Payments Giant Increases Account Openings by 50% While Reducing Compliance Costs by 29%

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LexisNexis RiskNarrative helped the payments giant replace fragmented, manual KYC, KYB, and AML checks with a single orchestrated onboarding workflow that verifies individuals and businesses across multiple regions through one API. Its data intelligence, automation, and no-code configuration reduced false positives and manual reviews, cutting compliance costs by 29% while increasing new account openings by 50% in just three months and delivering the seamless, low-friction onboarding experience customers expect.

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Payments Giant Increases Account Openings by 50% While Reducing Compliance Costs by 29%

Payments Giant Increases Account Openings by 50% While Reducing Compliance Costs by 29%

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