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The Future of CoP (Confirmation of Payee) Schemes in Europe


Get all the insights you need for a thorough understanding of your beneficiaries’ control patterns:


  • Learn more about CoP schemes and their new name, VoP (Verification of Payee)


  • Are these CoP frameworks sufficient to address the risk of fraud?


  • What does the future hold for CoP schemes in light of new European regulations (such as instant transfers)?


The Exclusive Excerpt

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Today, many European countries have their own Confirmation of Payee (CoP) verification systems. With the emergence of new European regulations (such as instant payments), the landscape of banking transactions in Europe is set to change drastically, raising questions about the future of current CoP schemes.

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