Secure, Cross-Border Confirmation of
UK Payee for Irish Businesses
Insurers face increasing challenges—from evolving fraud tactics to growing regulatory demands and rising customer expectations. Sedicii provides real-time identity and data verification aimed at reducing incidences of fraud, designed with privacy at its core. Our platform helps insurers onboard customers faster, reduce fraud, and stay compliant, all without exposing or sharing sensitive customer data with the authorities used in the verification process.
What is Confirmation of Payee?
Confirmation of Payee (CoP) is an anti-fraud initiative developed by Pay.UK. It allows businesses and financial institutions to check that the name on a UK bank account matches the name entered by a customer before initiating a payment. CoP helps prevent:
- Authorized Push Payment (APP) fraud
- Misdirected payments
- Operational errors in financial workflows
How Does CoP Work?
1. Input
Customer provides account name, sort code, and account number.
2. Check
Sedicii sends a CoP request via Open Banking to the UK bank.
3. Response
The bank replies within 1.5 seconds with a match result: Exact Match, Close Match or No Match.
4. Action
Your platform uses the result to confirm, flag, or reject the transaction or onboarding step.
Why does CoP matter for Irish businesses?
Many Irish businesses send or receive payments from UK customers, suppliers, or partners. But verifying UK bank account ownership has historically been challenging across borders.
With Sedicii’s CoP integration, you can now:
- Confirm UK account holder names from Ireland, using standard Open Banking APIs
- Reduce fraud and payment errors before sending funds
- Improve onboarding flows with real-time account verification
- Increase trust and compliance in cross-border transactions
Use Cases for Confirmation of Payee in Ireland
Customer onboarding
Verify the bank account belongs to the customer being onboarded.
Payouts & disbursements
Ensure funds go to the intended recipient
Supplier onboarding
Confirm vendor bank details before sending payments
Fraud prevention
Catch account mismatches before they become costly
Why Choose Sedicii?
Sedicii is uniquely positioned to deliver CoP functionality from Ireland by combining Open Banking access with strong privacy-enhancing technology.
- Cross-border support: Verify UK accounts from Ireland seamlessly
- Privacy-first: No sensitive data is exposed or stored
- Integrated verification: Combine with ID, biometric, and address checks
- Real-time insights: Instant match results to streamline decisions
Sedicii is compliant with ISO 27001:2022 and IASME Cyber Essentials, among others.
ISO 27001:2022
Sedicii is compliant with ISO 27001:2022. Our certificate number is 250118053501 which can be verified here: www.iafcertsearch.org.
IASME Cyber Essentials
Cyber Essentials certification demonstrates that an Sedicii is protecting itself by implementing the most important cyber security controls. A team of IASME experts review the scheme at regular intervals to ensure it stays effective in the ever-evolving threat landscape.
Ready to get started?
Ready to verify UK bank accounts from Ireland with real-time confidence? Sedicii can help you implement Confirmation of Payee as part of your onboarding, payments, or fraud prevention workflows.
Get Started: To learn more about our PoC solution, please fill in the short form.