The Financial Sector in Europe Is Undergoing a Major Regulatory Shift
June 2025
This transformation will impact not only banks and fintech companies, but the entire supply ecosystem.
Verification of Payee (VoP) and the Digital Operational Resilience Act (DORA) are fundamentally reshaping the rules of the game — complementing each other from digital payment processes to complex cybersecurity and resilience requirements for systems and vendors.
What does this mean?
- Clients and companies will be required to verify payment recipients
- New regulations demand investments in infrastructure and compliance
- VoP enables more effective management of cyberattack and fraud risks
- IT service providers must meet stricter criteria to work with banks
Are You Ready for the Future of Finance?
Implementing VoP and DORA requires more than just technical upgrades — it calls for strategic leadership and proactive decision-making at the management level of both banks and their supply chains.
VoP is changing how we make payments → Banks must adapt their systems; fintechs can offer innovative solutions.
DORA raises the bar for digital resilience → IT and cybersecurity firms face new challenges and higher compliance demands.
The supply chain is undergoing transformation → Banks will increase oversight of their ICT partners.
VoP is driving demand for data analytics and AI → Financial institutions need accessible, effective risk management tools.