LexisNexis Risk Solutions Wins "Cyber Risk Solution of the Year" in 2021 Asia Risk Awards

LexisNexis Risk Solutions

PR92242

 

HONG KONG, Oct. 12, 2021 /PRNewswire=KYODO JBN/ --

 

-- Prestigious Awards Program Recognizes Outstanding Financial Technology

Products and Companies

 

The Asia Risk Awards (https://c212.net/c/link/?t=0&l=en&o=3318901-1&h=4053276789&u=https%3A%2F%2Fwww.asiariskcongress.com%2Fawards&a=Asia+Risk+Awards) announced that LexisNexis(R) Risk Solutions (https://c212.net/c/link/?t=0&l=en&o=3318901-1&h=558872189&u=https%3A%2F%2Frisk.lexisnexis.com%2F&a=LexisNexis%C2%AE+Risk+Solutions) has been selected as winner of the "Cyber Risk Solution of the Year" category

in the Asia Risk Technology Awards 2021 program.

 

Logo –

https://mma.prnewswire.com/media/494562/LexisNexis_Risk_Solutions_Logo.jpg

 

The Asia Risk Awards are long-running and prestigious awards for firms and

individuals involved in Asia's derivatives markets and in risk management. The

awards celebrate solution providers that serve financial services firms in

meaningful and innovative ways.

 

According to Blake Evans-Pritchard, Bureau Chief, Asia Risk, "Providing a high

standard in management and implementation of risk and regulatory technology has

never been more important. The examples that LexisNexis Risk Solutions provided

in its entry displayed innovation, creativity and use cases that put LexisNexis

Risk Solutions ahead of all other entries in this space. The judges thoroughly

enjoyed reading the application and agreed that it was the standout entry."

 

"In today's increasingly complex, hyper-connected and quickly evolving digital

world, organizations must rapidly evolve their strategies to effectively combat

fraud. The issue of how to approach the post-pandemic era is at the top of the

agenda for companies facing fraud risks and a changing regulatory environment,"

said Stephen Topliss, vice president of fraud and identity strategy, LexisNexis

Risk Solutions.

 

Topliss continued, "Our solutions combine advanced physical and digital

identity insights and are built to help customers stay ahead of this

challenging landscape. We are honored to be awarded this prestigious accolade,

which serves as a strong testament to our innovative technology that helps our

customers reduce both fraud and its associated costs to their business."

 

The LexisNexis Risk Solutions fraud platform combines digital identity

intelligence with physical identity insights for improved fraud detection. This

includes LexisNexis(R) ThreatMetrix(R), an enterprise solution for global

digital identity intelligence and authentication powered by insights from

billions of transactions, embedded machine learning and an orchestration and

decision platform.

 

LexisNexis(R) Behavioral Biometrics adds another layer of defense. Behavioral

Biometrics integrates the way a user interacts with their device, providing

information relating to the trustworthiness, integrity and authenticity of that

device to improve the detection of high-risk fraudulent scenarios to optimize

fraud prevention.

 

LexisNexis(R) Emailage helps businesses quickly detect additional aspects of

digital risk associated with consumer transactions, delivering succinct

decisioning data and an email risk score that helps stop fraud without negative

impact to genuine customers. This enables companies to approve transactions

faster while outsmarting quickly changing fraud tactics.

 

About LexisNexis Risk Solutions  

LexisNexis Risk Solutions harnesses the power of data and advanced analytics to

provide insights that help businesses and governmental entities reduce risk and

improve decisions to benefit people around the globe. We provide data and

technology solutions for a wide range of industries including insurance,

financial services, healthcare and government. Headquartered in metro Atlanta,

Georgia, we have offices throughout the world and are part of RELX (LSE:

REL/NYSE: RELX), a global provider of information and analytics for

professional and business customers. For more information, please visit

www.risk.lexisnexis.com and www.relx.com.

 

Media Contact:

Leslie Fung

Montieth SPRG

Tel: (+852) 2114 4960

Email: leslie@montiethsprg.com.hk

 

Joy Lau

Montieth SPRG

Tel: (+852) 2114 4935

Email: joy@montiethsprg.com.hk

 

SOURCE: LexisNexis Risk Solutions

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