PR Newswire
Asia's premier airport exhibition and conference spotlights on sustainability, innovation, and future infrastructure
SINGAPORE, Nov. 21, 2024 /PRNewswire/ -- inter airport Southeast Asia, the premier trade exhibition and conference for airport innovation and technology in Asia, will return to Singapore from 25 to 27 March 2025 at the Marina Bay Sands. Organised by RX, the 8th edition is expected to bring together over 3,500 representatives of the aviation industry in Asia, influencers in the airports and airlines community, and 150+ exhibitors, including world-class solution providers and airport equipment suppliers, to connect, find synergies, build partnerships, and innovate.
ATLANTA, Nov. 20, 2024 /PRNewswire/ -- For the second consecutive quarter, the LexisNexis® U.S. Insurance Demand Meter recorded "Nuclear" levels of auto insurance shopping and new policy volumes, while the latter set a new record for growth since LexisNexis® Risk Solutions first began tracking U.S. insurance consumer shopping behavior more than a decade ago. Insurer-led marketing programs fueled activity among price-sensitive consumers who responded in droves to industry rate-taking. At the end of the quarter, nearly half (45%) of the U.S. policies-in-force were shopped at least once in the preceding 12 months, a result of the continued escalation of activity the market has witnessed over the past two quarters.
ATLANTA, Nov. 20, 2024 /PRNewswire/ -- Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud Report from LexisNexis® Risk Solutions.
It reveals how businesses can build strong digital trust and prevent fraud before it occurs through collaborative digital identity intelligence and details several examples of success, including one organization that lifted customer recognition rates to 94%. Another integrated digital identity and email intelligence to help lift fraud capture rates by a quarter (26%).
ATLANTA, Nov. 19, 2024 /PRNewswire/ -- Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud and Identity Report from LexisNexis® Risk Solutions.
ATLANTA, 19. November 2024 /PRNewswire/ -- Banken und Online-Händler können ihre Fähigkeit, risikoreiche und schwer zu entdeckende betrügerische Transaktionen zu erkennen, erheblich verbessern, indem sie geteilte Betrugsinformationen in ihre Risikobewertungen einbeziehen, so die Ergebnisse des neuesten Global State of Fraud Report von LexisNexis® Risk Solutions.
ATLANTA, Nov. 19, 2024 /PRNewswire/ -- Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud Report from LexisNexis® Risk Solutions.
It reveals how businesses can build strong digital trust and prevent fraud before it occurs through collaborative digital identity intelligence and details several examples of success, including one organization that lifted customer recognition rates to 94%. Another integrated digital identity and email intelligence to help lift fraud capture rates by a quarter (26%).
"People's Tree" will spread holiday joy on an epic journey from Alaska to Washington, D.C.
FRANKLIN, Tenn. and ATLANTA, Nov. 1, 2024 /PRNewswire/ -- Each year, a different national forest provides a tree to light up the West Lawn of the U.S. Capitol building for the holiday season. This year Permit Wizard, a service of LexisNexis® VitalChek Network, is proud to be one of the sponsors helping the "People's Tree" make its journey. Alaska's National Forests, in partnership with the Society of American Foresters and presenting sponsor 84 Lumber, will bring the 2024 U.S. Capitol Christmas Tree from Alaska to Washington, D.C.
ATLANTA, Oct. 31, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has been recognized as a Category Leader in both the Know Your Customer (KYC) Solutions and KYC Data Solutions quadrants by Chartis Research in its latest 2024 report. This acknowledgment highlights the company's commitment to providing superior know your customer solutions that prioritize customer needs and drive innovation in the financial crime compliance sector.
Forty percent of FIs Report Rising Delinquencies Amid Growing Economic Pressure
ATLANTA, Oct. 30, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions unveiled the findings of its inaugural Global Consumer Lending Confidence Report. The study, conducted by Datos Insights, reveals that as visibility into consumer risk provided by traditional credit data shifts, financial institutions worldwide are expanding their use of alternative data throughout the consumer lending journey.
Forty percent of FIs Report Rising Delinquencies Amid Growing Economic Pressure
ATLANTA, Oct. 30, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions unveiled the findings of its inaugural Global Consumer Lending Confidence Report. The study, conducted by Datos Insights, reveals that as visibility into consumer risk provided by traditional credit data shifts, financial institutions worldwide are expanding their use of alternative data throughout the consumer lending journey.
Global financial institutions and consumers are navigating economic and regulatory changes. Lenders are seeking more effective ways to predict risk by increasingly turning to alternative credit data to supplement the traditional credit data used by lenders for decades to assess consumer credit risk. According to 97% of global respondents, lenders identify collecting delinquent loans as their primary challenge. The report shows that 40% of respondents have observed an increase in delinquencies over the past 12 months.
Findings show which age groups are seeing the biggest increases
ATLANTA, Oct. 29, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions, a leading provider of data and analytics, released new insights on breast and colon cancer screening and diagnosis trends from 2021 to 2023. As the U.S. Preventive Services Special Task Force (USPSTF) continues to examine and lower the age recommendations for breast cancer and colorectal cancer screenings, this analysis explores how these guidelines are impacting preventive care.
Fraud Surges in SNAP - Over One-Third of Agencies Report Spike in Identity Theft and EBT Skimming, Especially Among Multi-Program Systems
ATLANTA, Oct. 22, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today released its third annual LexisNexis® Risk Solutions True Cost of Fraud™ Study for Supplemental Nutrition Assistance Program (SNAP) Agencies and Integrated Eligibility Systems (IES). This authoritative study reveals the level and impact of fraud, including challenges, volume, and cost, as well as resources that SNAP and IES agencies utilize to detect and prevent fraud. In addition to analyzing the cost of fraud, the study explores the time and resources expended by SNAP investigators to prevent attacks and mitigate fraud and analyzes current fraud trends impacting these critical government benefits.
New LexisNexis® Life Smart Path solution enables carriers to simplify data acquisition, solve workflow inefficiencies and combat application errors, omissions, misrepresentation and fraud
Key benefits
Maximize ROI: Life insurance carriers can get insights earlier by selectively ordering the data needed at various points throughout the life insurance application workflows.Complement existing workflows: This solution can help life insurers access easy-to-configure datasets that map to application questions and make it easier to validate accurate data, helping expedite the process for consumers who are applying in good faith.Bridge the gap for underserved populations: Life carriers can help more consumers in the middle marketi obtain the life insurance they need by avoiding invasive and time-consuming application processes.Combat identity fraud earlier: Life insurers can better identify bad actors by quickly resolving correct identities and flagging identity discrepancies, synthetic identities and deceased identity data.Help mitigate bot attacks and reduce cycle time: Life insurers can remove barriers impeding the life insurance application process with state-of-the-art bot detection solutions.New research reveals Seven out of 10 homeowners rely on insurers for coverage guidance, highlighting opportunities for carriers to leverage emerging technologies to meet consumer needs.
ATLANTA, Sept. 26, 2024 /PRNewswire/ -- Today, LexisNexis® Risk Solutions announced its U.S. Home Insurance Consumer Insights report, a new study that reveals a gap between homeowners' understanding of their insurance coverage, the actual risks their properties face and their willingness to provide data to help ensure proper coverage. The consumer study highlights homeowners' reliance on insurance carriers or agents to help ensure they have adequate coverage while also identifying two distinct cohorts of policyholders: those with a "Set It & Forget It" mindset or those who are "Insurance Involved."
SHANGHAI, Sept. 25, 2024 /PRNewswire/ -- On September 19, the WEPACK & SANSIN Vietnam Banquet, jointly held by RX and Sansin International Holding Group Co., Ltd, successfully concluded in Ho Chi Minh City, Vietnam. The Forum welcomed representatives from Vietnam Paper Association (VPA) and the Vietnam Industry Association for Paper and Packaging (VINPAS), as well as over 200 paper packaging industry leaders, experts, and enterprise representatives in Vietnam and beyond. They jointly discussed the development trends, technological innovations, and sustainable development of Vietnam's paper packaging industry, aiming to foster exchanges and collaborations between Chinese & international enterprises and local Vietnamese enterprises.
LexisNexis Risk Solutions Launches Perils Offering to Provide Brokers the Ability to Better Assess Risk and Improve Customer Satisfaction at Point of Quote.
LONDON, Sept. 25, 2024 /PRNewswire/ -- Analysis of British Geological Survey data from LexisNexis® Risk Solutions, the data, advanced analytics and technology provider to the insurance market, reveals that with the current climate trajectory, approximately 1.2 million more homes in England are at risk of subsidence issues by 2050ii. This is a 27% increase to the estimated 4.5 million households already at subsidence risk today.
Companies will develop a suite of products and tools designed to ensure that devices are within the appropriate legal jurisdictions.
ATLANTA, Sept. 19, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today announced a strategic alliance with Radar, a recognized leader in geofencing technology. This collaboration integrates Radar's robust geofencing, mapping and geo-compliance capabilities with the advanced data and technology from LexisNexis® Risk Solutions. Together, they will deliver a robust solution for gaming and gambling operators, that will help ensure that devices used for online gambling in the United States comply with applicable state regulations.
ATLANTA, Sept. 18, 2024 /PRNewswire/ -- Industry analyst firm Burton-Taylor has ranked LexisNexis® Risk Solutions as a market leader in its latest anti-money laundering (AML) and know your customer (KYC) report, reinforcing its status as a premier global provider of data and analytics. This recognition underscores the company's unwavering commitment to delivering trusted solutions that address the complexities of financial crime compliance and risk management.
SHENZHEN, China, Sept. 5, 2024 /PRNewswire/ -- Pre-registration is now open for FILM & TAPE EXPO 2024, organized by RX Kuozhan, scheduled to take place from November 6th-8th at the SHENZHEN World Exhibition and Convention Center (Bao'an) at Hall 10/12/14.
FILM & TAPE EXPO 2024 is Asia's leading B2B tradeshow for functional film and adhesive tapes across key industries. FILM & TAPE EXPO 2024 integrates the global industrial resources of functional film and adhesive tapes, offering a one-stop showcase of innovative materials and advanced equipment along the entire industry chain to promote efficient connections between upstream and downstream enterprises, identify potential business opportunities, and foster sustainable development of industry.
According to a LexisNexis Risk Solutions Study, Digital Channels See Biggest Increase in SMB Lending Fraud
ATLANTA, Sept. 5, 2024 /PRNewswire/ -- Small and medium-sized business (SMB) lending fraud has increased by a double-digit percentage year over year, with most lenders expecting fraud levels to continue to increase in the coming months, as revealed by the latest edition of the LexisNexis® Risk Solutions Small and Midsize Business Lending Fraud Study. Overall, more than 80% of respondents said that SMB lending fraud has risen by nearly 14% over the last year, even as lenders are less willing to issue new credit.
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