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

How can I become a "Know Your Payee" responder?

Our comprehensive solutions are designed to meet the diverse needs of banks and payment providers globally.

What is "Know Your Payee"?

Our comprehensive solutions are designed to meet the diverse needs of banks and payment providers globally.

Where can I use "Know Your Payee"?

Our single API manages the entire Know Your Payee (KYP) process, ensuring a standardised validation outcome. This approach is particularly beneficial for global banks and payment providers, offering a payment rail agnostic and decentralised model that prioritises simplicity and security. Plus, our no data-storage policy ensures your data remains secure and compliant with industry standards.

Why is "Know Your Payee" important to me?

Our single API manages the entire Know Your Payee (KYP) process, ensuring a standardised validation outcome. This approach is particularly beneficial for global banks and payment providers, offering a payment rail agnostic and decentralised model that prioritises simplicity and security. Plus, our no data-storage policy ensures your data remains secure and compliant with industry standards.