The Forrester Wave™: Enterprise Fraud Management Solutions, Q2 2024
LexisNexis® Risk Solutions acknowledged as a strong performer in The Forrester Wave™: Enterprise Fraud Management Solutions, Q2 2024
This Forrester report shows how enterprise fraud management (EFM) providers measure up, based on a 21-criterion evaluation across three categories: current offering, strategy and market presence.
This report notes our innovation process, support, and adoption-boosting strategy, standing ahead of competitors. It also recognises our platform as a great fit for organisations expanding from cyber channel fraud management to financial transaction monitoring.
A platform that delivers on privacy, flexibility and scalability
Enterprise fraud management is critical for an organisation to ensure their fraud processes and platforms are united in one place, in a coherent way, to enable real customer centricity and create efficiencies across the whole business to fight fraud. EFM solutions elevate the user experience while instilling confidence in organisations, allowing customers to concentrate more on optimising operations rather than combating fraud.
Our LexisNexis® Dynamic Decision Platform is built with privacy, flexibility and scalability in mind to deliver extensive, real-time risk assessment and intelligence around various types of events transactions. Through a single API, our clients can access multiple sources of digital and physical identity data, device, email and behavioral intelligence to effectively pinpoint fraud across users, accounts, and channels. Boosted by the efficiency of machine learning models and utilising automation and advanced analytics, we support sharpening the precision and speed of fraud detection, investigation, and resolution for our clients.
LexisNexis Dynamic Decision Platform is powered by advanced models trained on billions of proprietary data points and signals. LexisNexis® ThreatMetrix®, our leading digital identity intelligence product, is delivered via the platform in a self-service, “no code” environment to conveniently combine algorithms and customised rulesets that can be deployed in less than a day.
