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Accuity Insights

Faster Payments: The American Dream

At the moment, the United States is lagging behind other countries when it comes to the processing speed of its payments; there are already countries in Europe and Asia that are able to make instant payments. Despite the 24/7 culture that is so prevalent in the U.S., 24/7 payments are not yet an American reality. That […]
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Accuity Insights

Faster Payments: Establishing Standards

Faster payments are on their way, albeit more slowly than many of us would like. By faster payments we mean real-time payments across the globe for all payments, be they large or small, corporate or non-corporate. Although the momentum for faster payments is building, there is still quite a lot behind the scenes that needs […]
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Accuity Insights

Accuity Opens New Frankfurt Office

Accuity, the leading global provider of Payments, KYC, Risk and Compliance solutions, has just opened a new office in Frankfurt to serve its rapidly expanding client base in the Deutschland, Austria & Switzerland region. The team is led by Regional Director Thilo Schreyer and will focus on servicing existing client accounts, as well as developing new […]
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Accuity Insights

Faster Payments: Making Real Time a Reality

What’s the really hot topic at all the payments conferences at the moment? Faster payments. It is the topic of conversation everywhere and some countries are doing more than just talking– they are making moves to turn it into a reality. The UK has the Faster Payments service, Singapore has G3 and Australia the New […]
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Accuity Insights

New Indian Payments Rules for Corporations

Corporate Treasurer has reported that in India, corporations are now allowed to conduct banking activities to enable them to target individuals without bank accounts. Henry Balani, Accuity’s Head of Innovation, observes that the responsibility being placed upon corporate treasurers will increase significantly as a result of the additional compliance issues and operational requirements which will undoubtedly emerge from the […]
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Accuity Insights

Virtual Currencies: New Guidance from FATF

FATF have just released guidance on how countries should deal with virtual currencies. This report is significant as it acknowledges the growth of alternative forms of digital payments and the risks it imposes. However, what is also significant is that it urges member countries to update their AML/CTF regulations to incorporate the risks to both the Bitcoin […]
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Accuity Insights

The International Ambition for Faster Payments

There is increasing pressure to clear payments in real time, especially with recent advances in technology and standards.  Sarkis Akmakjian, Senior Director Product Management discusses how the introduction of the ISO 20022 standard is affecting the push for faster payments and sounds a cautionary note. The payments industry everywhere is talking about faster payments. The […]
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Accuity Insights

The FinTech Market is Red Hot!

When Goldman Sachs decides to make serious investments into the FinTech market, you know there is something going on (1). According to the Economist,  in 2014, there was $12 billion of investment up from $4 billion in 2013 (2).  What gives? The answer is pretty simple.  These new FinTech disruptors promise to cut costs and improve […]
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