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Large UK banks to implement Confirmation of Payee by March 2020

News | Digital Identity, Security & Online Fraud | 02 Aug 2019

The UK Payment Systems Regulator (PSR) has demanded the six largest banking groups to implement Confirmation of Payee (CoP) by 31 March 2020.

Lloyds, RBS NatWest, Barclays, HSBC, Nationwide, Santander, app, Payment Systems Regulator, bank transfers, UK, Confirmation of Payee