Tag : LexisNexis Risk Solutions

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds
Fintech News

Financial Institutions Struggle to Meet Customer Expectations in Fighting Authorized Transfer Scams, LexisNexis Risk Solutions Study Finds

PR Newswire
by PR Newswire0
Only 50% of organizations have confidence in their ability to stop scammers. Sixty-nine percent (69%) find it difficult to break a victim’s belief or trust in a scammer. Just four percent (4%) of FIs can alert customers to scams involving impersonation of financial services employees within 24 hours. LexisNexis Risk......
Introducing VitalIQ LexisNexis Risk Solutions Rebrands Its Pioneering Vital Records Platform for Enhanced Efficiency and Integration
Finance Fintech News

Introducing VitalIQ: LexisNexis Risk Solutions Rebrands Its Pioneering Vital Records Platform for Enhanced Efficiency and Integration

PR Newswire
by PR Newswire0
Building on Two Decades of Leadership in Vital Records Management, VitalIQ Elevates Privacy and Security for Agencies and Constituents Alike LexisNexis Risk Solutions, a leading provider of data, analytics, and technology, today announced the official renaming launch of LexisNexis VitalIQTM previously known as LexisNexis® Database Application for Vital Events (DAVE),......
LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study
Compliance management News

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study

Fintech News Desk
by Fintech News Desk0
 The intensifying challenge of keeping up with the complex sanctions environment is leading financial institutions to confront a growing screening workload, increasing the number of screening alerts at 79% of organizations. LexisNexis Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific.......
Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada
Compliance management News

Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada

PR Newswire
by PR Newswire0
True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence Financial crime compliance costs have risen for 99% of financial institutions 70% of financial institutions prioritize cutting compliance costs in next 12 months Cryptocurrencies and AI techniques are now being adopted by criminals as tools......
LexisNexis Risk Solutions Ranks as Functionality Standout in 2023 Celent AML Transaction Monitoring Report
Compliance management Finance News

LexisNexis Risk Solutions Ranks as Functionality Standout in 2023 Celent AML Transaction Monitoring Report

PR Newswire
by PR Newswire0
LexisNexis RiskNarrative Ranked as a Leader Among New Market Entrants LexisNexis Risk Solutions announced its LexisNexis RiskNarrative platform ranked as a Functionality Standout in Celent’s 2023 AML (anti-money laundering) Transaction Monitoring (TM) Report. Celent evaluated 40 software providers worldwide with the final report featuring 17 profiled vendors. Celent used its proprietary ABC methodology to......
LexisNexis Insurance Demand Meter Registers as Nuclear for New Policy Growth and Hot for Shopping in Q4 2022
InsurTech News

LexisNexis Insurance Demand Meter Registers as “Nuclear” for New Policy Growth and “Hot” for Shopping

PR Newswire
by PR Newswire0
Auto insurance shopping and policy switching spiked in response to rate increases from U.S. carriers The latest edition of the LexisNexis Risk Solutions Insurance Demand Meter reports the quarterly year-over-year U.S. auto insurance shopping growth rate rose 2.8% in Q4 2022, up from +1.2% growth in Q3 2022 as auto insurers continue......
LexisNexis Risk Solutions Launches Innovative Insurance Customer Data Management Solution
InsurTech News

LexisNexis Risk Solutions Launches Innovative Insurance Customer Data Management Solution

Fintech News Desk
by Fintech News Desk0
LexID for Insurance Gives Insurers a More Holistic View of Their Customers LexisNexis Risk Solutions, a leading provider of data, analytics and technology for the insurance industry, now offers U.S. insurance carriers superior assistance in linking and connecting disparate customer records through LexID for Insurance. LexID is the unique identifier built......
LexisNexis® Risk Solutions Study Reveals Sharp Rise of Financial Crime Compliance Costs, Now Nearly $49.9 Billion Per Year for Financial Institutions in the United States and Canada
Fintech News

LexisNexis Risk Solutions Study Reveals Sharp Rise of Financial Crime Compliance Costs, Now Nearly $49.9 Billion Per Year for Financial Institutions in the United States and Canada

Fintech News Desk
by Fintech News Desk0
Decision makers inside banks, investment firms, asset managers and insurance firms identify the drivers impacting financial crime compliance LexisNexis Risk Solutions revealed the results of its annual True Cost of Financial Crime Compliance Study for the U.S. and Canada. The total projected cost of financial crime compliance for the region......
LexisNexis Risk Solutions Teams with Kia America to Unlock the Power of ADAS for Kia Customers Shopping for Insurance
Investments News

LexisNexis Risk Solutions Teams with Kia America to Unlock the Power of ADAS for Kia Customers Shopping for Insurance

Fintech News Desk
by Fintech News Desk0
Enhanced Vehicle Build Data Enables U.S. Auto Insurers to Better Assess Risk Reduction and Potentially Reward Drivers of Kia Vehicles that have Driver Assistance Features Kia America has entered into an agreement to supply vehicle build data to  LexisNexis Risk Solutions, a leading data, analytics and technology provider, to help Kia owners......
Accuity Study Reveals Failed Payments Cost the Global Economy $118.5 Billion in 2020
Economy Finance Fintech News

Accuity Study Reveals Failed Payments Cost the Global Economy $118.5 Billion in 2020

Fintech News Desk
by Fintech News Desk0
Key findings: 60% of organizations reported losing customers as a result of failed payments 60% of organizations reported losing customers as a result of failed payments Fewer than 50% are actively trying to improve their payments process despite nearly all respondents citing disappointment with failure rates Over one third of......
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