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BidSonar is an independent index of public-sector opportunities. We aggregate data from official sources and are not affiliated with any procurement body. Data is licensed under the Open Government Licence v3.0 and the EU TED reuse notice.

    ContractsBank Account Verification Service for Payment Processing
    Awarded contract

    Bank Account Verification Service for Payment Processing

    Awarded
    £171k
    Published 29 May 2026

    Real-time bank account and customer identity verification service for secure payment processing.

    🇬🇧United KingdomPublished 29 May 2026· 3 months agoviaContracts Finder
    Awarded
    £171k
    Published 29 May 2026

    Decision brief

    4 fields
    • Contract value
      £171,000
      Pounds sterling
    • Tender closed
      14 Apr 2026
      4 months ago
    • Sector
      Professional Services
      Browse related listings
    • Location
      🇬🇧United Kingdom

    Suppliers

    1 supplier
    • EQ
      EQUIFAX LIMITED
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 3 months ago.

    29 May 2026Today14 Apr 2026

    Brief

    This service provides real-time verification of customer information during online and telephone payment transactions. The service must validate: (1) customer identity confirmation, (2) verification that the provided address matches the customer's registered address, and (3) confirmation that the account number and sort code belong to the payer. This solution is essential for payment processing systems requiring Know Your Customer (KYC) compliance and fraud prevention measures.

    Track record

    5 awards · 4 winners
    Open field

    No single supplier dominates the field.

    In professional services, NHS BUSINESS SERVICES AUTHORITY has awarded 5 contracts to 4 suppliers.

    Who wins here
    1. REED SPECIALIST RECRUITMENT LIMITED2× · 40%
    2. Reed Specialist1× · 20%
    3. EQUIFAX LIMITED1× · 20%
    4. Meta (UK) Limited1× · 20%

    Across professional services, the most active winners are REED SPECIALIST RECRUITMENT LIMITED, KPMG LLP, Hays Specialist Recruitment Ltd — the field to beat, or your route in as a partner.

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    Take action
    View on sourceContracts Finder

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    contractsfinder.service.gov.uk
    Record ID
    5e24a17d-2c30-4395-ae14-d8da8240f8f7-899612
    NB
    Buyer
    NHS BUSINESS SERVICES AUTHORITY
    Sector
    Professional Services