Case Study: Leading Card Processing Provider achieves over 50% increase in automated approvals and richer CRM data with LexisNexis Risk Solutions

Leading Card Processing Provider - Customer Case Study

A leading card processing and merchant payments provider struggled to vet a high volume of small and mid-sized business customers and partners. Manual reviews were slow, costly and inconsistent, and critical checks—like verifying tax IDs—often required time-consuming searches across public web resources, leaving gaps in risk assessment.

LexisNexis Risk Solutions tested its extensive data assets and linking on 1 million of the client’s records, improving match rates and returning additional identity details (for example, name and address tied to tax IDs). The result was a more than 50% increase in automated approvals—significantly reducing manual reviews—and the added benefit of richer CRM data.