The LexisNexis® Bankers Almanac® Payments suite of payment reference and validation tools has been voted the Best Payment Solution at the AMTD DigFin Innovation Awards, according to a recent announcement from LexisNexis® Risk Solutions. The DigFin 2022 AMTD DigFin Innovation Awards honour excellent business executives who succeed in the industries of asset management, insurance, capital markets, banking, and payments.
In order to increase payment accuracy and efficiency throughout the whole payment process, from setting up to routing and processing payments, Bankers Almanac Payments is a comprehensive, one-stop payment reference and validation solution. It enables companies to increase their straight-through processing rates and successfully reduce the risk of declined payments. 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 are all included in the complete suite of solutions.
Nick Wilson, vice president of APAC at LexisNexis Risk Solutions, stated, “It is an honour to win this award which highlights our continuing efforts in expanding payment technology for worldwide enterprises. “The pandemic’s acceleration of business digital transformation has brought attention to the necessity for cross-border transactions that are secure, quick, and frictionless for customers. In order to prevent payment delays or manual corrections, it is essential to deploy reliable, current payment reference data and validate payment details in real-time.”
Delivering cutting-edge technology built on extensive, dependable, and in-depth data sets is the mission of LexisNexis Risk Solutions. With the help of its API, online look-up, and file solutions that enable multiple clients to precisely complete cross-border payments in more than 200 countries, Bankers Almanac Payments has experienced impressive growth in the previous several years.

Source: Prnewswire