LexisNexis Risk Solutions Ranks First and as Established Leader in Juniper Research's Global Fraud Detection and Prevention in Banking Market Report

Rhea-AI Summary

LexisNexis Risk Solutions has been ranked first and as an Established Leader in Juniper Research's Global Fraud Detection and Prevention in Banking Market Report. The report evaluates the top 15 vendors based on solution completeness, geographical reach, and future business prospects.

Key solutions assessed include:

• LexisNexis Emailage: A risk score based on email intelligence
• LexisNexis RiskNarrative: A unified platform for anti-money laundering, fraud, compliance, and risk management
• LexisNexis ThreatMetrix: A solution for implementing security-related friction in interactions

Kimberly Sutherland, VP of fraud and identity at LexisNexis Risk Solutions, emphasized the company's commitment to continuous innovation to combat sophisticated fraudsters in the financial sector.

News Market Reaction

-0.63%

1 alert

-0.63% News Effect

On the day this news was published, RELX declined 0.63%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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.

Juniper Research's report evaluates the top 15 vendors based on criteria such as solution completeness, geographical reach and future business prospects. The leading providers scored highly for their level of innovation and the breadth of their offerings.

The portfolio of fraud detection and prevention solutions assessed by Juniper Research included:

• LexisNexis® Emailage®, a risk score based on email intelligence that combines advanced analysis, machine learning, artificial intelligence and real transaction outcomes.
• LexisNexis® RiskNarrative® enables customer onboarding within a single, unified anti-money laundering, fraud, compliance and risk management platform. Organizations can manage and configure all financial crime lifecycle journeys through simple integration without any coding.
• LexisNexis® ThreatMetrix® allows organizations to implement the appropriate level of security-related friction to each interaction through its embedded machine learning and insights.

"We appreciate Juniper Research's recognition as the leading provider in fraud detection and prevention for banking platforms," said Kimberly Sutherland, vice president of fraud and identity at LexisNexis Risk Solutions. "Financial institutions are dedicated to tackling the sophisticated threat posed by professional networks of fraudsters who constantly find new ways to make their illicit transactions appear legitimate. We will continue to innovate our solutions to not only thwart but stay ahead of bad actors."

About LexisNexis Risk Solutions  
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.

Media Contact:
Marcy Theobald
678.860.3639 
Marcy.theobald@lexisnexisrisk.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lexisnexis-risk-solutions-ranks-first-and-as-established-leader-in-juniper-researchs-global-fraud-detection-and-prevention-in-banking-market-report-302227849.html

SOURCE LexisNexis Risk Solutions

FAQ

What ranking did LexisNexis Risk Solutions receive in Juniper Research's 2024 fraud detection report?

LexisNexis Risk Solutions was ranked first and as an Established Leader in Juniper Research's Global Fraud Detection and Prevention in Banking Market Report for 2024.

What are the key fraud detection solutions offered by LexisNexis Risk Solutions (RELX)?

LexisNexis Risk Solutions offers three key fraud detection solutions: LexisNexis Emailage, LexisNexis RiskNarrative, and LexisNexis ThreatMetrix.

How does LexisNexis Emailage work to detect fraud?

LexisNexis Emailage provides a risk score based on email intelligence, combining advanced analysis, machine learning, artificial intelligence, and real transaction outcomes.

What is the main function of LexisNexis RiskNarrative in fraud prevention?

LexisNexis RiskNarrative enables customer onboarding within a single, unified platform for anti-money laundering, fraud, compliance, and risk management, allowing organizations to manage financial crime lifecycle journeys without coding.