TransferGo partners with tell.money to further strengthen its fraud prevention by implementing CoP

TransferGo news flash! We’re thrilled to announce that we’ve partnered with tell.money to introduce Confirmation of Payee (CoP) technology. This initiative enhances security, combats fraud and provides customers with even greater confidence with every transaction.

Serving over 8 million customers in 160 countries, we’re fully committed to making financial services more accessible, addressing both personal and business challenges in a fast, affordable and simple way. By integrating CoP technology with tell.money, we’ve added an additional safety layer to mitigate the risks of payment fraud and misdirected transactions, further strengthening our commitment to customer security.

Our Chief Commercial Officer, Simon Moran says: “At TransferGo, our customers’ security and peace of mind are at the core of everything we do. By integrating Confirmation of Payee technology, we’re not only enhancing fraud prevention but also empowering our customers with an even greater level of confidence in their transactions. This partnership with tell.money reflects our unwavering commitment to innovation, trust and delivering a seamless experience that prioritises safety and reliability while ensuring that everyone has access to fairer financial tools.”

David Monty, CEO at tell.money also comments: “We’re proud to partner with TransferGo. Our mission has always been about doing our part to help the financial ecosystem thrive and, in turn, empowering end consumers. Both of our organisations are focused on removing barriers to financial services and building trust with those who rely on us. Through Confirmation of Payee, we’re helping TransferGo create a safer, more inclusive financial experience for millions worldwide.”

About TransferGo

TransferGo is a global fintech company creating a fairer world for millions of individuals and businesses by offering simpler and fairer financial services. Celebrating over 12 years of innovation, TransferGo continues to break down financial barriers, supporting over 8 million customers across 160 countries. With a strong focus on financial inclusion, TransferGo’s mission is to make the world fairer by providing people and businesses with more ways to make the most of their hard-earned money. Headquartered in London and Vilnius, TransferGo employs more than 400 people across Europe.

About tell.money

tell.money is a market-leading open ecosystem platform, offering a suite of services that include Dedicated Interface APIs, Confirmation of Payee, and advanced Test & Monitoring systems. With a commitment to promoting seamless integration and regulatory compliance in the open banking ecosystem, tell.money continues to transform financial technology into a force for good.

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