Payee Verification Goes Global: Movitz and Kinexys Extend VoP via Liink for Cross-Border Payments

Movitz and Kinexys expand Verification of Payee (VoP) through Liink, enabling near real-time beneficiary checks across banks to curb cross-border payment fraud amid tightening regulation.

Rich by Coin

2026-01-30

Swedish FinTech Movitz has partnered with Kinexys by J.P. Morgan to extend global payee verification capabilities to banks, addressing fraud risks tied to cross-border and instant payments. The collaboration, formed under the J.P. Morgan Payments Consultant Implementation Program, will enable banks to access Kinexys Liink’s blockchain-based data-sharing network for beneficiary account verification through Movitz’s software integration layer. The solution is designed to provide near real-time validation of account ownership before payments are executed, aiming to reduce misdirected payments and fraud. The move comes as payment fraud continues to rise across Europe and beyond.

Data from the European Central Bank and the European Banking Authority indicate total payment fraud across the EU/EEA reached €4.2 billion in 2024. As settlement speeds accelerate, institutions face narrower windows to detect errors or intercept fraudulent transactions, making preventive controls such as payee verification increasingly critical. Kinexys Liink, operated by Kinexys by J.P. Morgan, is a bank-led, peer-to-peer blockchain-based information exchange network that supports secure data sharing across more than 70 countries. Through its Confirm application, the network enables validation of account ownership and related data elements across payment rails while preserving institutional data sovereignty and privacy.

Under the partnership, Movitz will provide software that routes payee verification requests from banks’ existing payment channels into the Liink network and returns responses directly into their current workflows. The integration is designed to enable global verification without replacing major customer-facing systems, consolidating efforts through a single network connection. Liink is payment-rail agnostic, allowing data exchange across domestic and cross-border payment systems. As regulators tighten controls around instant payments, embedded verification is likely to become a central feature of the payments technology landscape.