TechnoXander Joins UK Government’s G-Cloud 14 Framework for CoP
TechnoXander joins G-Cloud 14 framework by the UK government to provide cutting-edge Confirmation of Payee services across the country.
TechnoXander expands in Europe with EPC VoP-compliant RVM
TechnoXander, an approved Pay.UK scheme aggregator with extensive experience in delivering Confirmation of Payee (CoP) solutions to UK financial institutions, has registered with the European Payment Council (EPC) as a Routing & Verification Mechanism (RVM). This underscores TechnoXander’s commitment to advancing compliance and fraud prevention in instant payments with VoP-compliant RVM. As the only Pay.UK […]
10+ Benefits of CoP Implementation in 2024!
Confirmation of Payee’s name verification process reduces the risk of APP fraud. It also can enhance the detection of fraudulent activities by cross-checking account information. Its successful use cases have also proven it to be very effective in combating certain types of APP fraud, such as Invoice Fraud.
Episode 8: Going Beyond Open Banking
Podcast with Nilixa Devlukia - presented by TechnoXander.
New Labour Govt May Pause APP Reimbursement Policy!
The UK’s Payment Systems Regulators (PSR) are stepping to the plate to protect citizens and businesses, having introduced the new rules that will require banks and payment service providers (PSPs) to reimburse victims of Authorised Push Payment (APP) fraud up to £415,000, starting on October 7, 2024, incentivising industry investment in fraud prevention and improving customer protection.
Unveiling Finance: Open Banking Use Cases
With open banking paving the way there is a future of a more efficient, consumer-friendly financial ecosystem.
Episode 7: Ruwani Hewa Talks Open Banking
Podcast with Ruwani Hewa - presented by TechnoXander.
Verification of Payee (VOP) Guidelines
The VoP Scheme establishes a set of rules, practices and standards for verification of payee name.
Episode 6: Open Finance & Transforming Banking
Podcast with Marie Walker - presented by TechnoXander.
Unveiling Finance Podcast Episode 5: Future of Open Finance, from PSD2 to PSD3
Podcast with Martin Koderisch - presented by TechnoXander.