18 October 2017
Find out more

Accuity signs Earthport

26 June 2017  |  2292 views  |  0 Source: Accuity

Earthport, the payment provider transforming the future of cross-border payments, has chosen Accuity, the leading regtech provider of financial crime compliance, payments and know-your-customer (KYC) solutions, to power its payments platform, giving its clients a faster and more secure international payment service.

Accuity has built a tailored solution for Earthport, comprising payment support together with broader compliance solutions for screening transactions and customers. The combination of these solutions alongside Earthport’s technology means customers can make transactions instantly, with banks using their liquidity to deposit funds immediately. This represents an advancement in the industry, given that the industry standard transaction time is a minimum of two hours.

Rosie Faulkner, MLRO, Earthport commented: “One way we continue to retain our position as best in class for instant transactions is by constantly reviewing the best compliance solutions. Accuity is a natural choice for us as its technology is at the forefront when it comes to compliance and payments. It offers the peace of mind that our clients’ transactions are certain, safe and compliant. Having a solution tailored to our payments business means that no matter where in the world our clients want to make a transaction, we can facilitate it.”

Bob McKay, Managing Director, Accuity, added: “The move points to an emerging trend in working partnerships between fintech and regtech providers. Tailoring solutions to specific clients means we can work in an agile way and support any fintech or larger organisation that wants to protect its customers and reputation.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Accuity

Related blogs

Create a blog about this story (membership required)
visit www.vasco.com Register now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15123 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8341 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7831 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7247 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6406 views comments | 8 tweets | 16 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job