[hocuspocus]

The UK came up with a practical solution to implement confirmation of payee.

You need to enter the account holder name and select personal or business (with laxer rules for the latter, I assume). The API returns perfect match or partial match (actual holder name) and allows you to proceed, or no match.

A paper form means there's a human who enters the data at some point, no?

[DocTomoe]

Hm, given how many of these forms are sent around, I would expect most of them getting scanned and OCRd, with a fallback should checksums no longer match.