Welcome to our dedicated page for Relx Plc news (Ticker: RELX), a resource for investors and traders seeking the latest updates and insights on Relx Plc stock.
News and announcements related to RELX PLC (RELX) highlight the activities of its businesses in information-based analytics, decision tools and events. RELX is described as a global provider of information-based analytics and decision tools for professional and business customers, serving customers in more than 180 countries with offices in about 40 countries. Its shares are traded on the London, Amsterdam and New York stock exchanges.
A significant portion of recent news involves LexisNexis Risk Solutions, a RELX business. These updates cover topics such as fraud and identity management awards, insurance market research, home insurance trends, property claims analytics, medical data solutions for life insurance underwriting, and studies on fraud in public benefit programs. Such news offers insight into how data and analytics are being applied to risk management, insurance, government programs and other sectors.
Other RELX-related news items feature Brightmine, a global HR and data insights provider that is part of LexisNexis Risk Solutions, and RX, the events and exhibitions organizer within RELX. Brightmine releases research on workplace dynamics and HR policy challenges, while RX announces large-scale trade shows and exhibitions across multiple industries and geographies.
Investors and observers who follow RELX news can use this page to review updates on analytics products, research reports, industry studies, event announcements and corporate developments reported by RELX businesses. Regularly reviewing these items can help readers understand how RELX-related companies are applying data, analytics and technology in their respective markets.
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LexisNexis Risk Solutions has launched the Financial Crime Digital Intelligence to enhance financial crime compliance workflows. This innovative solution leverages digital identity data to address escalating sanctions risks associated with digital transactions, a challenge exacerbated by COVID-19.
Key features include Sanctions Location Risk and Sanctions List Match, which utilize real-time data for risk assessment. The product aims to empower compliance teams by modernizing legacy methodologies and improving risk evaluation aligned with digital transaction trends.
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LexisNexis Risk Solutions and Forrester Consulting conducted research revealing the growing importance of identity verification (IDV) and authentication solutions in a post-pandemic environment. The study indicates that 64% of respondents agree that the pandemic heightened the significance of these processes, with 71% prioritizing customer experience. Furthermore, 86% plan to enhance their IDV processes within a year. Key recommendations include employing a mix of technologies to improve fraud protection and consistently measuring machine learning model effectiveness to optimize customer interactions.
Cirium has re-launched its On-Time Performance Report, marking a significant return for the aviation sector as flight volumes increase globally. In May 2021, Japan Airlines, Hawaiian Airlines, Red Wings, and Avianca were recognized as the most punctual airlines in their regions. Tokyo's Haneda Airport achieved the highest on-time performance globally. The report, which assesses punctuality based on over 300 terabytes of data, indicates a positive trend in airline and airport performance since its suspension during the COVID-19 pandemic.
LexisNexis® Risk Solutions has launched its Emailage® product for the insurance market in the U.S., enhancing risk assessment through email intelligence. This solution aims to combat insurance fraud by providing an email risk score that identifies potential fraudulent activity. The product leverages over 5.9 billion digital identifiers, improving fraud capture rates by 42%, reducing manual review volumes by 27%, and increasing acceptance rates of transactions by 16%. It is part of a broader strategy to streamline online transactions while safeguarding against cyber threats.
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LexisNexis Risk Solutions, a subsidiary of RELX, received the Judge's Choice award for the Best Identity Verification/Authentication Solution at the 2021 CNP Awards. This award recognizes companies that effectively authenticate cardholders in digital environments. With a focus on enhancing consumer trust, LexisNexis employs advanced identity verification technologies that include biometric assessments and digital risk evaluations. The win marks their second consecutive year of recognition in this category, highlighting their leadership in combating digital fraud.
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