Verification of Payee
Implement VOP compliance with AI-powered name matching and confirmation workflows. Reduce fraud, meet regulatory deadlines.
Structured, time-bound engagements with clear deliverables
Engagement Phases
1
Regulatory Gap Analysis
2 weeksReview current payment-initiation flows against VOP mandates and identify compliance gaps.
2
Solution Architecture
2-3 weeksDesign the name-matching engine, confirmation workflow, and exception-handling processes.
3
Build & Integration
5-7 weeksImplement AI-powered fuzzy matching, integrate with core banking and payment rails, and configure alert thresholds.
4
Certification & Go-Live
2-3 weeksEnd-to-end testing with cmULATOR, scheme certification, and production deployment.
Expected Outcomes
- VOP compliance gap assessment report
- AI-powered name matching engine with configurable thresholds
- Confirmation-of-payee workflow integrated with payment rails
- Exception handling and manual review process design
- Scheme certification and test evidence pack
- Fraud reduction metrics dashboard
Executive Engagement
Request an Executive Briefing
Discuss how our Verification of Payee advisory engagement can accelerate your outcomes. Tailored to your organisation's context.