LexisNexis® Risk Solutions announced today that its suite of payment reference and validation solutions – LexisNexis® Bankers Almanac® Payments – has been recognized as the Best Payment Solution in the AMTD DigFin Innovation Awards. Organized by DigFin, the AMTD DigFin Innovation Awards 2022 recognize outstanding industry leaders who excel in wealth management, insurance, capital markets, banking, and payments.
Bankers Almanac Payments is a comprehensive, one-stop payment reference and validation solution that drives payment accuracy and efficiency across the entire payment journey, from setup to payment routing and processing. It enables businesses to achieve improved straight-through processing rates and effectively mitigate the risk of failed payments. The full solution suite includes LexisNexis® Bankers Almanac® Validate API, LexisNexis® Bankers Almanac® Global Payments Resource, LexisNexis® Bankers Almanac® Global Payments File ERP, and LexisNexis® Bankers Almanac® Global Payments File Plus.
“It is an honor to win this award, which reflects our continued efforts to advance payments technology for global businesses,” said Nick Wilson, vice president, of APAC at LexisNexis Risk Solutions. “The accelerated digital transformation of businesses fueled by the pandemic has highlighted the need for safer and more efficient cross-border transactions while minimizing friction for customers. Providing accurate, up-to-date payment reference data and real-time validation of payment details is critical to keeping global transactions moving by reducing payment delays or manual repairs.”
LexisNexis Risk Solutions delivers innovative technologies based on comprehensive, trusted, and detailed datasets. Bankers Almanac Payments has achieved remarkable growth over the past few years with its API, online search, and file solutions that help numerous customers make cross-border payments with precision in more than 200 countries.
