LexisNexis Risk Solutions

60 results about this entity

Period: 12 Apr 2005 - 16 Feb 2024

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Blockbid adopts bank-grade KYC tech from LexisNexis

Secure cryptocurrency trading platform Blockbid adds increased fraud prevention security and bank-grade know your customer (KYC) solutions, in a move to be one of the first exchanges that exceeds user expectations and voluntarily meets stringent global anti-money laundering requirements.

Financial crime compliance costs soar

New regulation and advancing criminal methodologies have seen financial crime compliance costs continue to soar in financial institutions in the last two years, according to new research from LexisNexis Risk Solutions, the global information solution provider, a part of RELX Group.

4th EU AML Directive will make curbing crime easier, but cost banks millions

4th EU AML Directive will make curbing crime easier, but cost banks millions

As the 4th EU AML Directive comes into force today, a pair of studies suggests that while most UK FS industry financial crime professionals think the new rules will make it easier to prevent money laundering, they are likely to cost banks millions in inefficient KYC checks.

Legacy tech will become barrier to fighting financial crime - survey

Legacy tech will become barrier to fighting financial crime - survey

More than 90% of senior financial crime professionals working in the UK banking industry are worried that their firms' legacy technology will become a barrier to fighting crooks over the next couple of years.

LexisNexis Risk receives FCA credit reference agency authorisation

LexisNexis Risk Solutions, a global big data, technology and analytics company, has today announced that the Tracesmart Group entities within its corporate structure in the United Kingdom have achieved authorisation from the Financial Conduct Authority (FCA) to become a Credit Reference Agency (CRA) and provide Credit Information Services.

Millennials unwilling to share data with banks/fintech startups

Today LexisNexis Risk Solutions releases its comprehensive Millennial Study: Privacy vs. Customer Experience report, which charts the digital consumer preferences and behaviors of Millennials in seven global markets—the U.S., U.K., Germany, Hong Kong, Malaysia, Mexico and Brazil.

Banks willing to collaborate on shared KYC utility

Financial institutions around the world not only prioritize financial inclusion and financial transparency, but also share the desire to increase data sharing and collaboration with their peers to achieve it, according to a new study by LexisNexis Risk Solutions, a global big data, technology and analytic linking company.

Elliptic and LexisNexis bring bank-grade AML to Bitcoin

Elliptic and LexisNexis bring bank-grade AML to Bitcoin

Blockchain intelligence outfit Elliptic is teaming up with LexisNexis Risk Solutions to bring what they claim is bank-grade risk management to Bitcoin.

LexisNexis Risk Solutions acquires Insurance Initiatives

LexisNexis Risk Solutions, part of RELX Group, today announces the acquisition of Insurance Initiatives, Ltd. (IIL), a business which provides a data distribution platform that extracts, hosts and processes large quantities of data to deliver information predominantly into the point-of-quote in the UK's Property & Casualty Insurance industry.

Mobile payment network Terra hires LexisNexis to strengthen compliance

Terra, a mobile-first international payment network, incubated by Mahindra Comviva, announced today a strategic collaboration with LexisNexis® Risk Solutions, a global big data, technology and analytics company, to protect its network against financial crime and facilitate secure growth of mobile-powered cross-border transactions.

Brazilian banks enlist LexisNexis Risk Solutions for new credit bureau

LexisNexis Risk Solutions, part of RELX Group, announced today it has been chosen by FEBRABAN, the Brazilian banking industry’s main federation, and Brazil’s top five banks to provide technical services for a new credit intelligence bureau that will modernise the current Brazilian credit risk information ecosystem.

Banks reach tipping point in fight against financial crime - research

Banks reach tipping point in fight against financial crime - research

UK banks are reaching a tipping point in the fight against financial crime, with more than 60% agreeing that there is enough or too much regulation, but inadequate enforcement, according to research from LexisNexis Risk Solutions.

LexisNexis upgrades AML compliance platform

LexisNexis Risk Solutions announced today the global launch of the latest version of its flagship AML compliance platform Bridger Insight XG that helps all risk, compliance and anti-money laundering professionals to increase operational efficiencies, consolidate compliance technology and simplify their due diligence processes.

Retailers lose 94% more revenue to fraud than 2014- LexisNexis

The LexisNexis True Cost of FraudSM study reveals merchants are overwhelmed by increasing revenue losses to fraud.

LexisNexis upgrades AML compliance platform

LexisNexis Risk Solutions announced today the global launch of the latest version of its flagship AML Compliance platform Bridger Insight XG that helps all risk, compliance and anti-money laundering professionals to increase operational efficiencies, consolidate compliance technology and simplify their compliance processes.

Fico targets underbanked with alternative credit scoring system

Fico targets underbanked with alternative credit scoring system

Fair Isaac is piloting a new credit scoring system that uses alternative data that should make it easier for the underbanked to prove their creditworthiness.

Reed Elsevier agrees £343m Accuity acquisition

Reed Elsevier agrees £343m Accuity acquisition

Anglo-Dutch publishing firm Reed Elsevier has agreed a £343 million cash deal to buy US reference data specialist Accuity.

US retailers face $100bn in ID fraud losses a year - study

US retailers face $100bn in ID fraud losses a year - study

US retailers rack up around $100 billion in identity fraud losses every year, absorbing nearly 10 times the cost incurred by financial institutions, according to a study from LexisNexis and Javelin Strategy & Research.

Reed Elsevier to buy US insurance data firm ChoicePoint for $4.1bn

Reed Elsevier to buy US insurance data firm ChoicePoint for $4.1bn

Publisher Reed Elsevier plans to integrate ChoicePoint with its LexisNexis Risk Information and Analytics Group to create a risk management business with $1.5 billion in revenues.

LexisNexis probe uncovers 59 security breaches

LexisNexis probe uncovers 59 security breaches

News and business information vendor LexisNexis says it has identified 59 incidents where personal data held on 310,000 US citizens by its US risk management database unit, Seisint, could have been accessed by fraudsters.

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