Digital payments are fast, easy, and convenient—but they’re not foolproof. Every year, thousands of people across Europe lose money to fraud or simple banking errors, often because of one tiny detail: the wrong name on a bank account. To solve this, the European Union is rolling out a powerful new regulation: Verification of Payee (VoP).… Continue reading Verification of Payee: The EU’s New Rule That Will Make Payments Safer by 2025
