ATLANTA, Sept. 4, 2024  /PRNewswire/ -- LexisNexis® Risk Solutions is proud to announce that LexisNexis® ThreatMetrix® has won the prestigious Best Cyber Security Provider award at the Waters Rankings 2024. This accolade underscores the company's commitment to delivering industry leading fraud and identity solutions to businesses worldwide.

Established by WatersTechnology, the Waters Rankings honor excellence and innovation in financial technology, particularly in safeguarding digital identities and combating cyber threats with advanced technology and strategic insight.

ATLANTA, Aug. 29, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions, a global leader in data analytics and technology solutions, proudly announces its recognition as a Category Leader in both the Enterprise Fraud Solutions and Payment Fraud Solutions quadrants within the 2024 Chartis Enterprise and Payment Fraud Solutions Market Update and Vendor Landscape report.

The prestigious Chartis report evaluates vendors based on their completeness of offering and market potential, highlighting those that demonstrate exceptional capabilities in the fraud solutions sector. Achieving Category Leader status across these quadrants underscores the company's commitment to providing innovative and effective solutions that address the evolving challenges of fraud detection and prevention.

ATLANTA, Aug. 28, 2024  /PRNewswire/ -- For the first time since LexisNexis® Risk Solutions began benchmarking U.S. consumer auto insurance shopping, policy growth and channel trends more than a decade ago, both quarterly year-over-year shopping and new policy growth registered as 'Nuclear' on the LexisNexis® Insurance Demand Meter. Attributed to consumers motivated to shop amid increasing premiums for both auto and home insurance, along with increased marketing by insurance companies, the double-digit growth for both shopping and for new policies in force could portend a staggering amount of insurance shopping and new policies as the industry emerges from its profitability concerns in 2023.

ATLANTA, Aug. 27, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has been acknowledged as a Strong Performer in The Forrester Wave™: Enterprise Fraud Management (EFM) Solutions, Q2 2024 report. It benchmarks the most significant providers in the industry against 21 criteria.

The LexisNexis® Dynamic Decision Platform garnered scores of 3.3 in the current offering category, 3.5 in the strategy category and a 5 out 5 in the market presence category. The Forrester report notes that the platform's innovation process, support and adoption-boosting strategy stand ahead of the competition. The report also states LexisNexis Risk Solutions is a great fit for organizations transitioning from cyber channel fraud management to financial transaction monitoring.

ATLANTA, Aug. 22, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has been ranked as first and as Established Leader in the Juniper Research Competitor Leaderboard for fraud detection and prevention in banking platforms. The Global Fraud Detection & Prevention in Banking Market: 2024-2029 report positions LexisNexis Risk Solutions as an Established Leader, highlighting its innovative solutions and global footprint.

ATLANTA, Aug. 21, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has been recognized as the Silver Medalist in the Fraud Impact Award for Best Digital Identity Verification solution in the Datos Insights' 2024 Fraud Impact Awards. This accolade underscores the company's commitment to excellence and innovation in fraud detection and identity verification.

The Datos Insights Fraud Impact Awards are highly competitive, attracting strong submissions across various categories. The judging panel commended LexisNexis Risk Solutions for its outstanding performance in a particularly challenging category. Unlike previous years, since the margin between top performers was so close, this year's awards acknowledged not only the top winner but also the second-place finisher.

2024 Life Insurance Mortality Risk Management Study shares critical new insights for insurers to improve decision making and enhance automated life applicant reviews, particularly for traditionally high-risk populations with better-than-average mortality risk

ATLANTA, Aug. 15, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today announced its 2024 Life Insurance Mortality Risk Management Study which reveals new insights on how the integration of medical and non-medical data can significantly enhance the underwriting process for life insurance carriers and improve the application experience for applicants. This new study demonstrates that by analyzing electronic medical data in conjunction with non-medical data, such as public records, driving history, and insurance-focused credit attributes, carriers can better segment applicants and identify new opportunities for accelerated underwriting.

Chartis Research Honors LexisNexis Risk Solutions for its Retail Alternative Credit Risk and Analytics Capabilities

ATLANTA, July 17, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions announced that it has been ranked second overall in the 2024 Chartis Research STORM Retail Finance Analytics50 rankings. In addition to the overall ranking, LexisNexis Risk Solutions has won the following awards: the Innovation category award, the award for the Identity Analytics solutions category and for a consecutive second year, the Alt-Credit solutions category.

Only 50% of organizations have confidence in their ability to stop scammers.Sixty-nine percent (69%) find it difficult to break a victim's belief or trust in a scammer.Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours.

ATLANTA, July 9, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions published a study evaluating how financial institutions (FIs) detect and mitigate authorized transfer scams, where fraudsters manipulate or deceive account holders to transfer funds to them.

SYDNEY, July 4, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has launched its first Australian cloud hosting facility to support easy access to localized risk orchestration services. This move underlines the company's commitment to the region following the launch of its first Asia-Pacific data centre in India last year.

The advanced technology powering the cloud hosting service delivers reduced latency, improved load time and response rate and simplified compliance procedures through access to LexisNexis® RiskNarrative™, an end-to-end customer lifecycle management platform. This platform empowers businesses to integrate multiple information sources seamlessly, enabling them to make real-time, informed risk decisions and provide smoother customer journeys.

Innovative AI Technology Empowers Law Enforcement Agencies to Help Prevent and Solve Crimes More Effectively

WASHINGTON, June 27, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions is proud to announce the inclusion of artificial intelligence functionality in its industry-leading solution, LexisNexis® Accurint® Virtual Crime Center. Utilizing the LexisNexis® Public Safety Data Exchange database of crime incidents contributed by over 2,100 agencies nationwide, LexisNexis Risk Solutions is now automating the identification of crime trends and providing law enforcement customers with a proactive means to efficiently review data with its newest feature, Accurint® AI Insights.

2024 LexisNexis® U.S. Auto Insurance Trends Report shares insights for insurers to help benchmark future rating decisions with today's trend data, evolve against new risk segments and navigate the road to profitability

ATLANTA, June 20, 2024 /PRNewswire/ -- Today, LexisNexis® Risk Solutions released its 2024 U.S Auto Insurance Trends Report, which aggregates annual market data about consumer driving patterns, auto insurance shopping trends, claim frequency and severity, and consumer responses to rate increases to help insurance carriers better understand the evolving trends impacting the U.S. auto insurance industry. 

LONDON, June 12, 2024 /PRNewswire/ -- The latest fraud threatening the UK could cost businesses at least £4.2billion if appropriate steps are not taken, new research from LexisNexis Risk Solutions shows.

A new study looked at over 72million consumer profiles and found 2.8million showing several signs of 'Frankenstein cloning', where fraudsters stitch real and made-up personal details together to create a 'new' synthetic identity to spoof credit checks and commit high-value fraud against banks and credit providers.

As sophisticated "bad bot" attacks become more prevalent, U.S. auto insurers must evolve their approaches to differentiate between humans, good bots and bad bots, and manage good traffic at point of quote

Key takeaways

LexisNexis® Risk Solutions announces the launch of ThreatMetrix® for Insurance Quotes to help U.S. auto insurers differentiate between the rise in malicious bot attacks and legitimate human queries at point of quote without adding friction to the consumer experience.ThreatMetrix for Insurance Quotes includes a crowdsourced repository of 100 billion global digital transactions that can identify and help mitigate bots in near real-time, leveraging the strength of the LexisNexis® Digital Identity® Network.In 2023, the percentage of consumers who purchased insurance online was 25%, up from 24% the year prior, with consumers between the ages of 18-29 purchasing insurance online at the highest clip of 54%i. As more consumers transition to digital interactions with insurers, the threat of bot attacks could continue to grow.The rise of AI – a double-edged sword: The technologies generative AI has spawned provide a variety of innovations for legitimate applications and criminal applications.

DÜSSELDORF, Germany, June 6, 2024 /PRNewswire/ -- "Ushering in a New Era of Packaging - WEPACK 2025 Press Conference - Germany" was held on June 2nd at the Tulip Inn Hotel Düsseldorf Arena, Germany. The organizer RX, its strategic partner WPO, representatives from key exhibitors Kento Digital Printing as well as other industry associations all attended the press conference. The event disseminated information on the exhibition's focus and offered updates on event preparation to industry media groups such as Specialist Printing Worldwide (UK), Cartiflex (Spain), Printpack Indonesia (Indonesia), ME PRINTER (Middle East) and other industry organizations.

Volume of human-initiated attacks surged by 40%, while automated bot attacks increased by 2%.Cybercriminals are utilizing remote scam centers based in Southeast Asia to launch attacks on consumers globally. Third-party account takeover is the most common fraud classification reported by clients (29% of all classifications).

ATLANTA, May 23, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today released the results of its annual Cybercrime Report, an analysis of data from 92 billion transactions processed through its LexisNexis® Digital Identity Network® throughout 2023. The report, Confidence Amid Chaos, reveals a 19% year-over-year (YOY) increase in the global human-initiated digital attack rate compared to the previous year. Cybercriminals' expanding scale of activity is reflected in the rising attack rate, particularly in ecommerce and across North America.

Volume of human-initiated attacks surged by 40%, while automated bot attacks increased by 2%.Cybercriminals are utilizing remote scam centers based in Southeast Asia to launch attacks on consumers globally. Third-party account takeover is the most common fraud classification reported by clients (29% of all classifications).

ATLANTA, May 22, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today released the results of its annual Cybercrime Report, an analysis of data from 92 billion transactions processed through its LexisNexis® Digital Identity Network® throughout 2023. The report, Confidence Amid Chaos, reveals a 19% year-over-year (YOY) increase in the global human-initiated digital attack rate compared to the previous year. Cybercriminals' expanding scale of activity is reflected in the rising attack rate, particularly in ecommerce and across North America.

Das Volumen der von Menschen initiierte Angriffe stieg um 40%, automatisierte Bot-Angriffe um 2%.Cyber-Kriminelle nutzen abgelegene Betrugszentren in Südostasien, um Verbraucher weltweit anzugreifen. Die Übernahme von Konten durch Dritte ist die häufigste von Kunden gemeldete Betrugskategorie (29 % aller Kategorien)

ATLANTA, 22. Mai 2024  /PRNewswire/ -- LexisNexis® Risk Solutions veröffentlichte heute die Ergebnisse seines jährlichen Cybercrime Reports, einer Datenanalyse von 92 Milliarden Transaktionen, die im Jahr 2023 über das LexisNexis® Digital Identity Network® abgewickelt wurden. Der Report mit dem Titel "Confidence Amid Chaos" (Zuversicht inmitten des Chaos) zeigt, dass die Angriffsrate der von Menschen initiierten digitalen Angriffe im Vergleich zum Vorjahr weltweit um 19 % gestiegen ist. Das wachsende Ausmaß der Aktivitäten von Cyber-Kriminellen spiegelt sich in der steigenden Angriffsrate wider, insbesondere im E-Commerce und in Nordamerika.

Volume of human-initiated attacks surged by 40%, while automated bot attacks increased by 2%.Cybercriminals are utilizing remote scam centers based in Southeast Asia to launch attacks on consumers globally. Third-party account takeover is the most common fraud classification reported by clients (29% of all classifications).

ATLANTA, May 22, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today released the results of its annual Cybercrime Report, an analysis of data from 92 billion transactions processed through its LexisNexis® Digital Identity Network® throughout 2023. The report, Confidence Amid Chaos, reveals a 19% year-over-year (YOY) increase in the global human-initiated digital attack rate compared to the previous year. Cybercriminals' expanding scale of activity is reflected in the rising attack rate, particularly in ecommerce and across North America.

Building on Two Decades of Leadership in Vital Records Management, VitalIQ Elevates Privacy and Security for Agencies and Constituents Alike

WASHINGTON, May 20, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions, a leading provider of data, analytics, and technology, today announced the official renaming launch of LexisNexis® VitalIQTM  previously known as LexisNexis® Database Application for Vital Events (DAVE), into the vital records market.