We at TechnoXander, a leading UK-based fintech, are thrilled to announce its inclusion as an official supplier on the UK Government’s G-Cloud 14 framework. As the only Pay.UK-approved aggregator supplier in the marketplace, TechnoXander will deliver its advanced Confirmation of Payee (CoP) and Payer services to public sector institutions, enhancing security, transparency, and fraud prevention across financial transactions.
This achievement reinforces TechnoXander’s commitment to strengthening the UK’s payment ecosystem. Over 300 financial institutions benefit from CoP, safeguarding more than 99% of transactions across the Faster Payments and CHAPS systems, as reported by the Payment Systems Regulator (PSR).
Having met rigorous Crown Commercial Service (CCS) standards, the company is now positioned to empower public organisations with efficient and reliable tools for verifying payee or payer before payment transactions.
“Joining the G-Cloud 14 framework underscores our dedication to providing secure payment solutions for the public sector,” said Sonal Bomb, CEO and Co-founder of TechnoXander. “We’re proud to collaborate with CCS to deliver trust and resilience across the financial landscape.”
Public sector organizations can now leverage TechnoXander’s technology to meet compliance standards, minimize fraud risk, and ensure the integrity of payments through Faster Payments and CHAPS systems.
About TechnoXander
TechnoXander is a trusted fintech innovator specialising in secure digital payments, leveraging technologies like Open Banking, Open Finance, and Confirmation of Payee (CoP) to transform financial systems across the UK and Europe. Our expertise in secure and smart data sharing positions us uniquely to tackle the challenges faced by insitutions in the new digital era.
For more information, visit www.technoxander.com or the G-Cloud Digital Marketplace.
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