Ensuring Compliance and Efficiency: IBAN-Name Checks for Batches
Ensuring compliance and efficiency: IBAN-Name Checks for Batches As the new EU Regulation on Instant Payments approaches its final publication in the Official Journal of the European Union, PSPs must prepare to meet one of the key requirements: verifying the IBAN and Name provided in a payment order by the Payer (Verification of Payee). This […]
Make vendor management easy: check suppliers with the SurePay IBAN-Name Check
Make vendor management easy: check suppliers with the SurePay IBAN-Name Check How can you be sure you are onboarding vendors with the correct company and payment details? Our IBAN-Name Check makes vendor management easy. Check the name and IBAN of suppliers, as well as the master data of an invoice such as VAT and Chamber […]
Beyond Rumour: Solving GDPR Challenges in IBAN Name Verification
Beyond Rumours: Solving GDPR Challenges in IBAN Name Verification The EU regulation on Instant Payments is bound to have a huge impact on all Payment Service Providers (PSPs) and Payment Service Users (PSUs). Whilst the final text for the EU Regulation on Instant Payments is available, rumours are spreading about the implications of the text […]
What is an IBAN in banking and what does it mean for treasurers?
What is an IBAN in banking and what does it mean for treasurers? As a treasurer, you can easily create a win-win situation for auditors and help them examine transactions faster with IBAN-Name Check. Apart from assisting auditors, this solution reduces the number of unintentional or misdirected payments, lowers operational expenses, and has a positive […]
How the IBAN-Name Check can support with Wwft compliance
How the IBAN-Name Check can support with Wwft compliance Banks and financial organisations are increasingly facing fines for failing to implement money laundering measures. Despite the fact that verifying customer transactions has been mandatory under the Money Laundering and Terrorist Financing (Prevention) Act (Wwft) since 2007. Last year Robeco made headlines when it was fined […]
SurePay presents Developer Portal with API documentation for implementation
SurePay presents Developer Portal with API documentation for implementation Our IBAN-Name Check makes it very easy to check payments. With the new Developer Portal, we make it easier for developers to integrate this solution. The Developer Portal is specifically designed to help developers integrate our IBAN-Name Check into their systems. The Portal is an automatically […]
IBAN-Name Check Adoption Gains Traction after Legislative Changes
IBAN-Name Check Adoption Gains Traction after Legislative Changes The European Commission has reached an agreement regarding Instant Payments in Europe. This makes payments to consumers and businesses more secure, faster and easier to process. To achieve this, making an IBAN-Name Check mandatory is an important part of the legislation. What is the IBAN-Name Check? IBAN-Name Checks […]
Win-win: simplify the fraud audit process and help your accountant
Win-win: simplify the fraud audit process and help your accountant As a Financial Controller, CFO, or Treasurer, you do not sit in the auditor’s chair. However, the question of whether these external auditors should be solely responsible for financial transactions remains. Especially now that it’s becoming easier to check transactions, you can easily create a […]
