Monday, June 30, 2025
25.3 C
London
HomeBankingModulr: Becomes first non-bank to launch Confirmation of Payee

Modulr: Becomes first non-bank to launch Confirmation of Payee

Date:

TAPi Buys Mastercard’s Arcus Assets to Propel Mexico Market Entry

Strategic Acquisition Aims to Enhance Digital Payment Solutions in...

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing LandscapeHighlights: The UK...
  • Modulr is the Payments as a Service API platform for digital businesses. It integrates into any product or system
  • Modulr is the first non-bank or building society to join the Confirmation of Payee service
  • Confirmation of Payee allows users to check if the payment details they’ve entered for a person or business match the details held by the recipient’s bank
  • Provides reassurance that payments sent to the right recipient and protects Modulr customers
  • The feature provides an extra layer of defence to protect Modulr’s customers from malicious redirect payment fraud
  • Modulr, an authorised electronic money institution, is the first non-bank or building society to join Confirmation of Payee

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories