
Apicunia, the Regulatory Services Platform provider, confirms intent to act as a Routing and Verification Mechanism (RVM) in the European Payment Council's Verification of Payee (VOP) scheme.
In the new VOP scheme, requesting payment service providers (PSPs) may use the services of a compliant Routing Verification Mechanism (RVM) to send VOP Requests to Responding PSPs and to receive their related VOP Responses. Similarly, Responding PSPs may use the services of RVMs to receive VOP Requests and return related VOP Responses to the Requesting PSPs.
Apicunia intends to provide services, both as a Responding and Requesting RVM.
Background
Apicunia is a provider of cutting-edge API solutions that accelerate regulatory compliance for banks. Our technology enables fast and secure services, making it easy for banks to meet compliance requirements quickly and efficiently. For an overview of our full suite of banking regulatory services visit www.apicunia.com.
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