XBP Europe

Organisations shouldn’t have to choose between combating fraud or enhancing customer experience. You can achieve both. That’s what a prominent UK bank sought by implementing Confirmation of Payee (CoP). The problem? They lacked the internal resources for the project. Here’s how XBP Europe helped: - Handled complex account names - Provided end-to-end audit and reporting - Seamlessly managed inbound and outbound CoP requests Plus, they reduced the risk of misdirected payments. Download the full Case Study and learn more about our cloud-based, hosted CoP services: https://lnkd.in/dmS9x6qz

Is your business ready to take control of the bills and payments cycle? Imagine a world where every payment and invoice interaction is optimised. This was our vision with XBP, the Exchange for Bills and Payments. XBP enables businesses to: - Manage hundreds of transactions effortlessly - Streamline financial transactions, tasks, and workflows - Boost loyalty among suppliers, clients, or employees with improved experiences - Improve cash flow and eventually, liquidity Finance operations reimagined: Invoicing, payments, and communication — all streamlined, all in one place. Find out how XBP can revolutionise your financial processes: https://bit.ly/4dzj1CT

The future of work is flexible! At the beginning of 2024, 33% of companies offered full flexibility to their workers. At XBP Europe, we embrace a modern, hybrid work environment that empowers our employees. While remote work offers significant benefits to businesses, unlocking them demands the right tools and solutions. These are some of the tools we recommend organisations consider: 1. Onsite/Offsite clock timing to effectively manage and track productivity 2. Digital signature software to execute contracts or important documents 3. Digital Mailroom to ensure the delivery of physical business mail Learn more about our approach to remote work: https://bit.ly/3Xaum6I

Stay ahead. Become compliant on time. There are now 76 days until the Confirmation of Payee (CoP) deadline. As per the Payment Systems Regulation, firms using unique sort codes or building societies using alternative reference information must have a CoP service live by 31 October in the UK. The goal behind the initiative? To decrease misdirected payments and fraud. XBP Europe’s AI-powered solution allows CoP services to be deployed in days — not months. It empowers organisations to: - Verify payee accounts - Handle complex name matches - Avoid Authorised Push Payment Fraud Learn more about XBP Europe’s cloud-based, hosted CoP services: https://bit.ly/3UXUwY4

XBP Europe is proud to announce that Pay.UK approved its application to become a Confirmation of Payee aggregator. This approval will allow XBP Europe to join the service provided by Pay.UK, and pass those benefits to its clients. XBP Europe’s AI-powered solution allows CoP services to be deployed in days — not months. This is of particular interest to financial institutions who must implement CoP on time to remain compliant. Read the full press release: https://bit.ly/3WMP3Em

We’ve just launched a revamped version of the XBP Europe website. There are a few exciting changes. Firstly, it’s been designed to offer relevant content to visitors. Products, services, events, and other items featured on the Homepage are now tailored to what matters locally. The new site offers: - An improved User Experience - A highly structured view of our portfolio - Localised content for each European location we operate in - Organic translations Plus, much more. We're proud of the result after taking this next step with our website. Check out the new version at https://bit.ly/4a83RU8

Businesses face an often-overlooked environmental challenge: Paper usage. At XBP Europe, we believe there’s a smarter, more sustainable way to handle paper-intensive processes like business mail. Our Digital Mailroom offers a powerful alternative to traditional systems, significantly reducing processing delays and the need for papers. Digital Mailroom helps organisations: - Reduce paper usage - Decrease spending on postage and storage - Access their mail digitally from anywhere, and completely paper-free Transform your mail system for good. Learn more at: https://bit.ly/3Jc5404

A Fortune 500 provider of global procurement, payment, and travel services set an ambitious goal. The firm aimed to reduce its total cost of ownership for remittance processing by 80%. So, it partnered with XBP Europe as its primary outsourcing provider for remittance processing. Here’s how we helped: - Handled an annual volume of over 30MM payments - Improved processing turnaround times from 3 ½ days to 48 hours - Followed a phased approach, from front-end operations to IT/back-end processes Read the full Case Study. 👇

Managing incoming mail can be chaotic. But why drown in paperwork when you can ride the tide, digitise, and simplify mailed communications? This transformation isn’t just possible — it’s already happening with XBP Europe’s Digital Mailroom. It allows organisations to seamlessly: - Cut postage costs - Handle incoming mail remotely and securely - Organise and digitally transform mail operations Plus, with Digital Mailroom, documents can be remotely scanned, sent, stored, redacted, or even shredded. Go from “snail mail” to smart mail with XBP Europe’s Digital Mailroom solution. Learn more about what it can do for your organisation: https://bit.ly/3Stvj7B

A safety net to combat fraud was introduced in the UK in 2020. Four years on, the deadline to adopt Confirmation of Payee is fast approaching, but what does it mean for banks and payment service providers? In our latest article, we dive into how CoP works and look at its benefits and challenges. Read the full article: https://bit.ly/46tO6oX