Detecting and deflecting criminal activity is only part of it.
Managing fraud in a large customer-facing organization can feel like the textbook definition of “one step forward, two steps back.” You fortify your processes and systems against known threats — only to be hit again with a new and different attack. Or, perhaps you don’t realize the extent of fraud exposure until it’s too late, and all you can do is try to stem your losses.
Whether proactive or reactive, fraud and identity management is an unrelenting cycle of increasing risk, expense and frustration. It’s particularly irritating for good customers who don't want to be caught up in cumbersome fraud detection efforts. And for your colleagues who want to introduce new services and channels.
Manage fraud more comprehensively with LexisNexis® Risk Solutions.
Our layered, risk-based solutions harness the industry’s most authoritative identity verification, fraud analytics and authentication services to address fraud across multiple dimensions.
- Streamline new account application and account servicing.
- Reduce customer friction.
- Optimize processes and create a more nuanced authentication approach.