{"id":12650,"date":"2025-06-02T07:58:27","date_gmt":"2025-06-02T07:58:27","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=26412"},"modified":"2025-06-02T07:58:27","modified_gmt":"2025-06-02T07:58:27","slug":"emirates-nbd-partners-with-ipid-for-real-time-cross-border-payee-verification","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/emirates-nbd-partners-with-ipid-for-real-time-cross-border-payee-verification\/","title":{"rendered":"Emirates NBD Partners with iPiD for Real-Time Cross-Border Payee Verification"},"content":{"rendered":"<p><a href=\"https:\/\/fintechnews.ae\/tag\/emirates-nbd\"  rel=\"noopener\">Emirates NBD<\/a> has entered into a partnership with <a href=\"https:\/\/fintechnews.ae\/tag\/ipid\"  rel=\"noopener\">iPiD<\/a>, a Singapore-based provider of Know Your Payee (KYP) validation services.<\/p>\n<p>The collaboration aims to enhance the bank\u2019s cross-border payment processes by enabling real-time beneficiary validation.<\/p>\n<p>Through the integration of iPiD\u2019s technology, customers will be able to verify payee names, IBANs, and account numbers before initiating a payment.<\/p>\n<p>This is expected to reduce the risk of fraud, prevent transaction errors caused by incorrect details, and improve overall efficiency.<\/p>\n<p>The move is part of Emirates NBD\u2019s wider efforts to strengthen its fraud prevention measures and expand its capacity for payee verification across international markets.<\/p>\n<p>Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD, said:<\/p>\n<figure id=\"attachment_22934\" aria-describedby=\"caption-attachment-22934\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-22934 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-150x150.jpeg\" alt=\"Anith Daniel\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-150x150.jpeg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-300x300.jpeg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-768x768.jpeg 768w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-450x450.jpeg 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-32x32.jpeg 32w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-48x48.jpeg 48w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-80x80.jpeg 80w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel-180x180.jpeg 180w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2024\/10\/Anith-Daniel.jpeg 800w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-22934\" class=\"wp-caption-text\">Anith Daniel<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cAt Emirates NBD we are committed to delivering an exceptional digital experience for our customers, underpinned by robust security and trust. Our partnership with iPiD, bringing global payee verification capabilities to enhance cross-border payments, reinforces this commitment. Together, we are ensuring safer, more efficient digital payments for our customers, domestically or across borders.\u201d<\/p>\n<\/blockquote>\n<p>Damien Dagauquier, CEO and Co-founder of iPiD, added:<\/p>\n<figure id=\"attachment_25928\" aria-describedby=\"caption-attachment-25928\" style=\"width: 150px\" class=\"wp-caption alignright\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-25928 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/04\/Damien-Dugauquier-150x150.jpg\" alt=\"Damien Dugauquier\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/04\/Damien-Dugauquier-150x150.jpg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/04\/Damien-Dugauquier-300x300.jpg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/04\/Damien-Dugauquier-768x768.jpg 768w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/04\/Damien-Dugauquier-450x450.jpg 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/04\/Damien-Dugauquier.jpg 800w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-25928\" class=\"wp-caption-text\">Damien Dugauquier<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cWith our advanced API and validation capabilities, we are empowering institutions like Emirates NBD to proactively combat fraud and deliver seamless payment experiences.\u201d<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p><em>Featured image credit: <a href=\"https:\/\/www.emiratesnbd.com\/en\"  rel=\"noopener\">Emirates NBD<\/a><\/em><\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/26412\/abudhabi\/emirates-nbd-ipid-partnership\/\">Emirates NBD Partners with iPiD for Real-Time Cross-Border Payee Verification<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emirates NBD has entered into a partnership with iPiD, a Singapore-based provider of Know Your Payee (KYP) validation services. The collaboration aims to enhance the bank\u2019s cross-border payment processes by enabling real-time beneficiary validation. Through the integration of iPiD\u2019s technology, customers will be able to verify payee names, IBANs, and account numbers before initiating a [&#8230;]<\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/26412\/abudhabi\/emirates-nbd-ipid-partnership\/\">Emirates NBD Partners with iPiD for Real-Time Cross-Border Payee Verification<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175,206,246,265],"tags":[],"class_list":["post-12650","post","type-post","status-publish","format-standard","hentry","category-abu-dhabi","category-dubai","category-emirates-nbd","category-ipid"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12650"}],"version-history":[{"count":1,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12650\/revisions"}],"predecessor-version":[{"id":12652,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12650\/revisions\/12652"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}