Emirates NBD integrates iPiD for real-time global payee verification

By Gloria Methri

Emirates NBD, one of the MENAT region’s leading banking groups, has partnered with international payee verification provider iPiD to strengthen the safety and efficiency of cross-border transactions through real-time beneficiary validation.

The collaboration enables Emirates NBD to offer customers the ability to verify key recipient details—such as payee names, IBANs, and account numbers—before initiating international payments. By integrating iPiD’s API-driven solution, the bank aims to reduce fraud risk, prevent failed transactions caused by incorrect information, and enhance the overall reliability of global money transfers.

This move aligns with Emirates NBD’s wider digital banking strategy, which emphasises security, trust, and user-centric innovation. With more than 97% of financial transactions already conducted outside its branch network, the bank continues to focus on embedding advanced technologies that streamline and safeguard customer experiences across borders.

Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD, commented, “At Emirates NBD, we are committed to delivering an exceptional digital experience for our customers, underpinned by robust security and trust. Our partnership with iPiD – bringing global payee verification capabilities to enhance cross-border payments – reinforces this commitment. Together, we are ensuring safer, more efficient digital payments for our customers, domestically or across borders.”

The integration of payee verification also positions Emirates NBD to proactively address growing concerns around payment fraud, which continues to challenge institutions operating in an increasingly complex and globalised financial ecosystem.

Damien Dagauquier, CEO and Co-founder at iPiD, added, “Our partnership with Emirates NBD marks a significant milestone in our mission to make global payments simpler and safer for everyone. With our advanced API and validation capabilities, we are empowering institutions like Emirates NBD to combat fraud and deliver seamless payment experiences proactively.”

Operating across 13 countries and serving over 9 million active customers, Emirates NBD offers a comprehensive range of banking services, including retail, corporate, Islamic, private, and investment banking, as well as asset management and treasury solutions. The Group also runs Liv, its digital lifestyle bank, which remains one of the fastest-growing digital banks in the region.