Earthport Taps Accuity for Tailored Payments and Compliance Solution

Earthport Taps Accuity for Tailored Payments and Compliance Solution
26.06.2017 07:45 am

Earthport Taps Accuity for Tailored Payments and Compliance Solution

Payments , Security , Compliance , AML and KYC

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.”

 

Related News

Ingenico finalizes Bambora acquisition

Ingenico Group, the global leader in seamless payment, today announced the closing of Bambora’s acquisition, after obtaining approval from the relevant regulatory and antitrust... Read more »

Volante Technologies and open banking experts Open Vector announce partnership

Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages on premise or as a cloud service,... Read more »

Rambus Teams with Eftpos for Android Pay in Australia

Today Rambus Inc. announced that eftpos, the Australian domestic debit network, is using the Rambus ... Read more »

NAPAS Signed MoU with Ant Financial, to Enable Alipay for Chinese Travellers in Vietnam

In the world of software development, machine learning and artificial intelligence is the hot subject, and might very well continue to... Read more »

ANZ and Cuscal Team Up Australia for Android Launch

eftpos today announced that eftpos is now available on Android Pay, with ANZ and Cuscal being the first Australian financial institutions to make the service available to... Read more »

Blik Becomes the First Non-card Payment Scheme in Poland

BLIK mobile payment system has become “BLIK Payment Scheme” as well. 

Polish Payment Standard Ltd. has been granted the positive ruling of the Polish Central Bank. BLIK... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53, +44 (0) 173 261 71 47 Download Our Mobile App