Accuity Now Provides Daily Updates to its Global Payment File

CHICAGO, April 26 /PRNewswire/ -- Accuity, the leading provider of global payment routing data, anti-money laundering (AML) screening software and services, now provides daily updates to its industry-leading Global Payment File-Plus (GPF-Plus) to reduce the amount of time users spend researching and correcting information necessary for creating domestic and cross-border payment messages.

Accuity's GPF-Plus is the industry's Golden Copy of payment data, providing essential and readily-accessible payment information with precise and comprehensive data for all bank offices worldwide. The information contained in GPF-Plus features a profound level of detail – in addition to accessing complete information on contacts, correspondents/SSIs, national bank codes, SWIFT/BICs, clearing systems and more users are able to determine specific SWIFT/BICs used for SSIs as well as identify subcategories regarding the usage of specific SSIs (commercial payments, trade finance, foreign exchange, etc.).

"There is an incredible volume of changes constantly being made to bank and payments data," said Bob McKay, Accuity's managing director of Business Development.  "Accuity recognizes that in order for organizations to maximize payment STP rates, daily updates to this information are crucial.  With over 250 updates per year, GPF-Plus allows customers to access the most up-to-date information available."

Accuity makes nearly 5000 changes to its financial institution database every day, half of which are changes to payment codes, SSIs, clearing attributes and locations.  That means a change occurs every 18 seconds!  Having access to these changes each day, via GPF-Plus, will eliminate the need to research inactive bank codes, SSIs, bank names and more ensuring accurate payment setups and avoiding failed payments.

Accuity invites all attendees of this week's NACHA Payments 2010 conference to stop by Booth #809 to learn more about its industry-leading payment solutions, and Accuity's ability to help companies manage the entire payment data life cycle, i.e. validation, clean up, conversion, ongoing maintenance and ad-hoc look-ups.  Interested parties may find information online at www.accuitysolutions.com/NACHA2010.

About Accuity, www.accuitysolutions.com

Accuity is the leading provider of global payment routing data, AML screening software and services that allow organizations, across multiple industries, to maximize efficiency and facilitate compliance of their transactions.  Accuity maintains the most authoritative and comprehensive databases globally with a reputation built on the accuracy and quality of our data, products and services.  Only Accuity has the following key strategic partnerships:

• Accuity – official registrar for the American Bankers Association routing numbers
• Accuity – official provider of the Euro Banking Association Priority Payment Scheme central registry
• Accuity – official provider of the European Payments Council SEPA adherence database
• Accuity – official provider of the Irish Payments Services Organisation's (IPSO) directory of National Sort Code database

For more than 150 years, our worldwide clients, located in over 150 countries, have included C-level executives, managers and technology professionals.  The solutions and services we provide are packaged in multiple formats to serve their diverse needs.

SOURCE Accuity

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