Banksoft provided own advanced Verification Of Payee solution for multiple banks containing online segments in digital banking payments and branch teller payments as well as online connection to the registry of payees.
This is important part of EU regulatory requirements for payments ecosystem especially with full mandatory support of SEPA Instant Payments that Banksoft provides for client banks.
https://www.europeanpaymentscouncil.eu/what-we-do/other-schemes/verification-payee
