XBP Europe’s AI-enabled Verification of Payee (VOP) Solution Simplifies VOP Onboarding for Banks in Europe
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
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Source: Globenewswire
XBP Europe Registration: XBP Europe Holdings, Inc. has been registered with the European Payments Council as a vendor of Verification of Payee (VOP) services, enabling compliance for payment service providers in the Eurozone by the October 2025 deadline.
Innovative VOP Solution: The company's cloud-based VOP solution utilizes deterministic AI technologies to enhance accuracy in verifying payee accounts, aiming to reduce errors and fraud in real-time payments while supporting over 400 banks in account name verification.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
