The EU’s new VOP mandate proves that Verification of Payee is gaining traction as regulators push for stronger payment security. We explore how different countries are implementing this fraud-prevention tool.
Discover how Verification Of Payee (VOP) is transforming EU payments by reducing fraud and misdirected transactions. With the first VOP rulebook in place and an October 2025 compliance deadline, banks and PSPs must act now. Learn how VOP works, why it matters, and how Ozone API can support seamless implementation. Read our guide to stay ahead of regulatory requirements and enhance payment security.
The Consumer Financial Protection Bureau (CFPB) has officially designated Financial Data Exchange (FDX) as a Standards Setting Body as of January 8, 2025. This landmark decision, following the release of Section 1033 last year, sets the stage for a regulated open banking framework in the United States.
Open banking is revolutionising finance worldwide, unlocking opportunities for innovation, collaboration, and better consumer experiences. As we approach the end of 2024, we share what our vision is for open banking in 2025 and beyond.
At Ozone API, 2024 was a year of impactful initiatives, where we raised funds and supported communities close to our hearts. Join us as we reflect on the highlights and celebrate the moments that truly mattered.
We’re featuring Charlotte Livingston, our Global Head of People. Charlotte shares her experience and advice on embracing global diversity, how companies can thrive even when teams are spread across time zones, and how to retain top talent, plus lots more.
Simon Blundell transitioned from journalism to bid management, where he now leads bid services at Ozone API. He chats to us about collaboration, research, and how he sees AI as a future aid in simplifying the process.
We speak to our Partnership Success Manager, Carol Heath, about her role, exciting trends in open banking, the challenges partners face, and how Ozone API supports global growth, plus lots more.
We look at how open banking and financial awareness are interconnected, and how by leveraging these concepts, banks can build trust, drive financial inclusion, and secure a competitive advantage in the evolving financial landscape.
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