Railsr: Selects SurePay as its Confirmation of Payee vendor as fraud rises in the UK
- Railsr, the leading global embedded finance experience platform, has selected SurePay as its UKFP Confirmation of Payee
- To help its customers combat fraud and misdirected payments in the UK
- With SurePay can now take the next step in putting customer payment safety first when it comes to payments
- It has become increasingly clear that fraudsters are now targeting non-Confirmation of Payee banks and financial services firms
- Collaborated with SurePay and customer ANNA Money to get its new Confirmation of Payee service implemented
- Ensuring that a payee’s name matches the name on the intended recipient’s bank account