Safeguard your organization against new instances of fraud with LexisNexis® Fraud Detection and Prevention solutions delivering real-time fraud detection to mitigate risk, reduce manual reviews and streamline order management.
Our solutions can help you reduce fraud risk by quickly and intelligently analyzing billions of records on businesses and individuals to uncover relevant information for better informed decision-making. In addition to extensive residential profiles, assets and derogatory histories, our solutions leverage the power of our proprietary algorithms and scoring capabilities to identify fraud patterns.
Leverage powerful identity verification and authentication tools to instantly verify that an identity exists, confirm key profile information including age, and authenticate ownership of the identity by an individual or business.
- LexisNexis® 2012 True Cost of Fraud Study
A majority of retail merchants do not feel fraud has an impact on customer loyalty. However, the latest research shows retailers are incurring additional post-fraud costs due to customer attrition. In addition, retailers face growing fraud risks from global commerce and mobile transactions.
In the 2012 True Cost of Fraud Study Annual Report, LexisNexis® Risk Solutions partnered with Javelin Strategy & Research to share details of these and other findings from our fourth annual landmark study of the impact of fraud on retail merchants.
Key Findings:
- The total cost per fraudulent transaction has gone up in 2012.
- The number of victims that are likely to change merchants due to fraud and what to do about it
- Why global merchants are now under siege from disproportionate rates of fraud.
- The disconnect between mobile payments fraud and adoption of mobile security.
- How to benefit by being aware of specific solutions, best practices and even pessimism—plus how to use the study to benchmark your fraud risk
Related Products
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- Retail Fraud Manager
- Automate workflow and connect fraud detection tools
- Risk Research
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- TrueID®
- Authenticate a user through fingerprint biometrics
