Verification of Payee: enhanced trust and security The Verification of Payee (VoP) obligation was introduced in the Instant Payments Regulation and will be applicable as from 9 October 2025. This requirement imposed on payment service providers is all... 9 Dec 2024
How Support PFSs can support financial institutions in their compliance journey On November 18 th , 2024, Finance & Technology Luxembourg (FTL) hosted its Annual Conference under the theme Support PFSs in the Context of DORA: Opportunities and Challenges. The event brought more t... 26 Nov 2024
How FIDA opens unprecedented opportunities: 5 innovative and concrete use cases The FIDA draft proposal, published almost 18 months ago, came as a bombshell in the financial services industry. Even if all players knew what to expect, the scope of the Financial Data Access framewo... 25 Nov 2024
VoP: Key insights from recent EPC documents & guidelines In the last weeks, the European Payments Council (EPC) released several key documents and guidelines with regards to the implementation of the Verification of Payee (VoP) service. Find below a recap o... 18 Nov 2024
VoP user group: looking back at the first workshop At LUXHUB, weve launched a Verification of Payee solution, called Payee Verification Platform , which is destined to Payment Service Providers all over the EU, in the context of the Instant Payments R... 29 Oct 2024
Fintech Recruits: meet the LUXHUB team The 3 rd edition of Fintech Recruits, organized by The LHoFT, will take place on November 22 nd , at the Digital Learning Hub, in Esch-sur-Alzette. This year again, LUXHUB is taking part in the Fintec... 28 Oct 2024
Global Payments Report: Simpler interfaces in a more complex reality McKinsey recently released its annual Global Payments Report , which examines the evolving global payments ecosystem and current trends. It notably highlights that global payments are becoming simpler... 23 Oct 2024
Embedded Finance: insights from the Paypers' latest report The Paypers, a leading media focusing on financial innovation and trends, just released the 2024 edition of its Embedded Finance and Banking-as-a-Service Report . The document notably dives into busin... 12 Sept 2024
Tackling the VoP challenge(s): 3 questions to Ramzi Dziri The Verification of Payee introduced in the Instant Payments Regulation (IPR) earlier this year deadline is slowly but surely approaching. Payment Service Providers (PSPs) will have to comply by Octob... 19 Aug 2024
EU commission clarifies verification of payee requirements The instant payments regulation includes several elements, including reception and initiation of instant credit transfers, verification of payee as well as the modification of sanctions screening obli... 16 Aug 2024
LUXHUB x Axway: Open Banking, APIs & upcoming challenges On June 11th, our Lead Architect and Head of Product Factory, Raoul Neu , participated in the third edition of France API. He was on stage with Axway's Emmanuel Methivier : both experts focused onhow ... 22 Jul 2024
Beyond Open Banking and Data Privacy: watch out for FiDA On July 3 rd , 2024, our Chief Commercial Officer, Anne-Sophie Morvan, participated in a webinar organized by ERI and IBS intelligence, entitled FIDA Unleashed - Beyond Open Banking and Data Privacy. ... 16 Jul 2024