About a-team Marketing Services

A-Team Insight Blogs

Accuity Launches New Version of IBAN Validation and Conversion Tool

Subscribe to our newsletter

Payments reference data vendor Accuity has launched a new version of its online international bank account number (IBAN) validation and conversion tool. Version 2.2 of IBAN Payment Resource features account number decryption and basic bank account number (BBAN) to IBAN conversion, explains Malcolm Taylor, managing director for EMEA and APAC for the vendor.

The new release is aimed at increasing STP in the payments routing lifecycle and meeting the requirements of the Single Euro Payments Area (SEPA), claims the vendor. To this end, the solution also now returns the local account number as part of each query response in addition to providing the bank name, address, country, bank branch code and assigned and routing Swift bank identifier codes (BICs). Users also now have the option of entering either a BBAN or the bank branch code and account number to obtain an IBAN.

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

KX and DataArt Partner to Drive Performance of Cloud-Based Data Management, ML and AI

KX, maker of the KDB.AI vector database, and DataArt, a global software engineering firm, have made a strategic partnership to help customers master the challenges of migrating real-time analytics, machine learning (ML), and artificial intelligence (AI) workloads to the AWS cloud. The companies say their alliance offers a solution for firms looking to upgrade their...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...