Preparations for the October 2025 deadline

FinextraTV and Banfico CEO Kannan Rasappan examines all the currently moving pieces of the puzzle for payment service providers in the EEA, delving into the biggest challenges facing achieving compliance with the Inbound Instant Payments Regulation in October 2025 and the impact this will verify the recipient of the payment. VoP should also be recognized as a way to reduce fraud and financial crime, and the conversation revolves around how cross-border payments can open the door to potential fraud and how banks need to stop operating in silos to prevent them. Banfico is hosting an upcoming webinar to dive deeper into these topics with other key players in the VOP market.