September 30, 2025

Core Platform

There are no changes at this time.

Issuance and Cards

There are no changes at this time.

Payouts and Payins

Verification of Payee (EU)

Starting October 9, 2025, all EUR Local payouts from EU-based clients will be subject to Verification of Payee (VoP) checks in line with EU regulations.

These checks confirm that the beneficiary name matches the account details before the payout is processed. Transactions with name mismatches will be automatically rejected.

For more details, see Verification of Payee.