Verification of Payee: Getting ready for the last milestone
07 / 07 / 2025
In this webinar Worldline's experts Matthieu Mulot, Global Product Manager, and Roderick Kroon, Global Solution Owner discuss the current landscape of Verification of Payee, what are the key challenges for implementing VoP and strategies for successful implementation.
In this insightful session, co-hosted with The Paypers and Projective Group, our experts discussed on the final regulatory milestone for Verification of Payee. As financial institutions navigate compliance, significant challenges arise including high transaction volumes and, ensuring accurate name-matching from the outset. Our experts shared key insights, challenges, main milestones and compliance strategies such as selecting the right RVM partner and adapting payment systems can streamline the process for PSPs. More in concrete they talked about the current landscape and the key regulatory milestones on the horizon. They also identified challenges and explained the major hurdles, from dealing with increased transaction volumes to implementing effective name-matching solutions. Finally, they pointed out some strategies for PSPs, exploring actionable strategies to ensure compliance, minimize risks, and meet critical deadlines seamlessly.
