Arthur Legourd9 October 2026 marks the first anniversary of the Verification of Payee scheme, or “VOP”, introduced by the European Payments Council (EPC) across the euro area. One year on, the initial indicators point to success at...
Updated on 10/12/2026Arthur LegourdPayment fraud often crosses institutional borders. A suspicious account identified by one payment service provider may still appear unremarkable to another. FRIDA — the Fraud Information Distribution Arrangement — is the European Payments Council’s proposed scheme for...
Updated on 9/14/2026Arthur LegourdThis week, the standoff between Washington and Brasília pushed payments beyond the fintech pages. Pix, Brazil’s instant payment system, is now part of a trade dispute that has led the United States to impose new tariffs on Brazil. ...
Updated on 7/22/2026Arthur LegourdFRIDA, which stands for Fraud Information Distribution Arrangement , is the project led by the European Payments Council (EPC) to organise the sharing of fraud-related information between Payment Service Providers (PSPs) in Europe. The objective is straightforward:...
Updated on 6/5/2026Arthur LegourdAs the rollout of the National File of Accounts Reported for Fraud Risk (FNC-RF) approaches, the decree of April 24, 2026 clarifies the technical framework of the system for Payment Service Providers (PSPs). This text, which follows the...
Updated on 4/29/2026Arthur LegourdOn May 6, 2026, the FNC-RF scheme (National File of Accounts Reported for Fraud Risk) will officially go live in production. All PSP (Payment Service Providers) operating in France are required to participate. Following the so-called “Labaronne” law,...
Updated on 2/13/2026Arthur LegourdWith the entry into force of the FNC-RF in May 2026, the fight against payment fraud is entering a new phase. For the first time, Payment Service Providers (PSPs) based in France will have access to a...
Updated on 1/19/2026Arthur LegourdThe Banque de France is launching the National File of Accounts Reported for Fraud Risk ( FNC-RF ), a centralized database listing bank accounts (IBANs) suspected of being used for fraudulent purposes. This anti-fraud data sharing initiative, operated by...
Updated on 11/19/2025Arthur LegourdThursday, October 9, 2025, marks a major milestone for the European payments industry: the official go-live of the Verification of Payee (VoP) framework. Adopted under EU Regulation 2024/886 and led by the European Payments Council (EPC), this initiative...
Updated on 10/8/2025Arthur LegourdWith new requirements coming into effect, Verification of Payee (VoP) has become a top priority for European PSPs. Because available information is often fragmented and sometimes ambiguous, we’ve created a neutral space to help Tech & Product teams...
Updated on 9/17/2025Arthur LegourdIn June 2025, Qombo obtained the official certification of its solution as a Routing & Verification Mechanism (RVM) from the European Payments Council (EPC). This recognition makes Qombo one of the first five certified RVMs in Europe,...
Updated on 7/18/2025Arthur LegourdThe proposed legislation to strengthen the fight against banking fraud — known as the Labaronne Law — was passed by the French National Assembly on March 31, 2025 and is now under Senate review. It introduces a...
Updated on 7/16/2025Arthur LegourdSince the adoption of the Digital Operational Resilience Act (DORA), regulated financial entities across Europe are facing heightened expectations regarding operational resilience and cybersecurity. This regulation aims to ensure the continuity of essential financial services in the event of...
Updated on 7/9/2025Arthur LegourdWith the implementation of the Verification of Payee (VoP) standard in October 2025, European banks are now required to systematically verify the consistency between a beneficiary's name and their IBAN before executing a payment. This requirement applies equally to...
Updated on 4/22/2025Arthur LegourdThe European Payments Council and Swift (the company responsible for implementing the EPC Directory Service) have recently released a specifications document detailing the operation of the EDS within the VOP Scheme. This document is aimed directly at VOP Scheme...
Updated on 3/2/2025Arthur LegourdThe upcoming entry into force of the Instant Payments Regulation (IPR) requires all regulated payment service providers, e-money institutions, and credit institutions to implement a Verification of Payee (VoP) service—also known as IBAN Name Check ....
Updated on 2/3/2025Arthur LegourdWith the implementation of the Instant Payments Regulation (IPR), many banks and fintechs across Europe are preparing to deploy a Verification of Payee (VoP) solution. While verifying individuals is relatively standardized, verifying businesses presents unique challenges. We have analyzed...
Updated on 1/21/2025Arthur LegourdFor payment service providers (PSPs), implementing a VoP system in 2025 requires a critical decision: should they opt for a Routing and Verification Mechanism solution (RVM) or invest in building their own in-house system? ...
Updated on 1/17/2025Arthur LegourdWith the 2025 deadline for Verification Of Payee (VOP) compliance fast approaching, European banks must act now to ensure they’re prepared for this crucial regulatory shift. VoP is becoming a mandatory requirement for all EU...
Updated on 1/13/2025Arthur LegourdQombo is proud to introduce its Verification of Payee (VoP) solution, designed to boost payment security and ensure compliance with the Instant Payments Regulation (IPR). This innovative service provides Payment Service Providers (PSPs) with pan-European coverage,...
Updated on 1/9/2025