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UK firms spending £22k each hour on fighting fraud
UK financial services organisations are collectively spending £32.4bn each year on financial crime compliance (FCC), according to a report from LexisNexis Risk Solutions.
Financial services fear fraud rise with cost-of-living crisis
Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.
LexisNexis helps Darlington Building Society prevent financial crime
LexisNexis Risk Solutions will help Darlington Building Society onboard customers and bolster financial crime prevention and compliance screening.
SMB lending fraud rises in US – LexisNexis study reveals
Small and midsize business (SMB) lending fraud has increased by 6.9% in the US since 2020, according to a new report from LexisNexis Risk Solutions.
E-commerce fraud drops by 36% in 12 months
E-commerce fraud attacks have dropped by 36% over the past 12 months, as usage of 3-D Secure (3DS) transactions surge, research from LexisNexis® Risk Solutions claimed.
LexisNexis acquires TruNarrative to bolster anti-financial crime efforts
LexisNexis Risk Solutions has acquired TruNarrative, a provider of cloud-based financial crime detection and prevention technology.
Nearly half of financial institutions to spend SCA extension time on...
UK banks welcome the six-month extension to implement strong customer authentication (SCA) for e-commerce transactions, with 42% planning to use the time to improve and enhance their roll out plans.
LexisNexis unveils new tool to fight email fraud
The news are coming strong and fast now for LexisNexis. Yesterday we reported that the company had inked a new deal with Nuggets and now it has unveiled a new email fraud prevention tool.
LexisNexis inks deal with Nuggets to boost adoption of self-sovereign digital...
Data and analytics platform LexisNexis Risk Solutions has formed a partnership with Nuggets to support the implementation of self-sovereign digital identity (SSI) solution.
LexisNexis adds behavioural biometrics to its tool suite
LexisNexis® Risk Solutions has added behavioural biometrics to is selection of fraud and identity solutions.
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