SurePay APIs now available on Temenos Exchange

By Gloria Methri

SurePay has announced that its solutions will now be available via the cloud-based Temenos Exchange partner ecosystem.

The integration with Temenos allows banks to easily deploy SurePay solutions on top of their Temenos core banking system. Banks can access Verification of Payee (EU), Confirmation of Payee (UK) and SWIFT Beneficiary Account Validation (BAV) via Temenos Exchange using the SurePay API.

The SurePay solution is designed to reduce impersonation fraud, authorised push payment (APP) scams and misdirected payments. It increases the certainty that payments are sent to and received by the intended account holder. The solution provides a secure and efficient payment experience for customers whilst ensuring institutions’ regulatory compliance.

With the SurePay APIs now available on Temenos Exchange, banks can more easily integrate CoP and VoP solutions into their existing systems and ensure regulatory compliance.

Temenos Exchange offers pre-integrated and approved FinTech solutions that can be easily deployed on top of Temenos’ open platform for composable banking. This enables banks to accelerate the creation of new financial services while reducing development costs.

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said, “Temenos Exchange acts as an accelerator for FinTechs and software developers, helping them develop, validate and monetise new banking solutions. The integration with Temenos and joining Temenos Exchange means SurePay can write once and be readily available to the thousands of banks globally that run on our platform. And that is of tremendous value for our customers with the upcoming legislation.”

David Jan Janse, CEO of SurePay, said, “We are on a mission to protect our clients and their customers against the growing threat of fraud worldwide, both domestically and cross-border. We have a proven solution. With 100+ banks in several countries and multiple schemes, we are the only real Bank Account Verification specialist in the world. We are thrilled to be able to work with the Temenos community.”