LexisNexis Risk Solutions Highly Commended as Best Technology Provider With Bankers Almanac Validate Solution at CorporateTreasurer Awards

04/12/2024

HONG KONG/CHINA/SINGAPORE/AUSTRALIA — LexisNexis® Risk Solutions earned high commendation in the Best Technology Provider category at the CorporateTreasurer Awards 2024. This achievement demonstrates the company’s commitment to excellence in the industry as LexisNexis® Bankers Almanac® Validate™ addresses critical challenges in cross-border payments.

Bankers Almanac® Validate™ provides comprehensive, low-code application programming interface management tools powered by data and advanced analytics. This solution helps payment service providers, corporates and banks achieve the highest possible payment straight-through processing rates, significantly reducing payment failures and enhancing the customer experience.

Customers can also combat authorized push payment fraud and ensure payments reach the true intended end recipient. This process minimizes time-consuming manual lookups, reduces added costs and eliminates unnecessary delays that can slow payments and jeopardize customer satisfaction.

"We are proud to receive high commendation as the Best Technology Provider from CorporateTreasurer,” said Vijay Nagarajan, director, payments at LexisNexis Risk Solutions. “It truly is one of the industry’s most robust solutions, giving customers the ability to seamlessly integrate Bankers Almanac Validate into their payment portals, platforms or systems. They can deploy it wherever they need payment information to be validated or enriched, whether in channels, products, business applications or core systems. The solution can further enable users to make error-free payments and improve financial measures such as reducing payment risks and shortening account payable time.”

The annual CorporateTreasurer Awards highlight the accomplishments of transaction banking and service providers who advance businesses in financial management and foster adaptable treasury frameworks in the Asia-Pacific region.

"The judges felt that LexisNexis Risk Solutions’ payment systems, which are API-driven and bespoke, are particularly innovative and are helping save customers’ valuable time,” said CorporateTreasurer. “The firm’s overall approach to risk management is cutting edge and uses the latest analytics, AI and real-time data, in addition to comprehensive staff training."

About LexisNexis Risk Solutions
LexisNexis^® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.