Best Antifraud Solution—Mobile Solution & Best Identity Verification / Authentication Solution
For the third straight year, LexisNexis Risk Solutions (LNRS) has received a CNP Award. This year, however, the Alpharetta, Ga.-based company won Judges Choice honors in two categories—Best Antifraud Solution – Mobile Solution and Best Identity Verification/ Authentication Solution—after claiming one crystal trophy each in 2020 and 2021. The company serves nearly 3,000 customers with its identity verification solution in North America, EMEA, LATAM and APAC.
LNRS says identity verification and authentication are two sides of an important coin that organizations rely on every day. The LexisNexis® Dynamic Decision Platform integrates a full portfolio of digital and physical identity verification and authentication solutions to provide a holistic view of identity. The company says this provides depth and breadth of a wide variety of physical and digital data available to LNRS users.
From a mobile antifraud perspective, customers have been using LNRS’s solution since 2014 when it was introduced by ThreatMetrix before those companies merged.
The mobile fraud solution is powered by digital identity intelligence from the LexisNexis® Digital Identity Network® to provide a more holistic view of identity insights, helping businesses confidently differentiate between a trusted customer and fraudster in real-time. The solution provides robust fraud protection for the mobile channel with a lightweight software development kit (SDK) for Google Android and Apple IOS mobile devices. Integration of the SDK into native mobile apps is simple and delivers strong device identification, with the ability to detect host application breaches, while evaluating the security posture of the device. Legitimate users on trusted devices are confidently recognized, while high-risk signals or anomalies can be flagged for review, all in real-time.