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Confirmation of Payee & Account Verification: Addressing the rising complexity of fraud

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class="col-12 col-md-9 main-column"> <!-- Article Content --> <div class="row"> <div class="col-12"> <div class="article-content"> <p id="ctl00_ctl00_body_main_ArticleForm_pCategory" class="h3 tv-video-categoryTitle">View From</p> <!-- H1 heading --> <h1>Confirmation of Payee & Account Verification: Addressing the rising complexity of fraud</h1> <!-- Timestamp / Comments shoutout--> <div class="tv-video-info card-lighter"> <p class="card-baseline"> <span class="card-button card-like-button"> <a id="aLikeButton" class="button button-small button-icon-left button-dark button-center button-transparent button-like" href="javascript:WebForm_DoPostBackWithOptions(new WebForm_PostBackOptions(&quot;ctl00$ctl00$body$main$ArticleForm$LikeButton$aLikeButton&quot;, &quot;&quot;, false, &quot;&quot;, &quot;/community/login.aspx?returnurl=%252fvideoarticle%252f3085%252fconfirmation-of-payee--account-verification-addressing-the-rising-complexity-of-fraud&quot;, false, true))"> <span 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<iframe width="560" height="315" frameborder="0" allowfullscreen src="https://www.youtube.com/embed/VBP5hQdN3Pg?rel=0&modestbranding=1&autoplay=1" allow="autoplay; encrypted-media"></iframe> </div> </div> <div class="row"> <div class="col-12 col-xl-4"> <!-- Content Box [mobile] --> <div class="button button-secondary content-box button-dark" ><h4>Sponsored</h4><p>This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.</p></div> </div> <div class="col-12 col-xl-8"> <div class="tv-video-intro alt-body-copy"><p>At NextGen Nordics 2024, FinextraTV and Kannan Rassapan, CEO of Banfico, dive into the evolving landscape of account verification services and Confirmation of Payee (CoP) implementation in the Nordics. Learn how these initiatives combat rising fraud and explore how current efforts in Europe and around the world can help to tackle fraudulent activities. Uncover the challenges associated with implementing a pan-European solution to meet regulatory requirements and ensure secure transactions across borders.</p></div> <!-- Additional Info --> <div id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_dContainer" class="additional-info additional-info-dark"> <div class="row"> <div id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_dCo" class="col-12 col-lg-4 additional-info-column"> <h3 id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_headerCompanies" class="h6">Related Company</h3> <div class="info-icon company"> <a id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_rCompanies_ctl00_hCompany" aria-label="Link to company: Banfico" href="/company-news/8117/banfico">Banfico</a> </div> </div> <div id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_dCh" class="col-12 col-lg-4 additional-info-column"> <h3 id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_headerChannels" class="h6">Channels</h3> <div class="info-icon channel"> <a id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_rChannels_ctl00_hChannel" aria-label="Link to channel: /Financial Crime" href="../../channel/crime">/financial crime</a> <a id="ctl00_ctl00_body_main_ArticleForm_companyChannelKeyword_rChannels_ctl01_hChannel" aria-label="Link to channel: /Regulation &amp;amp; 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