SHENZHEN, China, March 15, 2024 /PRNewswire/ -- Given the current market environment, it is believed that the packaging industry has reached a consensus - the market has bidden farewell to the past incremental era of swift development and has entered the era of carving out the stock market. What does this mean to packaging manufacturing enterprises? If an incremental economy is about who can grow the cake, then a stock economy is about who can cut the cake better. And such capability is "efficiency".
SHENZHEN, China, March 6, 2024 /PRNewswire/ -- As part and parcel of the industrial manufacturing industry, the packaging industry is accelerating transformation and development, with continuous emergence of relevant new industries, business formats, technologies and models bringing new opportunities for further cross-border integration, industrial chain ecologization, and automated intelligence development in the industry.
Based on excellent specialization, marketization and internationalization, WEPACK organized by RX has already become an international window for cutting-edge information exchange in the global packaging industry and provided the Chinese packaging industry with a platform to link to the world and showcase its strength over the years.
Studie über die wahren Kosten von Compliance im Bereich Finanzkriminalität zeigt, dass Organisationen versuchen, Kosten zu senken und gleichzeitig die Compliance Anforderungen zu erfüllen.
Für 98 Prozent der Finanzinstitute in der EMEA-Region sind die Kosten von Compliance im Bereich Finanzkriminalität gestiegen.81% der Finanzinstitute sind bestrebt, ihre Compliance-Kosten in den nächsten 12 Monaten zu senken.Kriminelle nutzen Kryptowährungen, digitale Zahlungen und KI-Technologien für illegale AktivitätenTrue Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence
Financial crime compliance costs have risen for 98% of APAC financial institutionsEighty-one percent (81%) of financial institutions prioritize cutting compliance costs in next 12 monthsCriminals are adopting cryptocurrencies and AI techniques for illicit activitiesHONG KONG, March 6, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific. The commissioned study conducted by Forrester Consulting reveals that financial crime compliance costs increased for 98% of financial institutions in 2023. The total cost of financial crime compliance in the APAC study countries has reached U.S.$45 billion.
True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence
Financial crime compliance costs have risen for 98% of APAC financial institutionsEighty-one percent (81%) of financial institutions prioritize cutting compliance costs in next 12 monthsCriminals are adopting cryptocurrencies and AI techniques for illicit activitiesHONG KONG, March 6, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific. The commissioned study conducted by Forrester Consulting reveals that financial crime compliance costs increased for 98% of financial institutions in 2023. The total cost of financial crime compliance in the APAC study countries has reached U.S.$45 billion.
Data Leader Brings Speed, Automation, Consistency to Industry's Integral Motor Risk Assessment and Rating Data
LONDON, March 5, 2024 /PRNewswire/ -- In a major development for the U.K. insurance industry, LexisNexis® Risk Solutions, the data, advanced analytics and technology provider, has secured an exclusive strategic relationship with Thatcham Research, in the first contract of its kind with the insurer-funded automotive risk intelligence company. The strategic relationship is set to transform the accessibility, consistency and analytical power of Thatcham Vehicle Risk Data (VRD)i which is used to assign an industry-standard ABI Code and Group Rating score to vehicles. The VRD is integral to how insurers assess and rate risk for all wheels-based insurance products.
ATLANTA, Feb. 29, 2024 /PRNewswire/ -- 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.
According to the LexisNexis Insurance Demand Meter, a "Hot" Q4 2023 spelled continued rate increases, along with improved combined ratios, and now opens a window for insurers to capitalize on continued shopping as they seek a return to profitability in 2024
ATLANTA, Feb. 21, 2024 /PRNewswire/ --
Key takeaways
U.S. auto insurance shopping and new policies posted positive year-over-year growth and record volumes for the final quarter of the year, both registering as 'Hot' on the LexisNexis® Insurance Demand Meter.Year-over-year shopper growth showed the strongest Q4 growth since 2020.Quarterly year-over-year growth for new policies outpaced shopper growth for the sixth consecutive quarter, meaning consumers continue to switch carriers at an increasing rate when they shop.Not resigned to higher rates, 41% of insured households shopped their auto insurance at least once in 2023.Retention levels have dropped a staggering three percentage points since Q1 2022 as consumers hit the marketTrue Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence
Financial crime compliance costs have risen for 99% of financial institutions70% of financial institutions prioritize cutting compliance costs in next 12 monthsCryptocurrencies and AI techniques are now being adopted by criminals as tools for illicit activitiesATLANTA, Feb. 21, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – U.S. and Canada. The commissioned study, conducted by Forrester Consulting, reveals that financial crime compliance costs have increased for 99% of financial institutions. The total cost of financial crime compliance in the U.S. and Canada has reached U.S.$61 billion.
Connected vehicle data allows eligible Kia drivers to be more informed about driving habits and access more personalized insurance premiums
ATLANTA and IRVINE, Calif., Feb. 8, 2024 /PRNewswire/ -- LexisNexis Risk Solutions, a leading provider of data and analytics for the insurance and automotive industries, and Kia America, Inc. ("Kia") today announced they have entered into a strategic agreement making Kia connected vehicle data available to U.S. auto insurers via the LexisNexis® Telematics Exchange. Connectivity has been at the core of improving the driving experience for Kia. Now taking it one step further, this integration will allow eligible customers who have enrolled in Kia Connect Services to opt in to share their driving behavior data to receive a personalized driving experience and to be more informed drivers.
ThreatMetrix® Enables Businesses to Make Faster Decisions, Mitigate Fraudulent Transactions and Provide a Safer Customer Experience
JOHANNESBURG, Jan. 25, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions announced that its LexisNexis® ThreatMetrix® product has won Most Innovative Fraud Prevention and Detection Solution of the Year award in the Africa Bank 4.0 Awards. The award was presented at the thirteenth annual Africa Bank 4.0 Awards - West Africa, hosted in Lagos.
ThreatMetrix® serves as a global enterprise solution for digital identity intelligence and digital authentication, earning the trust of leading brands to guide daily transaction decisions. ThreatMetrix unites digital and physical identity attributes to establish a true digital identity. It enables businesses to confidently differentiate between a trusted customer and a cyber threat in milliseconds. Firms can leverage LexID® Digital and the LexisNexis® Digital Identity Network® to improve transaction security while ensuring a friction-appropriate customer experience.
AI-driven, self-guided property inspection solution enables business owners to capture property details, assets; helps commercial carriers streamline underwriting and better segment risk
ATLANTA, Jan. 17, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions, a leading data, analytics and technology provider, today announced the availability of LexisNexis® Flyreel® for the commercial insurance market. Flyreel is an advanced property survey solution delivered through an industry-leading user experience that equips carriers with actionable data using AI-driven insights that help carriers assess property risk at both new business and renewal.
First Automotive Brand Loyalty Study of the Year Offers Automakers an Exhaustive View into Car Brand Affinity Based on Vehicle Sales and Ownership
ATLANTA, Jan. 8, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions, a leading provider of data and analytics for the insurance and automotive industries, announced today that U.S. consumer automotive brand loyalty increased in 2023, according to data compiled throughout the year. Through a methodology-based automotive brand loyalty study, LexisNexis Risk Solutions offers automakers (OEMs) a comprehensive view about a vehicle owner's repurchase behavior with a brand they currently own.
The Premier Event Spans the Entire Packaging Industry Chain
SHENZHEN, China, Dec. 27, 2023 /PRNewswire/ -- The packaging industry is poised to encounter a series of new opportunities and challenges in 2024. The rising cost of upstream raw materials and the lack of economies of scale for midstream equipment manufacturers represent significant hurdles. Meanwhile, the industry is grappling with the evolving demand for intelligent packaging, digital manufacturing, personalized specifications and packaging diversity. These factors are challenging the resilience and management capabilities of packaging companies. As a result, the upcoming year is anticipated to be a critical period where difficulties and opportunities coexist, spurring the industry's evolution.
Juniper Research Analysts Recognize Innovations in Behavioral Intelligence
ATLANTA, Dec. 11, 2023 /PRNewswire/ -- The 2023 Future Digital Awards for Fintech and Payments have named LexisNexis® Risk Solutions as the winner of the Platinum Award for Fraud & Security Innovation of the Year. Juniper Research recognized LexisNexis® BehavioSec® for its outstanding contributions to anti-fraud, security and fraud prevention.
Juniper Research, the panel of judges for the Future Digital Awards, honors organizations leading innovation in fintech, payments, telecommunications and digital services.
Best-in-Class Scores for Vendor Stability, Client Strength and Client Service
ATLANTA, Dec. 7, 2023 /PRNewswire/ -- LexisNexis® Risk Solutions earned recognition as a leader in the Global Behavioral Biometrics and Fingerprinting Solutions report from Datos Insights (formerly Aite-Novarica). It achieved best-in-class scores across three of the four criteria areas assessed: vendor stability, client strength and client service. The analysts also considered LexisNexis Risk Solutions to be a strong contender, bordering on best-in-class status, in the product features criteria area.
Recognitions Showcase LexisNexis ThreatMetrix Capabilities That Help Clients Navigate Cybersecurity Risks in Asia-Pacific
SYDNEY, Nov. 29, 2023 /PRNewswire/ -- LexisNexis® Risk Solutions has received industry awards from two prominent awarding bodies in Asia-Pacific (APAC) in recognition of its outstanding contribution to fraud prevention, identity authentication and risk management. LexisNexis® ThreatMetrix® showcases the company's innovative and comprehensive approach to combatting financial crime, earning recognition in the following:
Continued downshift in shopping growth parallels low point seen in Q2 of 2022, while new policies see record volumes in August and September in response to continued rate increases
ATLANTA, Nov. 27, 2023 /PRNewswire/ -- The latest edition of the LexisNexis® Insurance Demand Meter reports the quarterly year-over-year U.S. auto insurance shopping growth rate declined to -1.2% in Q3 2023, down from +5.2% growth in Q2 2023 as rate increases and tightening budgets continue to impact consumers. New policy growth, or the rate at which consumers either switched or purchased new coverage, was also down from last quarter (3.9%, compared to 10.2% in Q2 2023), yet even with lower growth numbers, August and September saw record volumes of new policies.
No-code, configurable platform provides intelligence at point of application to help speed the life insurance process while helping carriers mitigate fraud and identity risk
ATLANTA, Nov. 16, 2023 /PRNewswire/ -- LexisNexis® Risk Solutions, a leading provider of data, analytics and technology solutions for insurance carriers, today announced a new alliance with Agenium, a leader in disruptive platform technology, to integrate data and analytics into the life insurance application process, delivered through an innovative, no-code configurable platform.
KUALA LUMPUR, Malaysia, Nov. 15, 2023 /PRNewswire/ -- WEPACK ASEAN 2023, organized by Reed Exhibitions (RX), will be held at the Malaysia International Trade & Exhibition Centre from November 22-24, 2023.
WEPACK ASEAN 2023, the international trade show by WEPACK featuring themed sections including CORRUGATED ASEAN 2023, FOLDINGCARTON ASEAN 2023, DPRINT ASEAN 2023, and PAPER ASEAN 2023, aims to leverage the international cooperation advantages of RCEP. Through exhibitions, forums, and in-booth demonstrations, participants can establish close collaboration channels with major Southeast Asian national industry associations and packaging manufacturers. This setup is designed to build an international buyer network in Southeast Asia, stimulate market vitality, and promote business cooperation.
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