LexisNexis Risk Solutions Receives Two Awards for its Innovation in Payments Risk Management and Fraud and Identity Solutions

November 29, 2023 12:00 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

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:

 

  1. Regulation Asia Awards for Excellence: Fraud & Financial Crime Category: Best Anti-Fraud Solution
  2. Emerging Payments Association Asia (EPA) APAC Payments Excellence Awards: Payment Fraud and Risk Excellence

ThreatMetrix® is an enterprise solution for digital identity intelligence and authentication that analyzes more than 250 million transactions daily from more than 5,000 global businesses to inform daily transaction decisions.

"We are proud to receive these esteemed industry recognitions, which validate our commitment to delivering cutting-edge fraud prevention and risk management solutions," said Stephen Topliss, vice president, fraud and identity, LexisNexis Risk Solutions. "ThreatMetrix is a comprehensive solution that combines digital identity insights, machine learning and global intelligence to deliver real-time risk assessments. By leveraging the power of the LexisNexis® Digital Identity Network®, ThreatMetrix has established itself as a trusted partner for businesses worldwide, providing a holistic view of identities and enabling confident risk-based decisions."

The Regulation Asia Best Anti-Fraud Solution Award recognized ThreatMetrix as the industry's leading anti-fraud solution for the second consecutive year, emphasizing its role in enabling businesses to make informed trust and identity decisions in milliseconds. Its capacity to detect suspicious behavior and strengthen fraud defenses helps to protect valuable transactions and mitigate cybersecurity risks.

The panel credited LexisNexis Risk Solutions for delivering a "scalable and effective anti-fraud solution" with "real-time device and behaviour analysis capabilities". One judge said: "In this era of high-speed payments and increasingly sophisticated fraudsters, ThreatMetrix delivers much-needed device intelligence, authentication and identity verification capabilities that are unmatched in the industry."

The recognition in the Payment Fraud and Risk Excellence category of the EPA APAC Payments Excellence Awards acknowledges ThreatMetrix as a frontrunner in combatting fraud at multiple touchpoints throughout the entire customer lifecycle, spanning from logins to payments. The company's multi-layered defense approach, driven by advanced machine learning and behavioral intelligence, empowers financial institutions and businesses to precisely detect and thwart fraudulent activities with minimal interference to legitimate transactions.

"We were blown away by the caliber of the nominations received and the broad representation throughout APAC," said Linda Stanojevic, managing director of awards program and chief social media officer, Emerging Payments Association Asia. "Our 50+ judges had their job cut out for them, scoring each nomination based on set criteria for each category, making sure to keep the process objective."

About LexisNexis Risk Solutions 
LexisNexis® Risk Solutions includes seven brands that span multiple industries and sectors. We harness the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses 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:
Ade O'Connor
+44 7890 918 264
ade.o'[email protected] 

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

Two ASX Listed Stocks Giving Bullish Indications

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.