News

Thank you to everyone who attended our seminar “Legislative Changes in Payment Transactions and MultiCash.” We truly appreciate your active participation and insightful discussions.

It was a pleasure to meet you in person and share inspiring perspectives on current topics.

We look forward to the next opportunities to connect, which we are already preparing for you.

The seminar capacity for Management Data Praha's event "Legislative Changes in the Area of Payment Transactions and MultiCash", taking place on Thursday, November 27, 2025, has been fully booked.

We plan to repeat the event at the beginning of 2026 for those interested who were unable to attend this time due to capacity limitations. 

We look forward to seeing you at our next seminar.

We invite you to the annual SIBOS conference, this year held in Frankfurt, Germany, where from September 29 to October 2, 2025, you can meet our partners SmartStream and Eastnets at their exhibition stands.

 

Learn more about the conference and register here.
Source: www.sibos.com

Verification of Payee (VoP) is a process designed to ensure that payments are sent to the correct bank account. Before the payment is processed, the system verifies whether the name of the payee matches the name of the account holder associated with the provided IBAN number. This reduces the risk of errors and fraud related to incorrectly entered payee information.

VoP is a key component of the European Instant Payment Regulation (IPR) initiative and will be mandatory for all banks and payment institutions within the SEPA zone starting from October 2025. It prevents payments from being sent to incorrect accounts due to human error, reduces the risk of fraudulent payments where attackers attempt to use false bank details, and gives users greater confidence that their money will reach the intended recipient.

Eastnets, partner of Management Data Praha, offers a Verification of Payee (VoP) solution designed for regulatory compliance and real-time protection.

Key Features:

  • Real-time payee verification in under 5 seconds

  • Go-live in as little as 4 weeks

  • Advanced matching to reduce false positives

  • Fully managed cloud service with 24/7 support

  • Automatic compliance with scheme updates

  • Manual VoP checks for single and bulk submission

Learn more on the Eastnets website.

We would like to thank all participants and organizers of this year’s 22nd annual Treasury Forum conference event, which took place on June 4th 2025, at O2 universum in Prague, and to everyone who visited us at the Management Data Praha exhibition stand.

We also hope that the audience of Josef Brtník’s interesting lecture on Global Banking Connectivity and the Latest Developments in Payments took away many practical insights and ideas.

We look forward to meeting you again at the next Treasury Forum in June 2026.