Reed Business Information Completes Acquisition of Accuity
November 1, 2011 – Reed Business Information announced today that its acquisition of Accuity Inc. has been completed.
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Accuity Issues Critical UN and EU Sanctions Data Enhancements for AML Regulatory Compliance
Skokie, IL – October 26, 2011 – Accuity, the leading provider of payment routing data, AML screening data and software and professional services, announced today the expansion of its industry-leading sanctions data coverage. Companies will now have access to critical information not found on the standard United Nations (UN) and European Union (EU) sanctions lists to help banks and corporations reduce regulatory risk and comply with global anti-money laundering (AML) sanctions. These enhancements will allow organizations to identify and avoid doing business with groups associated with terrorism, money laundering, or illicit financial activities.
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Accuity Volunteers Serve Chicagoland
Skokie, IL – October 20, 2011 – In 2010, the employees of Accuity, the leading provider of payment routing data, AML screening data and software and professional services, headquartered in Skokie, IL, formed a volunteer program called Accuity in Action, with the goal of supporting and giving back to the community through various hands-on experiences.
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Accuity Provides Comprehensive Clearing System Data to Enhance Payment Routing via Industry-Leading Solution
October 5, 2011 – Accuity, the leading provider of payment routing data, AML screening data and software and professional services, continues to deliver access to the industry’s most complete database of global payment clearing systems information to maximize choice, lower costs and achieve intelligent payment routing via its powerful online payment look-up tool, The Global Banking Resource™ (TGBR).
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Reed Elsevier Announces Definitive Agreement to Acquire Accuity
September 26, 2011 – Reed Elsevier announced today that it has entered into a definitive agreement to acquire the entire issued share capital of Accuity Holdings Inc. from Investcorp, a global investment firm, for a consideration of £343m payable in cash.
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Accuity's Professional Services Group Provides Critical Expertise for Firms Facing Growing Fraud, Bribery and Corruption Risk
Skokie, IL – September 21, 2011 -- Accuity, the leading provider of payment routing data, AML data and screening software and services, is pleased to announce its Professional Services Group (PSG) provides the industry’s most comprehensive and focused expertise to help companies proactively develop and implement comprehensive U.S. Foreign Corrupt Practices Act (FCPA) and U.K. Bribery Act programs to minimize risk and avoid fines and reputational damage from high-risk entities.
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Accuity Releases Comprehensive Payments Solution for IBAN and SEPA Compliance
Skokie, IL — September 19, 2011 — Accuity, the leading provider of payment routing data, AML data and screening software and services, has today announced the release of IBAN Complete, the most comprehensive solution for IBAN and SEPA (Single Euro Payments Area) payments. As both banks and corporates look to implement systems to meet SEPA standards, Accuity is launching IBAN Complete, a much-needed solution to facilitate SEPA-compliant payments. Leveraging its central role between global banks, government agencies, central banks and issuing authorities, Accuity is uniquely able to deliver high-quality data and ensure the accuracy of the IBAN conversion and validation process.
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Accuity's Award-Winning AML Compliance Solution Provides Intuitive Screening, Sophisticated Functionality and the Industry's Leading False Positive Reduction Process
Skokie, IL — September 19, 2011 — Accuity, the leading provider of payment routing data, AML data and screening software and services, is pleased to announce its premier AML compliance solution, Compliance Link, provides the most robust compliance filtering and matching technology in the industry. Named “Best-in-Class Watch-List Filtering Solution” in the Aite Group’s 2011 Global Anti-Money Laundering Vendor Evaluation report, Compliance Link provides users with a wealth of tools to meet growing regulatory requirements. From data enhancements and customized risk scoring capabilities to multiple screening algorithms and the most sophisticated false positive reduction capabilities available in the industry, Compliance Link is the end-to-end solution to streamline AML compliance workflow and screening processes.
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Accuity responds to increased risk of AML violations from Middle East and North Africa unrest
Skokie, IL — July 12, 2011 — Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening data and software and professional services, has made three new additions to its Global WatchList®, the firm’s comprehensive collection of sanctions, enhanced due diligence and politically exposed persons lists. These new lists, covering entities from three of the most unstable countries in the Middle East and North Africa – Libya, Syria and Egypt – will provide clients with extra protection and assist them with reducing the reputational risk of doing business with sanctioned or high-risk persons and organizations.
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Accuity and Early Warning Launch Combined Service
Skokie, IL – June 21, 2011—Accuity, the leading data, software and services provider for global payment routing and Anti-Money Laundering (AML) compliance, is collaborating with Early Warning Services®, LLC “Early Warning”, a recognized leader in fraud prevention and risk management, to provide a streamlined, electronic solution that will assist financial services organizations (FSOs) when responding to asset verification requests on behalf of government assistance programs.
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Accuity Anchors Deal with IHS Fairplay to Provide its Clients with 10x More Vessels than OFAC SDN
SKOKIE, IL – June 20, 2011—Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening software and services, today announced the integration of maritime information from IHS Fairplay into its Global WatchList® data. This additional data will bolster Accuity’s ability to provide the most up-to-date and comprehensive coverage available for vessels associated with Office of Foreign Assets Control (OFAC) sanctioned countries.
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Accuity's Marks Centennial as ABA Routing Number Registrar with Exhibit at Federal Reserve of Chicago's Money Museum
Skokie, IL — June 1, 2011 — After a two-month appearance in New York’s Museum of American Finance, Accuity, based in Skokie, Illinois, is proud to display the original 1911 American Bankers Association’s Key to Routing Numbers directory at the Federal Reserve of Chicago’s Money Museum. The 100-year-old directory will debut on Tuesday, June 7 with an open-house, at which Hugh Jones, CEO of Accuity will be available for comment.
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Accuity's Market-Leading One-Stop Approach to AML Compliance Goes beyond Other Offerings
Skokie, IL — May 19, 2011 — Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening software and services, has for years been one of the few providers in the industry to offer both a filtering technology for AML compliance and the data that powers it. “We are pleased to see that other firms are finally realizing the value that a combined filter and data solution for AML and KYC can offer to the market,” said Hugh Jones, Accuity’s President and CEO. “But the truth of the matter is that approach only gets you half way there.”
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Accuity's TGBR Reduces Costs and Increases Payment Efficiency With the Industry's Most Complete Database of National Bank Codes
Skokie, IL — May 11, 2011 — Accuity, the leading provider of payment routing data is pleased to announce its powerful online payment look-up tool, The Global Banking Resource (TGBR), offers the industry's largest and most trusted database of national bank codes for countries and territories around the world. The collection of national bank codes that Accuity has compiled, along with the most complete database of SWIFT/BICs, CHIPS and bank details for every office in every country around the word, allows Accuity to offer the most comprehensive set of payments data available.
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Accuity Responds to the Continuing Libyan Crisis by Systematically Enhancing Global Sanctions Lists
LONDON, UK — April 7, 2011— Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening software and services, today announced significant enhancements to its anti-money laundering and compliance offering – enhancements that have been developed in the light of the escalating situation in Libya.
Accuity Introduces Middle East Screening Solution to Help Defend against Increasing Risk from Unrest in the Region
Skokie, IL — March 29, 2011 — Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening software and services, has introduced its Middle East Screening Solution that will enable customers to respond quickly and effectively to changing levels of risk associated with political turmoil in the Middle East and North Africa. This unique set of tools and enhanced data is specifically designed to address rapidly changing political environments.
Bank of Beijing Undertakes New Initiative to Incorporate Accuity’s AML Solutions
London - 1 March 2011 - Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening software, and services, is pleased to announce that Bank of Beijing, one of China’s largest commercial banks, has selected Accuity’s Compliance Link and Global WatchList®.
Accuity's Industry-Leading TGBR Database Provides Optimal Payment Routing Data for Lowest Costs and Highest Efficiency
Skokie, IL — March 8, 2011 — Accuity, the leading provider of payment routing data, AML screening software and services, is pleased to announce its powerful online payment look-up tool, The Global Banking Resource™ (TGBR), provides the industry’s largest collection of Correspondent by currency and Standard Settlement Instructions (SSIs) account data critical to helping achieve Intelligent Payment Routing.
Accuity Marks Centennial as ABA Routing Number Registrar with Exhibit at Museum of American Finance in New York
Skokie, IL — February 23, 2011 — Accuity, the leading provider of global payments routing data, AML screening software and services is celebrating the centennial anniversary of its status as the Official ABA Routing Number Registrar and the publication of the first American Bankers Association Key to Routing Numbers directory.
Accuity selected as the Isle of Man Law Society’s AML e-verification supplier for PEP and Sanctions screening
London, UK — January 24, 2011 — Accuity, the leading worldwide provider of regulatory screening software and services, has been selected by the Isle of Man Law Society as its preferred supplier of AML e-verification solutions. As the representative and regulatory body of the law firms on the Isle of Man, The Law Society is introducing a range of products and services to assist its members in complying with anti-money laundering obligations. Providing its members access to Accuity’s solutions is considered key to achieving this goal.
Accuity brings on Director of Government Services
Skokie, IL – January 19, 2011 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, is pleased to announce that Mr. Paul F. Soczynski has joined the company in the newly-created position of Director of Government Services.
Accuity Selected by Another Tier 1 Global Bank to Assist Corporate Customers with SEPA Compliance
London, UK – December 16, 2010 – Accuity, the leading provider of global payment routing data and solutions for SEPA compliance, today announced that Deutsche Bank will recommend Accuity’s international bank account number (IBAN) conversion and validation solutions to help their corporate clients meet the compliance challenges of the Single Euro Payment Area (SEPA) initiative. Accuity has similar partnership agreements with Bank of America Merrill Lynch and BNP Paribas.
Accuity Partners with Datanomic for Powerful Joint Sanctions Screening
Cambridge, UK - December 7, 2010 - Risk & compliance screening and enterprise data management specialist, Datanomic, today announced a technology partnership with Accuity, the leading data, software and services provider for global payment routing and Anti-Money Laundering (AML) compliance. The partnership brings together two of the industry's leading compliance organizations to deliver the most powerful screening solution for identifying sanctioned individuals and entities, Politically Exposed Persons (PEPs) and other high-risk individuals and organizations.
Accuity Introduces Chinese Language Functionality for Online Compliance
SKOKIE, IL - September 10, 2010 - Accuity, the leading provider of global payment routing data, AML screening software, and services, today unveiled Chinese language functionality for its Web-based look-up tool, Online Compliance, powered by WorldCompliance.
Bank of America Merrill Lynch Selects Accuity’s IBAN Solutions to Help Its Corporate Clients Achieve SEPA Compliance
LONDON, UK - July 1, 2010 - Bank of America Merrill Lynch (BofA Merrill) today announced that it has selected Accuity's international bank account number (IBAN) conversion and validation solutions to help corporate clients successfully meet the compliance challenges of the Single Euro Payment Area (SEPA) initiative. These solutions can help reduce the cost to clients of processing eurozone payments by automatically converting legacy account details into valid IBANs and correct routing Bank Identifier Codes (BICs).
BNP Paribas Cash Management Selects Accuity’s IBAN/BIC Solutions to Help International Clients with SEPA Migration
London, UK - July 1, 2010 - BNP Paribas Cash Management has selected Accuity, the leading worldwide provider of payment routing data, AML screening software and services, for its IBAN Solutions to expand its BBAN (Basic Bank Account Number)-to-IBAN (International Bank Account Number)/BIC (Bank Identifier Code) conversion capabilities. These new solutions have been deployed to support the specific needs of the bank's international corporate clients as they make the transition to SEPA.
Accuity Contributes to Internet Fraud Alert Project in Support of NCFTA’s Ongoing Fight against Online Fraud
SKOKIE, IL - June 21, 2010 - Accuity, the leading provider of global payment routing data, anti-money laundering (AML) screening software, and services, has partnered with the National Cyber-Forensics and Training Alliance (NCFTA), along with Microsoft, the American Bankers Association (ABA), Citizens Bank, eBay, the Federal Trade Commission, the National Consumers League and PayPal, for the release of Internet Fraud Alert, the only program of its kind that helps mitigate the risks of online fraud.
Accuity Increases Performance of Compliance Link, Its Leading Anti-Money Laundering Compliance Solution
SKOKIE, IL - June 14, 2010 - Accuity, the leading provider of global payment routing data, anti-money laundering (AML) screening software and services, is introducing a new version of Compliance Link, its modular, enterprise-wide interdiction screening solution. Version 1.3 of the hosted solution will be available to customers later this month and features several enhancements that will help to streamline users' screening processes.
Accuity Now Provides Daily Updates to Its Global Payment File
SKOKIE, IL - April 26, 2010 - 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). Users will be able to access the most current information in order to reduce the amount of time spent researching and correcting information necessary for creating domestic and cross-border payment messages.
Accuity Advances Sanctions Screening with Compliance Link
SKOKIE, IL – March 2, 2010 – Accuity, the leading provider of global payment routing data, Anti-Money Laundering (AML) screening software, and services, has introduced a Translation Module for Compliance Link, its modular, enterprise-wide interdiction screening solution. The module enables companies to manage entity records in multiple languages and character sets within their AML, Counter-Terrorism Financing (CTF) and Know Your Customer (KYC) processes.
Accuity Enhances SSI Presentment in The Global Banking Resource
SKOKIE, IL – February 9, 2009 – Accuity, the leading provider of payment routing data, AML screening software and services is pleased to introduce new enhancements that have been made to its industry-leading online payment look-up tool, The Global Banking Resource™ (TGBR). The Correspondents page on TGBR has been reconfigured to allow users to more easily associate correspondents with specific beneficiary SWIFT/BIC or CHIPS UID payment code.
Accuity Acquires Stake in WorldCompliance
Skokie, IL – February 8, 2010 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, is pleased to announce that it has acquired a significant minority stake in World Compliance, Inc., the Miami, Florida-based Open Source Intelligence company.
Hugh Jones Named CEO of Accuity
Skokie, IL – January 20, 2010 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, has announced the appointment of Hugh M. Jones IV as Chief Executive Officer of Accuity and NRS.
Accuity and Norkom Collaborate to Offer Robust Compliance Solutions to Customers
SKOKIE, IL – January 7, 2009 – Accuity, the leading provider of payment routing data, AML screening software and services, and Norkom, the leading provider of financial crime and compliance software solutions to the global financial services industry, have joined forces to offer additional value to customers. Through a collaborative development effort, Norkom and Accuity have built the necessary points of integration making Accuity’s Global WatchList® compliance data fully functional within Norkom’s financial crime and compliance software suite.
Accuity Enhances Its Industry-Leading Global Payments Data File
SKOKIE, IL – December 2, 2009 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, is pleased to announce the availability of Global Payment File™-Plus (GPF-Plus) 2.1 – a new version of its comprehensive collection of payment and other essential information for all bank offices worldwide. This release further enhances what has become the industry’s Golden Copy of payment processing data.
Accuity's Solutions Voted "Best Payment Product" at 2009 Banking Technology Awards
London, UK — November 6, 2009 — Accuity, the leading provider of payment routing data, AML screening software and services, was awarded "Best Payment Product" in the Readers' Choice category at the Banking Technology Awards ceremony, held November 5 at the Grosvenor House Hotel, Park Lane in London.
Accuity leads the way in ensuring SEPA Direct Debit payment success with enhanced data identifying participating banks
LONDON, UK – November 4, 2009 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, has enhanced its industry-leading payments data with information to identify SEPA Direct Debit-compliant financial institutions and help customers seamlessly process direct debit payments across the SEPA region. By offering this critical information, Accuity reinforces its ability to provide clients with what has become the industry’s Golden Copy of payment data.
Accuity helps UK law firm avoid investigation, fines and protect reputation with Online Compliance
London, UK — November 4, 2009 — Within days of employing Accuity’s powerful online look-up tool for researching and identifying Politically Exposed Persons (PEPs), sanctioned entities and other high-risk individuals and businesses, a top 100 UK law firm protected its reputation and avoided an investigation and possible fines by identifying and reporting a financial relationship with an entity that is associated with a company on two U.S. sanctions lists.
Accuity Incorporates Batch Functionality in the New Version of IBAN Payment Resource to Further Enhance Research Efficiency
Skokie, IL – October 20, 2009 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, has launched version 3.1 of IBAN Payment Resource, its industry-leading online look-up tool for validating and converting International Bank Account Numbers (IBANs). The newest version offers important enhancements, including batch processing for hundreds, even thousands of records simultaneously.
Accuity's acquisition of CB.Net delivers payments industry its "Golden Copy"
London, UK – September 14, 2009 - Accuity's acquisition of CB.Net in December 2008 merged two of the world's largest payment data providers, creating the industry's first truly "Golden Copy" of critical payment routing data. This acquisition has made Accuity the largest, most comprehensive payments data provider globally with more Standard Settlement Instructions (SSIs) than any other company in the industry. Accuity's Golden Copy offers the industry a single source of payments data, covering all bank offices worldwide to help improve rates of payment STP and reduce costs.
Accuity Includes Vessel Name Updates in Global WatchList®
SKOKIE, IL – July 21, 2009 – Accuity, the leading provider of payment routing data, AML screening software and services, has announced an enhancement to Global WatchList, its industry-leading collection of regulatory and enhanced due diligence lists, that enables customers to conduct comprehensive screening for blocked vessels even if they change their names. This enhanced data, which is collected from multiple sources, is designed to identify blocked vessels regardless of whether a ship's owners change its name in response to being listed on the Office of Foreign Asset Control (OFAC) Specially Designated Nationals (SDN) list.
Accuity Launches Screening Alert Report Service to Maximize AML Compliance Efforts
SKOKIE, IL – June 3, 2009 – Accuity, the leading provider of payment routing data, AML screening software and services, has added the Screening Alert Report Service to its extensive suite of compliance solutions.
Accuity/CB.Net Partners with Irish Payment Services Organisation Ltd.(IPSO)
LONDON, UK – 27 May, 2009 – Accuity/CB.Net, the leading payment reference data, software and services provider today announced that it is working with the Irish Payment Services Organisation Ltd. (IPSO) to provide services to manage the National Sort Code (NSC) Directory.
Accuity Launches New Version of IBAN Payment Resource to Further Enhance Payment STP Rates and Research Efficiency
SKOKIE, IL – May 25, 2009 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, has launched version 2.2 of IBAN Payment Resource, its industry-leading online look-up tool for validating and converting international bank account numbers...
Accuity selected as the UK Law Society’s preferred AML e-verification supplier for PEP and Sanctions screening
London, UK — May 20, 2009 — Accuity, the leading worldwide provider of regulatory screening and payment routing data, software and services, has been selected by The Law Society as its preferred supplier of AML e-verification solutions....
Accuity Enhances Its Payment Data for SAP® Systems with Local Language Data
SKOKIE, IL – May 15, 2009 – Accuity, the leading worldwide provider of payment routing data, AML screening software and services, has announced a key enhancement to its financial institution data and routing information database for SAP systems, Global Payment File™ -ERP XML (GPF-ERP XML).
Accuity Releases Key Enhancements to Its Payment Solutions to Further Streamline Payment Processing
SKOKIE, IL – April 2, 2009 – Accuity, the leading worldwide provider of payment routing data, AML screening solutions and professional services, has introduced significant updates to its Payment Solutions product line.
Accuity and NRS Management Update
SKOKIE, IL – March 25, 2009 – Accuity, the leading provider of global payment routing data and AML screening services and National Regulatory Services (NRS), a division of SourceMedia that is the nation’s leader in compliance and registration products and services for investment advisers, broker-dealers, investment companies and insurance institutions, announced today that they have integrated their management teams and will be offering bundled products and services to the market. Hugh Jones, President of Accuity, has assumed the same role with NRS and is now responsible for managing the daily operations of both businesses. John Gebauer, formerly President of NRS, has taken the role of Managing Director for NRS.
Accuity Acquires CB.Net
LONDON, UK – February 4th, 2009 – Accuity, the global leading provider of payment routing data, AML screening software and services, today announced that it has acquired 100% of London-based CB.Net, a reference data provider for the global banking community. The acquisition, which is effective immediately, brings together two of the world’s largest payment data providers. Thousands of financial institutions and corporates worldwide already rely on Accuity and CB.Net to improve rates of payment straight through processing (STP).
Accuity Introduces Chinese Language Functionality for The Global Banking Resource™
SKOKIE, IL – January 8, 2009 – Accuity, the leading provider of global payment routing data, AML screening software and services, today unveiled Chinese language functionality for its industry-leading online look-up tool, The Global Banking Resource™ (TGBR).