Mosaic Contributes to New Zealand's Payment Security

December 2024
Technology

Mosaic is proud to have been part of the programme of work for the Confirmation of Payee (CoP) project, a transformative initiative enhancing payment security across New Zealand's banking sector.

CoP is a cutting-edge tool designed to combat fraud and reduce payment errors by verifying account names against bank records before transactions are completed.

This vital innovation not only safeguards customers but also builds greater trust in digital payments, aligning perfectly with Mosaic's commitment to delivering capabilities that empower businesses and protect communities.

Read the press release on NZ Herald

Mosaic Contributes to New Zealand's Payment Security

Published
December 2024
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Mosaic is proud to have been part of the programme of work for the Confirmation of Payee (CoP) project, a transformative initiative enhancing payment security across New Zealand's banking sector.

CoP is a cutting-edge tool designed to combat fraud and reduce payment errors by verifying account names against bank records before transactions are completed.

This vital innovation not only safeguards customers but also builds greater trust in digital payments, aligning perfectly with Mosaic's commitment to delivering capabilities that empower businesses and protect communities.

Read the press release on NZ Herald

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