time payments primarily via online or mobile channels
- Request to Pay (RtP) – a real-time, secure payments channel where billers can issue payment requests, and communicate with payers
- Les systèmes traditionnels fonctionnent souvent en silos. L’IDP s’intègre aux ERP, aux CRM et aux plateformes cloud pour un flux de données optimal.
- Image Clearing System (ICS) transactions – enables images of cheques to be exchanged between banks so cheques can clear more quickly
It’s built to secure all major electronic payment types, helping financial institutions comply with anti-fraud regulations and improve payment accuracy.
How does XBP Europe’s VoP ensure compliance with SEPA and IPR regulations?
Our VoP platform ensures full SEPA and IPR compliance by incorporating robust audit logs, configurable matching logic, and real-time alerts. With over 30 years of experience in European banking systems, XBP Europe helps financial institutions meet regulatory requirements while reducing liability and operational risk.
