Report: Global 2024 spending for AML KYC data, information and services is projected to increase an already multibillion-dollar industry at a five-year CAGR of 22%. Burton-Taylor cited LexisNexis Risk Solutions as the global market share leader for AML KYC data, information and services. Burton-Taylor expects spending to continue rising due to an increasing number of criminals accessing new technologies. ATLANTA, Sept. 18, 2024 /PRNewswire/ -- Industry analyst firm Burton-Taylor has ranked LexisNexis® Risk ...

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 ...

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. LexisNexis Risk Solutions - Silver Medalist in Datos Insights 2024 Impact Awards for Best Digital Identity Verification Solution LexisNexis Risk Solutions ...

I've got two questions left. First of all, just maybe to ask the article submissions question the other way around. If we're seeing historically high article volume submissions now, more than I remember ever in the past, and we aren't really seeing that much of a change in organic growth on the positive side, is there a risk that as that starts to normalize a little bit over 18 months to slightly lower levels, do we have to worry about that as a bit of a drag on future STM organic growth? Your next question ...

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 y ...

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. The study, Defend Against Authorized Transfer Scams, finds that fraud risk and mitigation strategy leaders at US financial services institutions understand the importance of both detecting and mitigating scams ...

RELX's subsidiary, LexisNexis Risk Solutions, recently equipped its Accurint Virtual Crime Center with artificial intelligence capabilities by adding a new feature — Accurint AI Insights. The Accurint AI Insights feature uses the LexisNexis Public Safety Data Exchange database to identify crime trends and provide its customers with resourceful insights. RELX (RELX) has returned 15.6% in the year-to-date period compared with the Zacks Internet - Content Industry's growth of 15%. The rise in share price sugge ...

Accurint AI Insights enables users to quickly identify and respond to emerging crime trends. Upon detection of a trend, users receive automated alerts that facilitate rapid analysis of associated data. The platform leverages advanced analytical tools embedded within the Accurint® Virtual Crime Center, aiding law enforcement personnel in making informed operational decisions. "Accurint AI Insights represents our first revolutionary step in public safety with a first-to-market solution in empowering law enfor ...

MEXICO CITY, June 20, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has unveiled the findings of its 2023 LexisNexis® True Cost of Fraud™ Study – Latin America. The annual report, based on a commissioned survey conducted by Forrester Consulting, reveals that businesses in LATAM now bear a cost of fraud that is 3.9 times the face value lost in fraudulent transactions. The study also reflects the evolution of criminal tactics. In LATAM, the stage of the customer journey with the highest fraud losses is new ...

Claim severity continues to challenge the insurance industry as claims severities have steadily trended upward since the pandemic. Compared to 2020, bodily injury has risen by 20%, along with severity as material damage has increased by 47%. Attorney involvement has helped contribute to the rise in claims costs. Over half (51%) of claimants who hired an attorney received a higher settlement amount. This activity is most prevalent following an auto accident, as 85% of claimants were approached by one attorne ...