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Verification Of Payee in the EU: A Guide for Banks & PSPs

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.

Shannon Dudley
20, Feb 2025

Technical Guide to CFPB Section 1033

This guide provides insight and direction to technology teams at banks, financial institutions and other financial data-holders in the US ecosystem who are preparing to comply with Section 1033.

Eyal Sivan
07, Jan 2025

The Essential Guide to OBL Version 4.0

The UK open banking standard version 4.0 has been released. Here's your guide to what the changes include, deadlines, impacts and support.

Ozone API
11, Jul 2024

Introduction to Open Banking: Everything you need to know

Open banking facilitates the secure sharing of financial data. Read our comprehensive guide to learn everything Open Banking.

Ozone API
04, Apr 2024

Verification Of Payee: A Global Overview

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.

Shannon Dudley
27, Feb 2025

Explore fresh Ozone API content

Insights

The Open Finance Opportunity for LATAM Banks: Is Your API Gateway Ready for the Shift?

Latin America’s banking sector is embracing open finance, but a standard API gateway isn’t enough. This article explores the key upgrades banks need for compliance, security, and interoperability.

Ozone API
13, Mar 2025
Insights

Verification Of Payee: A Global Overview

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.

Shannon Dudley
27, Feb 2025
Insights

Verification Of Payee in the EU: A Guide for Banks & PSPs

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.

Shannon Dudley
20, Feb 2025
News

Major Milestone for Open Banking in the United States

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.

Shannon Dudley
10, Jan 2025
Resources

Technical Guide to CFPB Section 1033

This guide provides insight and direction to technology teams at banks, financial institutions and other financial data-holders in the US ecosystem who are preparing to comply with Section 1033.

Eyal Sivan
07, Jan 2025
Resources Insights

Selecting an Open Banking Platform: A Guide for Banks and Financial Institutions

Are you a bank or financial institution looking to select an open banking platform for compliance and commercial purposes? Here are a few considerations to guide you through the process.

Nihal Abughattas
06, Jan 2025
Insights

The Open Banking Vision: Unlocking Opportunities for 2025 and Beyond

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.

Shannon Dudley
23, Dec 2024
Company Culture

Local Communities and Financial Inclusion at the Heart of Ozone API’s ESG Commitment

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.

Shannon Dudley
10, Dec 2024
Letter to CFPB from Ozone API
Insights

Unlocking Open Banking in the United States: Ozone API’s Support and Recommendations for the CFPB on the Personal Financial Data Rights Rule

The CFPB’s new Personal Financial Data Rights rule marks a historic step for U.S. open banking, empowering consumers with control over their data and enabling secure third-party access. At Ozone API, we fully support this direction and have shared our insights with the CFPB, recommending a standardized security framework, certification processes, and service initiation to strengthen the open finance ecosystem.

Eyal Sivan
05, Nov 2024