With countless numbers of transactions occurring around the globe, the need for accurate and up-to-date cross-border payment information is essential. In addition, rising fees due to inaccurate IBAN data is putting pressure on banks and corporations worldwide to increase efficiencies when processing IBAN payments. An increase in the update frequency of data gives Accuity customers the ability to receive data changes faster, leading to improved payment straight through processing (STP) rates and a reduction in associated costs.
“There are an incredible amount of changes related to IBANs and their connected SWIFT/BICs. Accuity recognizes that in order for organizations to maximize payment STP rates, daily updates to this information is crucial,” said David Leverenz, Accuity’s director of product management and development. “Accuity is dedicated to developing these types of products and services that can improve payment STP rates, reduce expenses associated with transaction error corrections and provide added value to our customers.”
Accuity was first-to-market with an IBAN solution in 2001. Today, Accuity’s IBAN solutions are in production at client sites worldwide.
About Accuity
Accuity, a SourceMedia company, is a leading provider of data, software and services that allow organizations, across multiple industries, to maximize efficiency and facilitate compliance of their transactions.
As the Official Registrar of ABA Routing Numbers since 1911, Accuity maintains the most authoritative and comprehensive databases globally with a reputation built on the accuracy and quality of our data, products and services.
For more than 150 years our worldwide clients, located in over 150 countries, include C-level executives, managers, and technology professionals. The solutions and services we provide are packaged in multiple formats to serve their diverse needs.
About SourceMedia, Inc.
SourceMedia provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. Its flagship publications, including American Banker, National Mortgage News, The Bond Buyer, and Accounting Today, have helped build SourceMedia’s reputation as the pre-eminent information source in its respective markets. Consulting services, software, and data provided through its two divisions, National Regulatory Services (NRS) and Accuity, facilitate regulatory compliance, funds registration and data flow among institutions in the investment, insurance, and banking industries.
The news, information, integrated data, consulting services, and marketing solutions SourceMedia delivers is packaged in any format customers prefer and need – in person, in print, or online, including newspapers and magazines, reference directories, database products, software, Web seminars and live events.
SourceMedia’s 750,000 worldwide clients and subscribers range from C-level executives to business-unit heads to line managers – from the front office to the middle office to the back office. SourceMedia employs more than 1,000 employees worldwide, with headquarters in New York and offices in Chicago, Washington, DC, and London.
www.accuitysolutions.com
“There are an incredible amount of changes related to IBANs and their connected SWIFT/BICs. Accuity recognizes that in order for organizations to maximize payment STP rates, daily updates to this information is crucial,” said David Leverenz, Accuity’s director of product management and development. “Accuity is dedicated to developing these types of products and services that can improve payment STP rates, reduce expenses associated with transaction error corrections and provide added value to our customers.”
Accuity was first-to-market with an IBAN solution in 2001. Today, Accuity’s IBAN solutions are in production at client sites worldwide.
About Accuity
Accuity, a SourceMedia company, is a leading provider of data, software and services that allow organizations, across multiple industries, to maximize efficiency and facilitate compliance of their transactions.
As the Official Registrar of ABA Routing Numbers since 1911, Accuity maintains the most authoritative and comprehensive databases globally with a reputation built on the accuracy and quality of our data, products and services.
For more than 150 years our worldwide clients, located in over 150 countries, include C-level executives, managers, and technology professionals. The solutions and services we provide are packaged in multiple formats to serve their diverse needs.
About SourceMedia, Inc.
SourceMedia provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. Its flagship publications, including American Banker, National Mortgage News, The Bond Buyer, and Accounting Today, have helped build SourceMedia’s reputation as the pre-eminent information source in its respective markets. Consulting services, software, and data provided through its two divisions, National Regulatory Services (NRS) and Accuity, facilitate regulatory compliance, funds registration and data flow among institutions in the investment, insurance, and banking industries.
The news, information, integrated data, consulting services, and marketing solutions SourceMedia delivers is packaged in any format customers prefer and need – in person, in print, or online, including newspapers and magazines, reference directories, database products, software, Web seminars and live events.
SourceMedia’s 750,000 worldwide clients and subscribers range from C-level executives to business-unit heads to line managers – from the front office to the middle office to the back office. SourceMedia employs more than 1,000 employees worldwide, with headquarters in New York and offices in Chicago, Washington, DC, and London.
www.accuitysolutions.com