
Sorin Mierlea , President of InfoCons Consumers Protection , participates in the BEUC-ANEC webinar
Sorin Mierlea , President of InfoCons , is participating in the BEUC – ANEC webinar taking place online today, July 10th. The event focuses on the introduction of instant payments, the implementation of the Verification of Payee (VoP) system, and how these innovations function in practice.
Starting October 9th, 2025, banks will be required to provide instant credit transfers, meaning that funds will reach the recipient’s account within seconds instead of days. To ensure the security of these transactions, banks will also need to implement the Verification of Payee system, which checks that the IBAN corresponds with the intended recipient’s name.
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The following speakers will contribute to the discussion:
- Dominique Allebroeck, European Payments Council, on how their Verification Of Payee (VOP) Scheme enhances payment security in the SEPA and aids compliance with the Instant Payments Regulation.
- Christophe Bonte, European Banking Federation, reporting on the communication and implementation plans of the banking sector
- Vinay Pranjivan from DECO and Mark Drabbe from Consumentenbond presenting on the situation in Portugal and the Netherlands from a consumer perspective
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InfoCons – European Organization for Consumer Protection and Promotion of Programs and Strategies , a full member of the World Organization Consumers International , founding member of the Federation of Consumer Associations , and member of ANEC , Consumer Protection , Consumers Protection , Intellectual Property , Be an Example , Sustainable Development , Smart Deal , Green Deal , Alert , Alerts , Consumer Hotline , Sustainability , Environmental Protection , Choose Wisely, Read the Label , Take Action , Health , Trust, Sorin Mierlea , Cybersecurity , ANEC , BEUC , Webinar