Tagged: Lexis Nexis

November 1, 2024 @ 4:45 pm By Tony Zerucha  |  

This week, LexisNexis Risk Solutions unveiled the findings of its inaugural Global Consumer Lending Confidence Report. The study, conducted by Datos Insights, reveals that as visibility into consumer risk provided by traditional credit data shifts, financial institutions worldwide are expanding their use of alternative data… Read More

July 14, 2024 @ 3:30 pm By Omar Faridi  |  

LexisNexis Risk Solutions released a study evaluating how financial institutions (FIs) detect and mitigate authorized transfer scams, where fraudsters manipulate or deceive account holders to transfer funds to them. The study, Defend Against Authorized Transfer Scams, finds “that fraud risk and mitigation strategy leaders at… Read More

May 27, 2024 @ 10:06 pm By Omar Faridi  |  

LexisNexis Risk Solutions released the results of its annual Cybercrime Report, an analysis of data from 92 billion transactions processed through its LexisNexis Digital Identity Network throughout 2023. The report, Confidence Amid Chaos, reveals “a 19% year-over-year (YOY) increase in the global human-initiated digital attack rate… Read More

May 3, 2024 @ 6:33 pm By Tony Zerucha  |  

The 2023 LexisNexis True Cost of Fraud Study – Asia Pacific finds that fraud costs APAC-based businesses nearly quadruple the face value lost in fraudulent transactions. In Australia, 66% of companies reported an increase in fraud in the 12 months prior to the survey, while… Read More