Belgian banks have recently chosen SurePay to provide Confirmation of Payee technology, following an open tender process in collaboration with the Federation of the Belgian Financial Sector. The selection of SurePay was based on its integration with Swift PreValidation for EU and global coverage, which played a crucial role.
SurePay has been at the forefront of Verification of Payee since 2016, conducting over 1.5 billion checks annually, both domestically and internationally. The company, which was spun off from Rabobank in 2022, currently offers Verification of Payee services to over 100 banks in the UK and the Netherlands. David-Jan Janse, CEO of SurePay, expressed his gratitude for being chosen by Belgian banks to provide Verification of Payee services. He emphasized that their multinational clients can now expand their capabilities while Belgian banks can access a network of 100 banks for additional services.
This collaboration between SurePay and Belgian banks highlights the importance of secure payment processes in the financial sector. By utilizing SurePay’s technology, Belgian banks can enhance their payment verification systems and strengthen their security measures to protect customers’ transactions. SurePay’s expertise and experience in this field make them a trusted partner for financial institutions looking to improve their payment verification services.
