About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Accuity Completes Acquisition of CB.Net

Subscribe to our newsletter

Accuity has completed the acquisition of payments reference data vendor CB.net as part of its efforts to bolster its customer base and extend its offering. Hugh Jones, president of payment routing data vendor Accuity, explains that CB.Net’s existing relationships with the European Payments Council (EPC) and the Euro Banking Association (EBA) were of particular appeal.

Accuity hopes the acquisition will allow it to offer clients a more comprehensive service with regards to data coverage and expand its reach into European markets. “Accuity is now the authoritative source for all global payment data and sets the standard for the industry,” claims Jones.

The combined company’s payments products include the Global Banking Resource, Global Payment File and IBAN File from Accuity and CB.Net’s BankSearchPlus, BroadcastAlert and BroadcastSearch. These products offer a range of payments data including Swift/BICs, active and inactive national clearing codes, standard settlement instructions (SSIs), SEPA credit transfer adherence participants and IBAN routing information.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Potential and pitfalls of large language models and generative AI apps

Large language models (LLMs) and Generative AI applications are a hot topic in financial services, with vendors offering solutions, financial institutions adopting the technologies, and sceptics questioning their outcomes. That said, they are here to stay, and it may be that early adopters of Generative AI apps could gain not only operational benefits, but also...

BLOG

The Potential and Pitfalls of Large Language Models

By Tony Seale, Knowledge Graph Engineer at Tier 1 Bank. Large Language Models (LLMs) like ChatGPT possess enormous power, stemming from their capability to ingest and compress vast amounts of general information gathered from the web. However, this capability is general rather than tailored to your specific business needs. To effectively utilise these models in...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Entity Data Management Handbook – Third Edition

Welcome to the third edition of the Entity Data Management Handbook which is available for free download. In this updated edition we delve into the role entity data plays in the smooth running of financial institutions and capital markets, the challenges of attaining high quality data, and various aspects, approaches and technologies involved in managing...