Keeping up with payments data for global suppliers, vendors, clients, and employees is a challenge. Constant banking changes can mean that the payment that goes through today may become invalid tomorrow. This form of payments data decay can put payments and your reputation at risk, especially if it’s not properly maintained over time.
With the Bankers Almanac Global Payments Data Cleanse service, you can trust that your outdated or incorrect payments information is removed and accurate information is sourced in its place.
Using an approach involving automated screening and manual review by our team of experts, our Global Payments Data Cleanse checks your data for accuracy before standardising, repairing, and harmonising it where necessary.
Global Payments Data Cleanse enables you to:
- Enrich your legacy records with additional fields, such as SWIFT/BIC where needed
- Reduce the risk of data decay in your current database
- Ensure missing bank data doesn’t stop you from taking advantage of global business opportunities