UK fintech tell.money supports Andaria’s European Verification of Payee rollout

Source: tell.money

Andaria, a UK and EU-licensed fintech delivering secure and compliant payment and e-money services, has partnered with tell.money to support the rollout of Verification of Payee (VOP) across Europe.

The partnership follows Andaria’s successful implementation of Confirmation of Payee (CoP) in the UK during the 2024 Group 2 wave, demonstrating the company’s commitment to proactive fraud prevention and regulatory alignment.

With growing calls for a coordinated approach to payee verification across Europe, VOP is emerging as a critical next step in reducing fraud and improving trust in digital payments.

Andaria’s experience delivering CoP at scale in the UK has positioned the business to take early, decisive action in preparing for VOP’s introduction across the EU, by aligning with tell.money, a trusted partner with a regulatory-first approach to payee verification technology.

“Having delivered CoP in the UK, we’ve seen the clear benefits it brings to both customers and institutions,” said Kevin McAdam, chief executive officer UK of Andaria.

“Now, as we look to future-proof our services for Europe, partnering with tell.money gives us access to trusted, purpose-built technology that will support a smooth and compliant VOP rollout.”

With a platform built to support PSD2, CoP, and VOP, tell.money enables fintechs and EMIs to deliver payee verification with minimal integration complexity.

David Monty, chief executive officer of tell.money, added: “Andaria’s leadership in fraud prevention sets a strong precedent as VOP moves onto the European agenda.

“We’re proud to support them with the infrastructure and expertise needed to deliver secure, compliant payee verification at scale.”

This latest collaboration reflects a shared commitment to building a more secure, transparent, and trusted payments ecosystem. As regulatory focus sharpens and implementation timelines progress, Andaria and tell.money are enabling a compliant and future-ready approach to payee verification across the UK and EU.

Further reading: IDT Finance teams up with tell.money to integrate CoP services