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Prove Identity and LexisNexis Risk Solutions Form Strategic Partnership to Mitigate Identity Fraud

Prove Identity and LexisNexis Risk Solutions Form Strategic Partnership to Mitigate Identity Fraud

The new partnership will give European companies one-stop-shop access to both Prove and LexisNexis Risk Solutions best-in-class digital identity and authentication technology to make customer experiences safer, easier and faster

Prove Identity, (“Prove”), the global leader in digital identity, announced a new strategic partnership with LexisNexis Risk Solutions UK & Ireland, part of RELX and a leading provider of information-based analytics and decision tools for professional and business customers, to equip European region businesses with best-in-class fraud prevention and digital identity authentication technology. The new partnership will give companies one-stop-shop access to both Prove’s unique phone-centric identity and authentication solutions and LexisNexis Risk Solutions’ robust suite of fraud intelligence solutions. This powerful combination of two leading identity authentication and fraud prevention specialists will enable businesses to better combat APP, impersonation and money mule fraud, while also speeding up and enhancing their customer experiences.

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“The mobile channel is increasingly dominant as the main route for access to online services and this partnership will help further enhance fraud prevention technologies for clients to ensure their customers enjoy a safe and secure browsing experience with minimal threat from fraud.”

“The aim of this partnership is to equip companies with the capabilities that will drive customers towards a continuous path of safeguarded secure online experiences,” said Steve Elliot, Managing Director at LexisNexis Risk Solutions, UK & Ireland. “The mobile channel is increasingly dominant as the main route for access to online services and this partnership will help further enhance fraud prevention technologies for clients to ensure their customers enjoy a safe and secure browsing experience with minimal threat from fraud.”

The new partnership will give clients access to Prove’s Mobile Auth™, Trust Score® and Identity Verify™ products.

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“As mobile device technology becomes increasingly sophisticated, so must our security practices,” said Paul Busby, Senior Vice President, International GTM at Prove. “This partnership demonstrates our commitment in offering solutions that will meet the highest levels of compliance and security across all regions of the world.”

Prove’s solutions are used by more than 1,000 businesses across diversified industries, including 9 of the top 10 U.S. banks, 2 of the top 5 U.K. banks, 2 of the top 3 global cryptocurrency exchanges, 3 of the top 5 retailers, 2 of the top 3 healthcare companies, and 6 of the top 10 insurance companies in the U.S.

LexisNexis Risk Solutions provides a broad set of capabilities that successfully unify online and offline identity attributes to provide a complete view of customer risk, enabling highly successful risk-based authentication to help clients fight fraud, mitigate risk and remain compliant.

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