LexisNexis Risk Solutions has agreed to acquire fraud prevention and risk management solution Emailage.
Following the close of the deal, Emailage will become part of the Business Services group of LexisNexis.
Founded in 2012, Emailage helps organizations lower online fraud through multi-dimensional profiles associated with addresses to render predictive risk scores. Financial services leverage Emailage to access identity verification on email, phone, customer name, address and more information.
The two companies already had an existing partnership which enabled customers to access email risk assessments from around the world.
The acquisition is part of LexisNexis’ growth strategy which includes strategic acquisitions.
LexisNexus recently completed the purchase of ID Analytics, a provider of credit and fraud risk solutions. The deal enables clients of LexisNexus to combine data resources and technology to generate actionable insights to improve risk assessments.
Rick Trainor, CEO of LexisNexis Risk Solutions, Business Services, said, “We are continuously evolving our fraud prevention and identity assessment solutions to help our customers fight fraud. Emailage’s broad email and digital data attributes network, inquiry data and confirmed fraud feedback complement our deep expertise in contributory data management and linking technology.
“This strategic acquisition will expand our digital identity intelligence and fraud prevention services, providing our customers an even more comprehensive view into consumers for more predictive risk assessment.”
US-based LexisNexis utilises data analytics to generate insights which businesses and governments can use to lower risk.
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