Abstract:FxPro teams up with tell.money to enhance BnkPro security with CoP technology, offering clients safer financial transfers and reducing fraud risks.
FxPro, a global leader in financial services and electronic money solutions, has announced a strategic partnership with tell.money to implement Confirmation of Payee (CoP) technology. This collaboration aims to enhance the security of BnkPro, FxPros Electronic Money Institution (EMI), providing customers with greater protection against app fraud and unauthorized transactions.
As app-based fraud continues to rise, robust protection for financial transactions is becoming more critical. The CoP feature validates recipient account details during payments, significantly reducing the risk of misdirected or fraudulent transactions. Through this integration, FxPro strengthens security measures for its BnkPro clients, ensuring their financial operations are safeguarded.
“Security is a cornerstone of what we deliver to our clients at BnkPro,” says Paolo Broccardo, COO of BnkPro. “tell.money‘s expertise in Confirmation of Payee gives us the confidence to combat fraud head-on, ensuring our clients can transact with trust and ease.” This partnership underscores BnkPro’s commitment to offering secure, efficient, and innovative wealth management solutions.
BnkPros clients already enjoy a range of financial management tools, including multi-currency solutions, instant currency exchanges, and the exclusive BnkPro Mastercard. The integration of CoP via tell.money ensures that their global transfers and everyday financial operations are both secure and seamless.
“We‘re proud to support FxPro in enhancing their client security through our Confirmation of Payee service,” comments David Monty, CEO at Tell.money. “Together, we’re dedicated to reducing fraud and making financial transactions safer, reflecting our shared commitment to protecting users in todays financial landscape.”
FxPro has long been a trusted name in the financial services industry. With this new partnership, they continue to prioritize client security and innovation. Their collaboration with tell.money for CoP technology further strengthens their role as a leader in secure and efficient financial solutions, offering unparalleled convenience and confidence to clients worldwide.
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