Best Antifraud Solution (Established)
A first-time winner in the CNP Awards, LexisNexis Risk Solutions (LNRS) garnered the Judges Choice award in the Best Antifraud Solution category. The company serves about 6,000 customers with its fraud prevention technology including Best Buy, eBay, Home Depot, Kohl’s, Target and Walmart.
When LexisNexis Risk Solutions acquired ThreatMetrix in 2018, the combined organization was able to leverage a network comprising online identity insights from ThreatMetrix and vast physical identity data resources from LNRS to offer a fraud and authentication platform that helps companies distinguish with high accuracy between legitimate and fraudulent online behavior.
The solution, according to LNRS, enables “merchants to check against all attributes pertaining to someone’s digital identity (device IDs, email addresses, geolocation, biometrics, payment details, etc.), confirmed user behavior from other customers (consortium), as well as vast offline identity data sources from offline identity records (government issued identifiers, property records, motor vehicle registrations, insurance records, etc.).”