STOCKHOLM, Sweden — February 5, 2026
Executive Summary
Movitz has announced a partnership with Kinexys by J.P. Morgan to enable global payee verification for banks worldwide, using Kinexys Liink as the underlying data-sharing network. The collaboration is being delivered through the J.P. Morgan Payments Consultant Implementation Program and is designed to help banks verify beneficiary account details before payments are sent. According to the companies, the solution provides near real-time verification across more than 70 countries while integrating directly into banks’ existing payment channels. The announcement comes amid continued growth in cross-border and instant payments and rising levels of payment fraud and misdirected transfers. By combining Movitz’s bank-facing integration software with Kinexys Liink’s blockchain-based information exchange, the partnership aims to extend payee verification workflows beyond domestic and regional schemes and support banks in meeting evolving regulatory and operational requirements.
Announcement Overview
Movitz and Kinexys by J.P. Morgan have announced a partnership focused on enabling banks to perform global payee verification before initiating payments. The collaboration allows banks to connect their existing payment channels to Kinexys Liink through Movitz’s software, enabling verification of beneficiary account ownership and related data elements prior to payment execution.
According to the companies, the solution is designed to operate across payment rails and jurisdictions, supporting both cross-border and instant payment use cases. Movitz’s role in the partnership is to provide software that sends payee verification requests from bank payment systems into Kinexys Liink and returns verification responses directly into existing payment flows, without requiring banks to replace customer-facing channels or core payment infrastructure.
Kinexys Liink, operated by Kinexys by J.P. Morgan, functions as a bank-led, peer-to-peer, blockchain-based data sharing network. The network enables participating institutions to exchange verified payment-related information securely while maintaining data sovereignty, privacy, and control. Through this partnership, banks can use a single network connection to extend payee verification capabilities globally rather than building individual integrations for each market.
The companies stated that the partnership is intended to address the growing operational and fraud-related challenges created by faster settlement cycles and increasing payment volumes, particularly in environments where error recovery becomes more difficult once funds are released.
Key Announcement Details
- Announcement type: Strategic partnership and product enablement
- Participants: Movitz and Kinexys by J.P. Morgan
- Program: J.P. Morgan Payments Consultant Implementation Program
- Core capability: Global payee verification before payment execution
- Technology: Kinexys Liink blockchain-based information exchange
- Geographic reach: 70+ countries
- Target users: Banks offering domestic, cross-border, and instant payments
- Integration approach: Embedded into existing bank payment channels
- Primary objective: Reduce fraud and misdirected payments
Strategic Context
According to the companies, the partnership is being launched at a time when global payment volumes continue to increase across instant and cross-border rails, while fraud and payment errors are also rising. Faster settlement reduces the time available for banks to identify errors or stop fraudulent transactions, making pre-payment controls increasingly important.
In Europe, the European Central Bank and the European Banking Authority have reported that total payment fraud value across the EU and EEA reached €4.2 billion in 2024. The companies cited this data as an indicator of the scale of the challenge facing financial institutions as payment systems become faster and more interconnected.
Regulatory developments are also influencing adoption of payee verification controls. In Europe, the European Union’s Instant Payments Regulation has established Verification of Payee as a standard control for euro credit transfers, accelerating implementation of verification workflows across payment channels. According to the companies, banks that already operate Verification of Payee for SEPA credit transfers face increasing pressure to extend similar controls to international payments.
The partnership between Movitz and Kinexys by J.P. Morgan is positioned, according to the companies, to help banks address these regulatory and operational pressures by enabling global payee verification through a single connection, rather than fragmented, market-specific implementations.
Global Payee Verification Across Payment Rails
The solution announced by Movitz and Kinexys by J.P. Morgan is described as payment rail-agnostic, allowing banks to apply payee verification across multiple payment types and channels. Kinexys Liink enables institutions to validate account ownership, account status, and related data elements through a peer-to-peer network designed specifically for secure financial information exchange.
According to the companies, the network supports verification in more than 70 countries and allows participating banks to exchange requests and responses in near real time. By using blockchain-based infrastructure, Kinexys Liink is designed to provide immutability, auditability, and resilience while allowing each participant to retain control over its own data.
Movitz’s software acts as the integration layer between bank payment systems and Kinexys Liink. The company stated that its technology allows banks to initiate verification requests from within existing payment channels and workflows and receive responses without disrupting customer experience or operational processes.
This approach, according to the companies, is intended to reduce integration complexity and accelerate deployment timelines, particularly for banks operating across multiple jurisdictions and payment schemes.
Regulatory Alignment and European Adoption
In Europe, regulatory requirements have played a significant role in accelerating adoption of payee verification controls. The European Union’s Instant Payments Regulation mandates Verification of Payee for euro-denominated credit transfers, making payee verification a standard component of instant payment processing within the region.
According to the companies, many European banks have already implemented Verification of Payee for SEPA credit transfers but face challenges when extending similar controls to non-SEPA or cross-border payments. These challenges include fragmented standards, varying regulatory requirements, and the need for multiple bilateral integrations.
The Movitz and Kinexys partnership is positioned, according to the companies, to help banks extend payee verification beyond SEPA through a single network connection. By using Kinexys Liink as a global information exchange, banks can apply consistent verification logic across regions while accommodating local regulatory requirements.
The companies stated that this capability supports compliance with evolving regulations while reducing operational overhead and integration costs associated with maintaining multiple verification solutions.
Integration Into Existing Bank Payment Flows
A central feature of the partnership is its focus on integration into existing bank payment channels rather than replacement of front-end systems. According to Movitz, its software is designed to fit into how payments are already processed within banks, allowing verification to occur before payments are released.
“Banks need payee verification that fits into how payments actually run, and without replacing their existing customer-facing channels,” said Magnus Hedenberg, CEO at Movitz. “This partnership enables banks to connect to Kinexys Liink and apply verification before payments are sent, without rebuilding their existing payment flows.”
The companies stated that this approach reduces implementation risk and allows banks to adopt global payee verification without major changes to customer interfaces or internal workflows. Verification responses are returned directly into the bank’s payment flow, enabling automated decisioning or exception handling as required.
According to the companies, this design is particularly relevant for banks supporting instant payments, where speed and automation are critical and manual intervention is limited.
Kinexys Liink and Blockchain-Based Information Exchange
Kinexys Liink is operated by Kinexys by J.P. Morgan, a division of J.P. Morgan Payments focused on blockchain-based solutions for financial services. The network is described as one of the world’s first bank-led, peer-to-peer blockchain-based data sharing platforms designed specifically for secure exchange of payment-related information.
According to the companies, Kinexys Liink enables institutions to validate account ownership and other data elements while maintaining sovereignty, security, and privacy. Participation in the network allows banks to exchange verification requests and responses directly with other institutions, rather than relying on centralized intermediaries.
The network’s Confirm application supports near real-time validation of bank account ownership and status, which the companies stated helps reduce payment errors, mitigate fraud risk, and improve operational efficiency. Because the network is payment rail-agnostic, it can support verification across domestic, cross-border, and instant payment environments.
The partnership with Movitz extends the reach of Kinexys Liink by providing banks with a standardized integration path into their existing payment infrastructure.
Addressing Fraud and Misdirected Payments
According to the companies, misdirected payments and authorized push payment fraud represent a growing challenge for banks as payment speeds increase. Once funds are transferred, recovery can be difficult or impossible, particularly in cross-border scenarios.
By enabling verification of beneficiary account details before payments are sent, the Movitz and Kinexys solution is intended to reduce the likelihood of funds being sent to incorrect or fraudulent accounts. Verification responses can be used to confirm account ownership, flag mismatches, or trigger additional controls before settlement occurs.
The companies stated that this pre-payment verification capability is designed to complement existing fraud detection and monitoring systems, rather than replace them. By adding an additional control point earlier in the payment lifecycle, banks can reduce downstream losses and customer disputes.
Industry Perspective From Kinexys by J.P. Morgan
Gloria Wan, General Manager of Kinexys Liink at Kinexys by J.P. Morgan, said the partnership addresses a critical challenge facing banks globally.
“Partnering with Movitz enhances our ability to help banks address one of the most urgent challenges in payments today: ensuring funds reach the intended recipient, securely and efficiently,” Wan said. “By integrating Kinexys Liink’s Confirm application directly into banks’ existing payment flows, we’re making it easier for institutions to comply with evolving regulations and protect their customers from fraud, whilst also creating new revenue opportunities. Together, we’re supporting banks as they adapt to a rapidly changing landscape and build greater trust in every transaction.”
According to the companies, the partnership reflects a broader industry focus on embedding trust and verification into payment infrastructure as transaction volumes and speeds continue to increase.
Implementation Timeline and Deployment Model
The companies stated that the solution is delivered through the J.P. Morgan Payments Consultant Implementation Program, which provides banks with structured support for deploying Kinexys solutions. Through this program, banks can work with Movitz and Kinexys by J.P. Morgan to integrate global payee verification into their payment environments.
According to the companies, the deployment model is designed to support phased implementation, allowing banks to start with specific payment channels or regions and expand coverage over time. Because the solution relies on a single network connection to Kinexys Liink, expansion into additional markets does not require new bilateral integrations.
This model, the companies stated, supports scalability and allows banks to respond more quickly to regulatory changes or emerging fraud trends.
About Movitz Payments
Movitz Payments is a payments technology company focused on enabling banks to verify beneficiary account details before payments are sent. Founded in Sweden, Movitz develops software designed to integrate payee verification into existing bank payment channels and operational workflows.
The company’s technology is used to connect bank payment systems with verification networks and data sources, enabling near real-time validation of payee information without disrupting customer-facing channels. Movitz’s solutions are designed for use across domestic, cross-border, and instant payment environments.
Movitz Payments works with banks and financial institutions seeking to enhance payment security, reduce fraud and misdirected payments, and comply with evolving regulatory requirements related to verification and consumer protection. The company operates primarily in Europe but supports global payment use cases through its integrations with international networks.
About Kinexys by J.P. Morgan
Kinexys by J.P. Morgan is the blockchain business unit of J.P. Morgan Payments, focused on transforming how information, money, and assets move around the world. Kinexys develops blockchain-based solutions designed for institutional use in financial services.
Kinexys Liink is the unit’s blockchain-based information exchange network, built to facilitate secure, frictionless sharing of payment-related information among financial institutions. The network supports verification of bank account ownership, status, and transaction-related data across more than 70 countries.
Through applications such as Confirm, Kinexys Liink enables near real-time validation that helps reduce payment errors, mitigate fraud risk, and improve operational efficiency. The network is designed to maintain data sovereignty, security, and privacy while enabling global interoperability across payment rails.
Media Contact
Magnus Hedenberg
Email: magnus@movitzpayments.com
Phone: +46 70 4158301
Source Attribution
Source: Company announcement