Citi has announced a strategic collaboration with iPiD to enhance and expand Citi Verify, our comprehensive solution for payment validation.
This collaboration aims to strengthen payment security, address escalating fraud and drive an efficient experience for our global clients. Powered by iPiD's Know Your Payee (KYP) solutions, Citi Verify will offer:
- Globally Consistent Experience: A single, modern, API-driven service across key markets.
- Enhanced Reliability & Speed: Faster, more reliable verification to reduce payment friction.
- Reduced Global Payment Risk: Proactive fraud prevention and accurate payee validation.
This collaboration reinforces a shared commitment to safer, more transparent global payments.
