Stop misdirected payments
Finmo’s Confirmation of Payee (CoP) verifies beneficiary account ownership through real-time individual and business account verification. Instantly validate payee names against bank records, reduce failed payments, and protect your business from fraud, all without slowing down operations.
Built for modern finance teams managing global payouts at scale.
Validate beneficiaries in seconds
Finmo connects to a global network of banking partners to confirm account ownership before payouts are initiated.
Whether you're onboarding a beneficiary or processing a payout, Finmo verifies accounts instantly with just a name, bank, and account number.
Finmo connects to a global network of banks and payment service providers to validate the data.
Receive per-payee verification results instantly and choose to proceed with the transaction or review details before authorizing the payment.
Intelligent controls built into every payout
Cross-check payee details against global banking networks instantly. Ensure the account holder name matches submitted data before funds are released, eliminating guesswork and reducing fraud exposure.
Receive real-time match outcomes including exact match, partial match, or no match. Identify minor spelling errors, incorrect entities, or mismatched beneficiaries, while staying compliant with regional regulations.
Verification is fast, automatic, and invisible to your payees. Enjoy the confidence of secure payments combined with a frictionless process that your payees won’t even notice.
Optimised payment flows
With 10–15% of payments failing due to incorrect account details, automated validation ensures errors are detected in real time, reducing manual errors and streamlining your workflow.
Validated payees ensure fewer disruptions in your payment process, keeping your cash flow predictable and transactions completed on time.
Finmo replaces test deposits with instant, behind the scenes verification, saving you time and securing every payout.
Bulk Verify in Seconds
Easily upload your complete payout list and let the system instantly verify every recipient in one go. Add custom overrides directly in your file based on verification results, giving you full control over how each payment gets processed.
Designed for payroll runs, marketplace payouts, and large supplier batches.
Confirmation of Payee available across key markets
Australia
Argentenia
Bangladesh
Belgium
United Kingdom
France
Korea
Indonesia
Nigeria
Nepal
Uganda
Vietnam
Malaysia
Uruguay
Peru
Turkey
Italy
Netherlands
Poland
Europe
Contact us
Sign up to explore our dashboard for yourself. Or book a demo to talk things through with our team.