
PwC Strategy& study: IBAN-name checks can increase confidence in instant payments, but are not a universal solution7.6.2023 09:17:49 CEST | news aktuell GmbH | Press Release
Instant payments are becoming more popular in Europe, but at the same time attract fraudsters In future, according to draft EU legislation, banks should therefore check before every payment whether the IBAN and account-holder name match Banks and payment service providers take a nuanced view of the proposal