Verification of Payee | EPC-Approved RVM

Verification of Payee (VoP) Provider

TechnoXander is an EPC-approved Verification of Payee (VoP) provider and Routing & Verification Mechanism (RVM), helping banks and PSPs across the Eurozone meet SEPA Instant Payments compliance and prevent APP fraud.

Professional Credentials & Affiliations

Uptime

99 %

API Response Time

< 200 ms

Customer Satisfaction

4.9 /5

Banks Supported

50 +

Countries with Payee Verification

Countries with IBAN Validation

OUR SOLUTIONS

Technology built around the realities of regulated financial services.

From Open Banking and Payee Verification to AI-powered AML investigation and internal audit, TechnoXander helps financial institutions simplify complex processes, strengthen control and operate more efficiently.

OPEN BANKING

One platform for your Open Banking infrastructure. Dedicated interface, contingency mechanism, aggregation and API testing in one place.

PAYEE VERIFICATION

Protect payments before they happen. Payee verification for banks, PSPs and EMIs across 47 countries, with IBAN validation in 87 countries and IBAN to BIC conversion.

AML INVESTIGATION PLATFORM

Give every AML alert the context it needs. Bring transactions, KYC/CDD, screening, previous investigations and regulatory intelligence into one investigation workflow.

AI-ASSISTED INTERNAL AUDIT

Spend less time on manual audit work. AI-assisted workflows designed to reduce audit effort, accelerate reviews and lower operational cost.

EPC Approved Verification of Payee Provider in Europe

TechnoXander is a Verification of Payee provider in Europe, supporting banks, PSPs, and EMIs in implementing payee verification as part of their payment control and compliance framework.

As a certified Verification of Payee vendor in Europe, we help financial institutions align with EPC expectations while embedding payee checks into SEPA and Instant Payment journeys.

Our Verification of Payee API enables organisations to operationalise these controls efficiently, ensuring consistency, accuracy, and readiness across high-volume payment environments.

Pay.UK Approved Confirmation of Payee Provider in UK

For UK financial institutions, Confirmation of Payee is no longer optional, it’s a scheme expectation. TechnoXander is a Confirmation of Payee provider supporting banks and PSPs in meeting Pay.UK requirements while strengthening payment controls across Faster Payments.

As a Pay.UK-approved Confirmation of Payee vendor, we focus on scheme alignment, operational resilience, and readiness at scale. Our capability is delivered via a secure Confirmation of Payee API, designed to integrate smoothly into existing payment architectures without disrupting customer journeys.

Global Open Banking Provider

Open Banking is transforming financial services, and organisations need a partner who can make it simple, secure, and scalable. TechnoXander is a global Open Banking provider, delivering compliant Open Banking APIs and a complete Open Banking solution for banks, PSPs, and fintechs across multiple regions.

Our platform enables institutions to integrate account information services, payment initiation, and consent management while maintaining regulatory compliance and operational resilience.

Designed for global scale, TechnoXander’s Open Banking solution helps financial organisations accelerate innovation without compromising security or customer trust.

Open Finance extends Open Banking principles to all financial data, from savings and investments to insurance and pensions. TechnoXander positions your institution for the incoming FIDA regulation, building on our PSD2 Open Banking expertise to prepare for the broader data-sharing economy.

WHY CHOOSE TECHNOXANDER

Why financial institutions choose TechnoXander.

We combine regulatory understanding, secure technology and practical delivery experience to build solutions that work in the real world.

01 Regulatory Expertise Built around the rules that matter.

We understand the regulatory frameworks, standards and operational requirements that shape financial services technology.

02 Business-Critical Operations Engineered for reliability when it matters.

High availability, performance, resilience and clear service commitments are built into how we deliver.

03 Security & Governance Security and governance built in.

Security, access controls, auditability and governance are embedded across our technology and operating model.

04 Built to Integrate Designed for your existing ecosystem.

Designed to work with the systems, APIs and workflows financial institutions already use.

05 Flexible Deployment Designed around your requirements.

Solutions can be deployed around your technical, operational and regulatory requirements.

06 People Who Understand Your Business Financial services expertise behind the technology.

Specialist support from people who understand financial services, technology and regulation.

Client Success Stories

Real Voices, Remarkable Change

TechnoXander delivered us Confirmation of Payee in UK rollout, so extending partnership for VoP across Europe was a natural step. With reliable infrastructure and a highly responsive team, the platform allowed us to move quickly with minimal lift. Name-matching and SEPA data helped us design clearer, intuitive journeys while staying fully aligned with EPC expectations.

Maya Hodroj Head of Product (Currencies Direct)

We found Technoxander to be knowledgeable and professional in their approach. We were unable to find other solutions that could meet our requirements and in this respect they were relatively unique in the market place. They provided a timely solution which enabled us to meet specific regulatory requirements and the implementation project was well-managed.

Matthew Plant Head of IT & Operations (The Access Bank UK Limited)

My experience with TechnoXander was marked by their impressive knowledge and professionalism. They delivered promptly, allowing First Commercial Bank to fulfil crucial regulatory obligations, and the implementation project was executed with precision.

David C.C.Tschang VP & General Manager (First Commercial Bank)

Our Latest Blogs

We are all about latest ideas which have an impact on payments ecosystem and we are fun to work with!
Reach out to us for a friendly chat to see how we can help your organisation make the most of Open Banking or CoP.

We are all about latest ideas which have an impact on payments ecosystem and we are fun to work with! Reach out to us for a friendly chat to see how we can help your organisation make the most of Open Banking or CoP.