Know your payee
globally with iPiD

A single platform powering fraud prevention, compliance, and interoperability across global and local payment ecosystems.

iPiD 
solutions

iPiD solutions

Single global API for Know Your Payee validation

Core function

  • Request validation on global accounts

Supplementary features

  • Front-end portal
  • Performance tracking reports & dashboards

Technical & support

Integration type

Public API

One-stop shop for compliance in local validations schemes

Core function

  • Request validation on global accounts
  • Respond to validation requests with local schemes (e.g. CoP, VoP)

Supplementary features

  • Front-end portal
  • Performance tracking reports & dashboards
  • Bulk request functionality
  • Customisation on internal name matching algorithm
  • Data/results forensics
  • Threat detection & risk scoring

Technical & support

Integration type

Dedicated API, SFTP

Software

SaaS or deployed solution

Why
iPiD

Why iPiD

Integrate
seamlessly

A single solution for all your validation requirements.

Improve
customer's experience

Boost customer confidence with real-time validation and seamless transactions.

Reduce
fraud

Verify payee details before transactions are executed to reduce Authorised Push Payment (APP) fraud.

Lower
costs

Minimise misdirected payments and prevent costly reversals.

Ensure
compliance

Stay ahead of evolving mandates, including UK CoP, EU VoP, and other regional validation frameworks.

Key capabilities across
iPiD solutions

Key capabilities across iPiD solutions

Broadest coverage

  • Supports UK CoP, EU VoP
  • Unmatched global reach across-border & domestically

Enterprise-grade security

  • End-to-end data encryption to protect transactions
  • Minimal data storage – iPiD does not store sensitive information
  • ISO/IEC 27001 certified
  • Compliant with global data protection laws (e.g. GDPR, PSD2)

AI-powered matching with Microsoft AI

  • Reduces fake positives and improved validation accuracy
  • Real-time risk scoring & fraud prevention

Flexible deployment / integration

  • Cloud-hosted with Microsoft Azure or on-prem
  • Fast implementation - go live in weeks, not months

Compliance & liability protection

  • Mitigate liability risks with a reduction in exposure to financial losses from authorised by fraudulent payments
  • Audit-ready reporting for transparency and compliance obligations

FAQs

What solutions does iPiD offer?

iPiD provides global payee verification solutions that help financial institutions, PSPs, and corporations ensure seamless, secure, and compliant transactions. Our offerings include iPiD Validate, iPiD Node for Verification of Payee (VoP) and Confirmation of Payee (CoP).

How does iPiD improve payment security?

iPiD prevents fraud and misdirected payments by verifying payee details in real-time before a transaction is initiated. This minimises authorised push payment (APP) fraud and compliance risks.

Is iPiD’s solution compatible with existing payment infrastructures?

Yes. iPiD’s solutions integrate seamlessly with existing payment systems, APIs, and bank infrastructures without requiring major technical overhauls.

How does iPiD manage information security?

iPiD follows best-in-class security practices across all products, meeting stringent global data protection standards. No personally identifiable information (PII) is stored within our services, and all data is encrypted in transit and at rest.

Our APIs support secure features such as WAF, IP whitelisting, TLS 1.2, key rotation, payload encryption (OpenPGP or RSA 4096), and rate limiting. We also support mTLS and OAuth2 for strong authentication and secure access.

How does iPiD's proprietary name-matching solution work?

iPiD leverages a proprietary name-matching algorithm that blends traditional techniques (distance, similarity, and phonetic scoring) with modern AI. Developed in collaboration with Microsoft Open AI, the solution enhances accuracy using machine learning and contextual data—such as local naming conventions, nicknames, and gender differences—across multiple languages and cultures.

What is iPiD's relationship with Microsoft?

iPiD is an official Microsoft partner, working closely with their Azure team to co-develop solutions using Microsoft technologies. We are also listed on the Microsoft Azure Marketplace with our iPiD Node product.

What is iPiD's global account coverage?

iPiD Global Validate can return a Know Your Payee (KYP) response in over 25 countries, focusing on high-volume remittance corridors. Our network spans 6,500+ financial institutions and over 4.5 billion bank accounts—covering approximately 85% of the banked population worldwide.

How does iPiD ensure resilience and high availability of its services?

iPiD services are designed for scale and stability. We auto-scale based on transaction volumes, supporting up to 1,000 transactions per second per client. With automatic retries and backup systems in place, we ensure high reliability and reachability. iPiD also offers a 99.99% service availability SLA, delivering confidence with every transaction.

How fast does payee verification happen on the iPiD platform?

iPiD delivers near real-time payee verification across global markets. Our infrastructure is designed to meet and exceed industry SLA requirements, ensuring a seamless experience for both users and financial institutions.

What industries can benefit from iPiD’s solutions?

iPiD is ideal for banks, payment service providers (PSPs), fintechs, e-commerce businesses, and corporations that require secure and/or compliant payment verification.