Accuity: Optimizing Payment Processes of Banks

Like most industries, the traditional banking industry has gone through major disruptions due to digitization. Many fintech companies and startups have developed a pool of digital banking services that enhance banking processes, lower service costs, and facilitate access to customers. Accuity is one of such companies that facilitate all of it. Based in Evanston, USA, Accuity is a fintech solutions provider that provides routing data to help banks optimize their processes. The company extends innovative solutions to manage risk and compliance, optimize payment pathways, provide critical industrial insights, and streamline banking processes.

With extensive experience in the industry, the firm delivers fitting solutions to strengthen its clients’ businesses to prepare them for an uncertain future. Bankers Almanac for Payments is one of Accuity’s flagship product offering. It allows clients to process payments to and from any location.

Bankers Almanac for Payments is equipped with accurate, up-to-date financial data, and trusted routing information.

Another major offering of the company, the Bankers Almanac for Risk and Compliance protects clients from potential compliance fines and reputation damage. It provides accurate and comprehensive information on global financial institutions and enables banks to manage counterparty risk decisions confidently. A team of over 140 analysts constantly update the data, which is available in 19 different languages. Financial counterparty KYC, account screening, transaction screening, trade compliance screening, US securities industry compliance, global and regional payments, IBAN payments, and ABA registrar are also the company’s fintech solutions.

Accuity’s primary goal is to protect the reputations of its clients and that’s the reason numerous financial institutions, finance technology companies, and governments rely on Accuity’s solutions. The company has developed strong faith for its solutions among its clientele over the years by providing improved payment operations and greater clarity on compliance and risk and continues to do so.