Finextra

Verification of Payee: lessons from the frontline For banks and PSPs preparing for Verification of Payee, early planning will be critical. As non-Eurozone markets move towards the July 2027 deadline, this Finextra article by Kannan Rasappan, CEO at @banfico, explores what can be learned from the Eurozone rollout, from testing and interoperability to customer experience, operational support and avoiding implementation risk. Read the article to understand what needs to be in place before VOP goes live. Read now: finextra.com/the-long-read/…

Klarna plugs merchant network into ChatGPT finextra.com/newsarticle/47…

Revenue and profits slip at Starling finextra.com/newsarticle/47…

AI set to automate up to 50% of tasks in most financial services roles finextra.com/newsarticle/47…

AllUnity preps Swedish krona-backed stablecoin finextra.com/newsarticle/47…

Fintech Yotta fined $1 million for Synapse deception finextra.com/newsarticle/47…

National Bank of Canada leads $25 million Series C extension in Sardine finextra.com/newsarticle/47…

Trump asks Fed to explore giving fintechs access to payment rails finextra.com/newsarticle/47…

Chase launches digital bank in Germany finextra.com/newsarticle/47…

Attend the next Webinar – Fact or Fiction: Exploring the Reality of AI in Payments Testing Watch this Finextra webinar, hosted with Unifits, to join our panel of industry experts as they discuss the key considerations of AI in payments testing, its opportunities and limitations, and how financial institutions can develop effective hybrid models. Topics Explored: ✅ What are the key considerations for AI in payments testing? Where does it excel, and where are its limitations? ✅ How can financial institutions use AI to create efficient, usable, and scalable testing setups without compromising the reliability and accountability required in regulated environments? ✅ How can financial institutions leverage AI to test in ISO 20022-based environments? What are the opportunities for AI testing as we move towards the next ISO 20022 milestones? ✅ What governance, controls, and auditability frameworks are required when integrating AI into payments testing within regulated financial environments? ✅ How can financial institutions balance AI-driven test generation and optimisation with the need for explainability, reproducibility, and regulatory transparency? 👥 Speakers: Phillip Stranger, AI Subject Matter Expert, Unifits; Carl Slabicki, Managing Director, Global Payments & Trade, @BNYglobal ; Michael Shklovskiy, ISO20022 and Payments Transformation Lead Quality Manager, @DeutscheBank; & @TeresaConnors11, Contributing Editor, @Finextra 📅 Thursday, 28th May 2026 at 15:00 BST | 16:00 CEST | 10:00 EDT (1 hour) ➡️ Register to join this webinar: bit.ly/4dKR3XZ

Euro stablecoin joint venture Qivalis adds 25 new banks finextra.com/newsarticle/47…

We are excited to join EBAday 2026 in Copenhagen on June 16 and 17! Book a meeting with our #payments experts here: okt.to/Fx3drN

Santander’s Getnet highlights ‘invisible’ payments as strategic growth driver finextra.com/newsarticle/47…

Mastercard fires shots at fake online storefronts finextra.com/newsarticle/47…

Primer raises $100 million to bring AI to every payment processed by merchants finextra.com/newsarticle/47…

Revolut rolls out crypto debit card finextra.com/newsarticle/47…

Deutsche Bank applies AI to third party vendor risks finextra.com/newsarticle/47…

TSB reports spike in impersonation scams finextra.com/newsarticle/47…

Lloyds and BankiFi partner on free Making Tax Digital tool for SMEs finextra.com/newsarticle/47…