IDT Finance, a trusted provider of tailored payment and banking solutions, has announced
a new partnership with open banking specialist tell.money. This joint venture will integrate
advanced Confirmation of Payee (CoP) services into IDT Finance’s offering, reinforcing its
commitment to payment security, regulatory compliance, and supporting both existing
and prospective clients.

The addition of CoP strengthens IDT Finance’s offering by providing an essential layer of
fraud prevention and transaction assurance. Designed to verify the intended recipient’s
account details before a payment is made, CoP is an integral tool for businesses
navigating the complexities of modern payment systems. By integrating this service, IDT
Finance ensures its clients are equipped with compliant, ready-to-use solutions that meet
evolving regulatory standards while mitigating risks.

Rob Darby, head of sales of IDT Finance, commented:
“At IDT Finance, we are committed to empowering our clients with tools that not only
enhance security but also position them to thrive in a rapidly evolving financial landscape.
Our partnership with tell.money underscores our mission to grow together with our
partners, delivering solutions that are both innovative and reliable. The addition of
Confirmation of Payee strengthens our capabilities by creating a seamless, secure
payment experience for businesses and consumers alike, reflecting our proactive
approach to addressing evolving client needs.”

The integration with tell.money builds on IDT Finance’s robust partnership with ClearBank,
a technology-driven bank that focuses on creating a sustainable banking and payment
infrastructure. ClearBank’s faster payments capabilities enhance IDT Finance’s ability to
deliver cutting-edge solutions that address diverse client requirements. Together, these
partnerships strengthen IDT Finance’s position as a trusted provider of secure and
innovative payment and banking services.

Rob France, chief commercial officer of tell.money, added:
“We are thrilled to partner with IDT Finance, a trusted provider in the payments sector.
Confirmation of Payee is just the beginning of a long-term, impactful relationship. Our
shared mission is to provide businesses with innovative open banking tools, empowering
them to meet regulatory challenges and embrace new opportunities in the fintech space.”

This new capability builds on IDT Finance’s reputation for delivering tailored payment and
banking solutions, including BIN sponsorship, prepaid and debit card programs, and
digital payment innovations. By partnering with tell.money, IDT Finance is poised to deliver
a pipeline of open banking tools that will drive growth and compliance for its clients in an
ever-evolving regulatory landscape.

For more information, visit www.idtfinance.com and www.tell.money

For media enquiries, please contact pressoffice@wearejam.agency or call 0161 850 0565.

About IDT Finance
IDT Financial Services Limited is part of the IDT Corporation Group of International
Companies headquartered in the US (NYSE: IDT). Its cards are issued pursuant to license
by Mastercard International and Visa Europe. Mastercard and the Mastercard Brand Mark
are registered trademarks of Mastercard International. IDT Financial Services Limited is a
regulated bank, licensed by the Gibraltar Financial Services Commission (GFSC).
Registered Office: 57-63 Line Wall Road, Gibraltar. Registered No: 95716

About tell.money
tell.money is a pioneering open banking SaaS platform, providing financial institutions and
TPPs with innovative tools such as Dedicated Interface APIs, Confirmation of Payee, and
regulatory monitoring solutions. With a focus on compliance and user experience,
tell.money enables organisations to thrive in the open banking ecosystem. For more
information, visit www.tell.money.