Instant payment: Enhancing security with Verification of Payee and efficient real-time fraud control

Agenda

• The regulatory landscape for the verification of payee mandates to enhance instant payment security within regions (UK, SEPA EU, …) as well as cross-border.
• The impact of verification of payee essentially for smaller financial institutions and the most effective changes to the payment flow without compromising customer experience. 
• The challenges for the investigation fraud experts to correlate and analyse data points across internal data silos as well as external data sources in a very short timeframe.  
• Holistic approaches to support payment fraud investigation in real-time with the innovative and advanced AI/ML technologies.   
• Implementation of a comprehensive fraud risk mitigation strategy, whether on-premises or in the cloud, for faster compliance and speed to market  
• The future of instant payments and fraud, enabling industry players to stay ahead of competition while collaborating to combat fraud.