PingPong Turns Regulatory Compliance Into Competitive Edge With Form3 Partnership

PingPong, the world-leading provider of embedded cross-border payment solutions for enterprises, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account validation, giving PingPong a competitive edge by implementing compliance measures five months ahead of the October go-live date.

Operating from 37 offices globally with over 60 financial licences, PingPong's platform delivers faster, more transparent, and higher-quality cross-border B2B transactions for enterprises, financial institutions, and SaaS companies. PingPong's proactive adoption of Form3's VoP solution well before the European Payments Council's October 2025 implementation deadline demonstrates this strategic approach.

Form3's solution will ensure that PingPong is compliant with the Instant Payment Regulation, delivering faster, forward-compliant, and safer payments to the EU for PingPong's clients. The solution offers enhanced protection against authorised push payment (APP) fraud and payment errors while demonstrating the company's commitment to staying ahead of regulatory requirements.

Today's announcement marks the third Form3 product that PingPong has adopted, having previously integrated SEPA Instant and Credit Transfer solutions into its customer offering.

The VoP solution has been designed with compliance in mind for customers. Form3's fully managed service delivers compliance with regulations such as IPR and PSD3. A key selling point is that Form3 provides rolling scheme updates without service interruption.

Form3's cloud-based, account-to-account payments platform, on which the VoP solution operates, is underpinned by a single API designed to integrate seamlessly into existing infrastructure. This allows customers to meet regulatory requirements while focusing on growth, improving the overall customer experience.

The European Payments Council will implement the new VoP scheme in October 2025. It is designed to reduce fraud and payment errors by allowing a payer to verify whether the name of the intended payee matches the name held by the payee's payment service provider (PSP) for the provided IBAN.

Alex Young, FI Partnerships Lead at PingPong, said: "We selected Form3's VoP solution because it's fast, resilient, and ensures we remain compliant against ever-changing regulations. By implementing this solution five months ahead of the October deadline, we're turning compliance into a competitive advantage for our enterprise, fintech and financial institution clients. Staying ahead of regulatory requirements is essential to maintaining our position as the world's leading cross-border payments provider. The onboarding experience from Form3 has been smooth, featuring excellent communication. We are deepening our partnership with Form3 because their technology is best-in-class for our cross-border payment needs."

About Form3

Form3 is the account-to-account platform. Founded in 2016, Form3 set out to revolutionise the world of payment processing and disrupt the traditional payment infrastructure model, with an always on, cloud-native, Payments-as-a-Service platform. Today, Form3 is trusted by some of the UK’s and Europe’s biggest Tier1 banks and fastest-growing fintechs to handle their critical payments architecture. Form3 recently won the Best Technology Integration Award, in partnership with Nationwide, at the Card and Payments Awards 2025, the Celent Model Bank 2025 Award for Payments Transformation and Paytech Company of the Year at the Fintech Awards London 2025. The company has been included in the 2025 Lazard T100 Index and was listed in the 2024 Top 100 Scale-ups in Europe. The company has also been awarded PayTech of the Year, Team of the Year for Form3’s Engineering Team at the UK Fintech Awards 2024, Team of the Year at the Paytech Awards 2024, and Engineering Team of the Year at the Europe Fintech Awards 2024.

About PingPong

PingPong was founded in New York in 2015, with the goal of solving the immense challenge of scaling enterprise businesses globally. Fast forward to today, and PingPong has become one of the world’s leading global cross-border payments platforms, with a Total Payment Volume (TPV) of more than $250 billion USD. Our API-first cross-border payments platform integrates with enterprises to send, manage, and receive money faster on a global scale. PingPong currently has 37 offices in 15 countries and 1,500 employees. Our international presence helps businesses solve complex payment needs in every major economy across all time zones.