Apicunia Partners with Prometeo for Enhanced Payment Verification Services
Updated: 4 days ago
Apicunia is pleased to announce a strategic partnership with Prometeo, one of Latin America's leading Open Finance and banking infrastructure platforms, to provide services for Verification of Payee (VoP) and Confirmation of Payee (CoP).
Through this partnership, Prometeo will integrate Apicunia's payee verification platform. This integration will enable customers to benefit from both the European Payments Council's Verification of Payee (VoP) scheme and the UK's Confirmation of Payee (CoP) service.
The Importance of Trusted Payee Verification
As real-time and account-to-account payments continue to accelerate globally, trusted payee verification is becoming a critical component in preventing misdirected payments. It also plays a vital role in reducing Authorised Push Payment (APP) fraud. Together, Apicunia and Prometeo are helping financial institutions, fintechs, and payment service providers deliver safer, more trusted payment experiences.
Insights from Our CEO
Gary Farrow, CEO of Apicunia, said:
"We're delighted to partner with Prometeo, a recognised leader in Open Finance and banking infrastructure across Latin America. By combining Prometeo's extensive connectivity with Apicunia's specialist payee verification capabilities, we're helping organisations deliver more secure account-to-account payments globally as well as across Europe and the UK. This partnership represents another important step in our mission to build the future of Know Your Payee services."
Meeting Growing Demand
The collaboration reflects the growing demand for interoperable payment verification services. Financial institutions increasingly operate across multiple jurisdictions and payment schemes. This partnership aims to address that need effectively.
Apicunia's platform supports integrations for both EPC Verification of Payee and UK Confirmation of Payee. This enables organisations to accelerate compliance while enhancing customer protection and reducing payment fraud.
Future Innovations
Apicunia looks forward to working closely with the Prometeo team. Both organisations are committed to continuing to innovate and deliver trusted payment infrastructure to customers around the world.
Conclusion
In conclusion, this partnership marks a significant milestone in our journey. We are excited about the potential to enhance payment verification services. With the increasing complexity of regulatory requirements, our collaboration will help banks and financial institutions navigate these challenges seamlessly.
By leveraging our combined expertise, we aim to set new standards in payment security and efficiency. Together, we are paving the way for a safer financial ecosystem.
August 2026




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