The following material will have a look into upcoming changes to TLS certificates that have been recently announced (and will be due soon), as well as what their impact will be for the Open Banking / Open Finance ecosystem and the Verification Of Payee (VOP).

La France franchit une étape importante dans la lutte contre la fraude bancaire avec le lancement du FNC-RF (Fichier National des Comptes signalés pour Risque de Fraude), un dispositif national de partage des IBAN frauduleux opéré par la Banque de France. Échéance clé : 11

EPC VOP VOPCasts is an initiative where we create podcasts on VOP (VOPCasts) introducing key topics of interest and covering Banfico & external experts’ POV and expertise on those topics that are relevant to all scheme participants. VOP for PISPs Ralf Ohlhausen & Vasile Valcov

The EPC API Security Framework mandates PSD2 QWAC certificates for client identification in the Verification of Payee (VOP) scheme. While straightforward in principle, implementation has revealed significant operational challenges. This newsletter outlines key challenges and shares lessons learned to help financial institutions prepare for successful

Banfico Knowledge Series on EPC Verification of Payee is an initiative where we share market updates and insights into specific areas related to EPC Verification of Payee (VOP) that are relevant to all market participants including banks, PSPs, RVMs and corporates. 1. Channel Integration -

The European Payments Council’s (EPC) Verification of Payees (VOP) scheme has introduced new expectations around how Payment Service Providers (PSPs) validate account names before processing payments. While the EPC VOP offers guidelines rather than strict rules, responsibility for the accuracy of matching outcomes rests with

As one of the earliest qualified RVMs for the EPC VOP scheme, Banfico is excited to announce that our VOP solution is fully ready for end-to-end testing. We are already collaborating with other RVMs, and now, we’re extending the invitation to direct EPC VOP participants

Banfico is proud to announce the launch of VOP Service+, our innovative solution designed to optimise service management and enhance conformance validation of your VOP implementations. With 3,500+ PSPs required to go-live by October 2025 under the European Payments Council (EPC) VOP scheme, the payments

ON 24-Mar-2025, the European Payments Council published the verification of payee scheme adherence process that provides detailed guidelines for participants to join the VOP scheme. The EPC expects a high number of expected adherence requests, and hence, the EPC cannot guarantee to complete the adherence

Banks and Payment Service Providers (PSPs) across 20 Eurozone countries are scheduled to implement the Verification of Payee service for their customers in October 2025. Since this service will directly impact all account holders, an effective change management process is essential. This process must include