10/04/2024
LONDON — LexisNexis® Risk Solutions has been ranked as Leader in Product Vitals in Javelin Strategy & Research’s 2024 Authentication and Identity-Proofing Vendor Solutions Scorecard report.
Javelin analysts evaluated the product capabilities of 26 vendors across 168 criteria within the categories of Product Vitals, Product Features and Product Administration. They consider Product Vitals to be the most important category and have given it the heaviest weighting.
The analysts evaluated the LexisNexis® Dynamic Decision Platform, which integrates various identity and authentication solutions for digital and physical channels. These solutions cover in-person, remote, mobile/web app and call centre interactions. The LexisNexis Dynamic Decision Platform is a machine-learning fuelled platform that enables multiple risk assessment solutions, including digital and physical identity verification, behavioural and device intelligence. It also enables fraud risk analytics and authentication methods such as dynamic questions, one-time passwords with phone verification and identity document checks.
LexisNexis® ThreatMetrix®, LexisNexis® BehavioSec® and other tailored fraud and identity solutions are assisting organisations in combating the growing threat of scams, where account owners are manipulated into transferring funds or disclosing personal information to cybercriminals. Technology from LexisNexis Risk Solutions detects instances where a criminal is coaching a victim, utilising signals like active caller detection and behavioural intelligence, along with transfer monitoring for anomalies in payee and payer behaviour.
"It’s becoming increasingly important for organisations to be able to confidently, accurately and quickly determine that the identity of an individual presenting at login is the genuine customer and not someone else posing as the customer. Organisations can only challenge emerging fraud threats and protect their customers, including those who are being manipulated as part of a scam, with the latest technology.” said Rob Woods, Director, Market Planning (F&I) for LexisNexis Risk Solutions. “This leadership ranking from Javelin helps validate our fraud and identity strategy and the considerable innovation and effort that underpins it from our teams to support our customers in delivering for their customers."
LexisNexis® Risk Solutions provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency. Headquartered in metro Atlanta, Georgia, the company has offices throughout the world, serves customers in more than 190 countries and territories and is part of RELX. For more information, please visit LexisNexis Risk Solutions and RELX.
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