Unlocking Financial Data: An Introduction to the FIDA Framework
Get all the details of FIDA (Financial Data) framework and understand its importance across the entire European Union in 2025.
10+ Key Learnings as a CFIT Coalition Partner – Fighting Economic Crime
Get all the learnings TechnoXander got after partnering with CFIT Coalition to fight economic frauds across entire European Union.
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.
10+ Steps to Managing ICT Risk in Financial Institutions
Get detailed guidelines on how every financial institution across entire European Union can manage ICT risk in 2025.
How we Meet the EPC Verification of Payee (VoP) Guidelines?
Check how we address and exceed all the Verification of Payee (VoP) guidelines given by the European Payments Council (EPC).
APP Scams Vs Civil Disputes: Navigating the Grey Area
The PSR's guidance report on distinguishing APP scams from civil disputes could help PSPs assess reimbursements claims for payments made via Faster Payments and CHAPS.
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.
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.
COP TF’s Role in the VOP Scheme Management
The Verification of Payee (VOP) Scheme plays a role, in ensuring that payments reach the intended recipients accurately thus minimizing the potential, for fraud and mistakes. Overseen by the European Payments Council (EPC) AISBL the VOP Scheme Management follows an approach to uphold its reliability and flexibility.
Unveiling Finance: Open Banking Use Cases
With open banking paving the way there is a future of a more efficient, consumer-friendly financial ecosystem.