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HomeFinTechRevolutionizing Banking Security with Verification of Payee

Revolutionizing Banking Security with Verification of Payee

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Tietoevry Banking’s New Mandate Set to Enhance Payment Safety and Trust

Highlights:

  • Tietoevry Banking receives a mandate to implement Verification of Payee.
  • The new system aims to reduce fraud in banking transactions.
  • Enhanced security measures bolster customer trust and payment safety.

Tietoevry Banking has achieved a significant milestone by receiving a mandate for the rollout of the Verification of Payee system. This innovative banking technology is designed to enhance payment safety and improve customer trust by effectively reducing the risk of financial fraud. By ensuring that payments are sent to the intended recipients, Tietoevry Banking is set to revolutionize the industry standard for secure electronic transactions.

FinTechAdmin
FinTechAdmin
FintechAdmin: Technology Savvy | Banking | FinTech | Payments

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