obconnect Information

obconnect builds and operates the infrastructure that lets banks, corporates and financial institutions deliver secure payment and name-checking products to a whole market - quickly, reliably and at national scale. From Confirmation of Payee and Verification of Payee to pay-by-bank, account-to-account payments and the compliance architecture banks depend on, obconnect turns complex regulation into products that work. Its services span: Confirmation of Payee (CoP) - name checking that helps stop APP fraud and reduce reimbursement exposure Verification of Payee (VoP) - name verification for UK and EU instant payments Open Banking for ASPSPs - turning bank compliance into commercial value TPP software for corporates - pay-by-bank and account access for corporate customers Product Delivery Ecosystems - one centralised platform that delivers products to an entire market, instead of every institution building its own obconnect's track record isn't theoretical. It built and launched New Zealand's national Confirmation of Payee scheme - connecting the country's banks in months, not years - and is a named participant in the UK Payments Initiative (UKPI) behind commercial Variable Recurring Payments. obconnect is regulated by the UK Financial Conduct Authority under the Payment Services Regulations 2017 (FRN 935017) and is part of the PayPoint Group. Serving banks, corporates and financial institutions - whatever stage you're at, obconnect's team works alongside you to get the right product live, securely and fast. Get in touch: info@obconnect.io Learn more: https://obconnect.io/