diff --git a/package-lock.json b/package-lock.json
index 44ae69d..6b6441f 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -14,7 +14,7 @@
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         "@hapi/boom": "10.0.1",
         "audit-ci": "^6.6.1",
-        "npm-check-updates": "16.14.17",
+        "npm-check-updates": "16.14.18",
         "nyc": "15.1.0",
         "pre-commit": "1.2.2",
         "proxyquire": "2.1.3",
@@ -27,7 +27,7 @@
         "tape": "5.7.5"
       },
       "peerDependencies": {
-        "@mojaloop/sdk-standard-components": ">=17.x.x"
+        "@mojaloop/sdk-standard-components": ">=18.x.x"
       },
       "peerDependenciesMeta": {
         "@mojaloop/sdk-standard-components": {
@@ -809,9 +809,9 @@
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     "node_modules/@mojaloop/sdk-standard-components": {
-      "version": "17.4.0",
-      "resolved": "https://registry.npmjs.org/@mojaloop/sdk-standard-components/-/sdk-standard-components-17.4.0.tgz",
-      "integrity": "sha512-DheZ4LN/pLjVr1LPYTjAppEGkIVo4R5WYjHh/9GlxXPF4iN5Y9Tn/ZMDeU1WTpKHIoA3wbp7xM/7hkhnmGWBmw==",
+      "version": "18.1.0",
+      "resolved": "https://registry.npmjs.org/@mojaloop/sdk-standard-components/-/sdk-standard-components-18.1.0.tgz",
+      "integrity": "sha512-8g4JuVl3f9t80OEtvn9BeUtlZIW4kcL40f72FZobtqQjAZ+yz4J0BlWS/OEJDpuYV1qoyxGiuMRojKqP2Yio7g==",
       "peer": true,
       "dependencies": {
         "base64url": "3.0.1",
@@ -1245,6 +1245,12 @@
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       "dev": true
     },
+    "node_modules/@types/semver-utils": {
+      "version": "1.1.3",
+      "resolved": "https://registry.npmjs.org/@types/semver-utils/-/semver-utils-1.1.3.tgz",
+      "integrity": "sha512-T+YwkslhsM+CeuhYUxyAjWm7mJ5am/K10UX40RuA6k6Lc7eGtq8iY2xOzy7Vq0GOqhl/xZl5l2FwURZMTPTUww==",
+      "dev": true
+    },
     "node_modules/abbrev": {
       "version": "1.1.1",
       "resolved": "https://registry.npmjs.org/abbrev/-/abbrev-1.1.1.tgz",
@@ -7545,11 +7551,12 @@
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     "node_modules/npm-check-updates": {
-      "version": "16.14.17",
-      "resolved": "https://registry.npmjs.org/npm-check-updates/-/npm-check-updates-16.14.17.tgz",
-      "integrity": "sha512-ElnDdXKe60f8S6RhzFeaGuH2TFJmt2cU2HjLdowldabdm27nWFCxV2ebeP3xGbQkzp2+RPDQNdW9HqU1lcY8ag==",
+      "version": "16.14.18",
+      "resolved": "https://registry.npmjs.org/npm-check-updates/-/npm-check-updates-16.14.18.tgz",
+      "integrity": "sha512-9iaRe9ohx9ykdbLjPRIYcq1A0RkrPYUx9HmQK1JIXhfxtJCNE/+497H9Z4PGH6GWRALbz5KF+1iZoySK2uSEpQ==",
       "dev": true,
       "dependencies": {
+        "@types/semver-utils": "^1.1.1",
         "chalk": "^5.3.0",
         "cli-table3": "^0.6.3",
         "commander": "^10.0.1",
@@ -10896,9 +10903,9 @@
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     "node_modules/tar": {
-      "version": "6.1.15",
-      "resolved": "https://registry.npmjs.org/tar/-/tar-6.1.15.tgz",
-      "integrity": "sha512-/zKt9UyngnxIT/EAGYuxaMYgOIJiP81ab9ZfkILq4oNLPFX50qyYmu7jRj9qeXoxmJHjGlbH0+cm2uy1WCs10A==",
+      "version": "6.2.1",
+      "resolved": "https://registry.npmjs.org/tar/-/tar-6.2.1.tgz",
+      "integrity": "sha512-DZ4yORTwrbTj/7MZYq2w+/ZFdI6OZ/f9SFHR+71gIVUZhOQPHzVCLpvRnPgyaMpfWxxk/4ONva3GQSyNIKRv6A==",
       "dev": true,
       "dependencies": {
         "chownr": "^2.0.0",
@@ -12494,9 +12501,9 @@
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     "@mojaloop/sdk-standard-components": {
-      "version": "17.4.0",
-      "resolved": "https://registry.npmjs.org/@mojaloop/sdk-standard-components/-/sdk-standard-components-17.4.0.tgz",
-      "integrity": "sha512-DheZ4LN/pLjVr1LPYTjAppEGkIVo4R5WYjHh/9GlxXPF4iN5Y9Tn/ZMDeU1WTpKHIoA3wbp7xM/7hkhnmGWBmw==",
+      "version": "18.1.0",
+      "resolved": "https://registry.npmjs.org/@mojaloop/sdk-standard-components/-/sdk-standard-components-18.1.0.tgz",
+      "integrity": "sha512-8g4JuVl3f9t80OEtvn9BeUtlZIW4kcL40f72FZobtqQjAZ+yz4J0BlWS/OEJDpuYV1qoyxGiuMRojKqP2Yio7g==",
       "peer": true,
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@@ -12837,6 +12844,12 @@
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       "dev": true
     },
+    "@types/semver-utils": {
+      "version": "1.1.3",
+      "resolved": "https://registry.npmjs.org/@types/semver-utils/-/semver-utils-1.1.3.tgz",
+      "integrity": "sha512-T+YwkslhsM+CeuhYUxyAjWm7mJ5am/K10UX40RuA6k6Lc7eGtq8iY2xOzy7Vq0GOqhl/xZl5l2FwURZMTPTUww==",
+      "dev": true
+    },
     "abbrev": {
       "version": "1.1.1",
       "resolved": "https://registry.npmjs.org/abbrev/-/abbrev-1.1.1.tgz",
@@ -17557,11 +17570,12 @@
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     "npm-check-updates": {
-      "version": "16.14.17",
-      "resolved": "https://registry.npmjs.org/npm-check-updates/-/npm-check-updates-16.14.17.tgz",
-      "integrity": "sha512-ElnDdXKe60f8S6RhzFeaGuH2TFJmt2cU2HjLdowldabdm27nWFCxV2ebeP3xGbQkzp2+RPDQNdW9HqU1lcY8ag==",
+      "version": "16.14.18",
+      "resolved": "https://registry.npmjs.org/npm-check-updates/-/npm-check-updates-16.14.18.tgz",
+      "integrity": "sha512-9iaRe9ohx9ykdbLjPRIYcq1A0RkrPYUx9HmQK1JIXhfxtJCNE/+497H9Z4PGH6GWRALbz5KF+1iZoySK2uSEpQ==",
       "dev": true,
       "requires": {
+        "@types/semver-utils": "^1.1.1",
         "chalk": "^5.3.0",
         "cli-table3": "^0.6.3",
         "commander": "^10.0.1",
@@ -20099,9 +20113,9 @@
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     "tar": {
-      "version": "6.1.15",
-      "resolved": "https://registry.npmjs.org/tar/-/tar-6.1.15.tgz",
-      "integrity": "sha512-/zKt9UyngnxIT/EAGYuxaMYgOIJiP81ab9ZfkILq4oNLPFX50qyYmu7jRj9qeXoxmJHjGlbH0+cm2uy1WCs10A==",
+      "version": "6.2.1",
+      "resolved": "https://registry.npmjs.org/tar/-/tar-6.2.1.tgz",
+      "integrity": "sha512-DZ4yORTwrbTj/7MZYq2w+/ZFdI6OZ/f9SFHR+71gIVUZhOQPHzVCLpvRnPgyaMpfWxxk/4ONva3GQSyNIKRv6A==",
       "dev": true,
       "requires": {
         "chownr": "^2.0.0",
diff --git a/package.json b/package.json
index a1ab167..56a7616 100644
--- a/package.json
+++ b/package.json
@@ -49,7 +49,7 @@
     "lodash": "4.17.21"
   },
   "peerDependencies": {
-    "@mojaloop/sdk-standard-components": ">=17.x.x"
+    "@mojaloop/sdk-standard-components": ">=18.x.x"
   },
   "peerDependenciesMeta": {
     "@mojaloop/sdk-standard-components": {
@@ -59,7 +59,7 @@
   "devDependencies": {
     "@hapi/boom": "10.0.1",
     "audit-ci": "^6.6.1",
-    "npm-check-updates": "16.14.17",
+    "npm-check-updates": "16.14.18",
     "nyc": "15.1.0",
     "pre-commit": "1.2.2",
     "proxyquire": "2.1.3",