Financial crime compliance costs exceed $206 billion

The growing complexity of compliance regulations and ever-evolving criminal methodologies are a major difficulty for financial institutions, according to LexisNexis Risk Solutions. Global financial crime compliance costs for financial institutions exce… Continue reading Financial crime compliance costs exceed $206 billion

LexisNexis RiskNarrative helps organizations reduce risk and financial crime

LexisNexis Risk Solutions has launched an end-to-end customer lifecycle management platform to help businesses effortlessly integrate multiple information sources to make better risk decisions and provide smoother customer journeys. LexisNexis RiskNarr… Continue reading LexisNexis RiskNarrative helps organizations reduce risk and financial crime

Virtual claims raise alarms among insurance carriers and customers

As the digital revolution changes the claims process, both carriers and customers are increasingly concerned about data privacy, according to LexisNexis Risk Solutions. More than 60% of consumers have concerns over the security of their personally iden… Continue reading Virtual claims raise alarms among insurance carriers and customers

Pandemic-related identity fraud: How serious is it?

The Identity Theft Resource Center (ITRC) and LexisNexis Risk Solutions have released the Pandemic-Related Identity Fraud Crime Victim Impacts Report, which shows how individuals and government agencies have been impacted since 2020 by an unprecedented… Continue reading Pandemic-related identity fraud: How serious is it?

LexisNexis Risk Solutions and Shift Technology bring new tool for automating claims processing

LexisNexis Risk Solutions and Shift Technology announced the two companies have entered a strategic alliance. As a result, insurance carriers can now seamlessly incorporate LexisNexis Claims Clarity data and analytics into Shift’s insurance decis… Continue reading LexisNexis Risk Solutions and Shift Technology bring new tool for automating claims processing

Karlsgate and LexisNexis Risk Solutions deliver secure patient data for healthcare

Karlsgate announced that it is partnering with the Health Care business of LexisNexis Risk Solutions to introduce a secure identity resolution platform for the healthcare market. Securing patient identities remains an industry focus spurred by HIPAA, y… Continue reading Karlsgate and LexisNexis Risk Solutions deliver secure patient data for healthcare

Bot attack volumes growing 41% year over year, human-initiated attacks down 29%

Bot attack volumes grew 41% year over year with human-initiated attacks falling 29%, according to a report from LexisNexis Risk Solutions. The report confirms earlier trend patterns showing the financial services industry and media businesses bear the … Continue reading Bot attack volumes growing 41% year over year, human-initiated attacks down 29%

LexisNexis Risk Solutions acquires TruNarrative to help prevent financial crime and fraud

LexisNexis Risk Solutions UK Limited, part of RELX, has acquired TruNarrative, which provides a cloud-based orchestration platform that detects and prevents financial crime and fraud. TruNarrative will become a part of the Business Services group of Le… Continue reading LexisNexis Risk Solutions acquires TruNarrative to help prevent financial crime and fraud

Socure appoints Debra Geister as VP of product commercialization, compliance, and regulatory

Socure announced the continued growth of its executive leadership team with the addition of Debra Geister as vice president of product commercialization, compliance, and regulatory. Geister will work closely with regulators and customers to ensure that… Continue reading Socure appoints Debra Geister as VP of product commercialization, compliance, and regulatory

LexisNexis Fraud Intelligence Synthetic Score improves synthetic identity fraud detection

LexisNexis Risk Solutions unveiled LexisNexis Fraud Intelligence Synthetic Score, a new product designed to help businesses mitigate synthetic identity fraud. LexisNexis Fraud Intelligence Synthetic Score analyzes hundreds of unique identity characteri… Continue reading LexisNexis Fraud Intelligence Synthetic Score improves synthetic identity fraud detection