CROWDFUNDINSIDER · 2026-10-26 01:38 UTC

TerraPay Links Payee Verification Service To JPMorgan's Kinexys Liink network

TerraPay integrated its payee verification service with JPMorgan's Kinexys Liink network to help financial institutions verify bank accounts and digital wallets before cross-border payments. A 2026 LexisNexis study found 10-15% of international payments fail due to inaccurate recipient information, causing delays and fraud exposure. The partnership aims to reduce payment errors and fraud by allowing institutions to check recipient details across different payment systems before funds transfer.

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