LexisNexis Risk Solutions Completes IDVerse Acquisition
LexisNexis Risk Solutions, a RELX company, has completed its acquisition of IDVerse, an AI-powered document authentication and fraud detection solutions provider. IDVerse, founded in Australia and launched in 2018, will be integrated into LexisNexis' Business Services segment.
IDVerse's technology leverages deep neural networks to verify identity documents and perform biometric matching, capable of authenticating over 16,000 types of identity documents globally. The solution will be available within LexisNexis' RiskNarrative platform, IDU, and as a standalone solution in the Dynamic Decision Platform later this year.
The integration aims to enhance LexisNexis' multi-layered identity verification capabilities, particularly in combating AI-generated fraud and deepfakes. The combined solution will offer improved risk insights, consumer protection, and financial inclusion while helping organizations maintain optimal risk posture.
LexisNexis Risk Solutions, una società di RELX, ha completato l'acquisizione di IDVerse, un fornitore di soluzioni per l'autenticazione dei documenti e la rilevazione delle frodi basato su intelligenza artificiale. IDVerse, fondata in Australia e lanciata nel 2018, sarà integrata nel segmento dei Servizi Aziendali di LexisNexis.
La tecnologia di IDVerse sfrutta reti neurali profonde per verificare i documenti d'identità e eseguire il riconoscimento biometrico, in grado di autenticare oltre 16.000 tipi di documenti d'identità a livello globale. La soluzione sarà disponibile all'interno della piattaforma RiskNarrative di LexisNexis, IDU, e come soluzione autonoma nella Dynamic Decision Platform entro la fine dell'anno.
L'integrazione mira a potenziare le capacità di verifica dell'identità multilivello di LexisNexis, in particolare nella lotta contro le frodi generate dall'IA e i deepfake. La soluzione combinata offrirà migliori informazioni sui rischi, protezione dei consumatori e inclusione finanziaria, aiutando le organizzazioni a mantenere una postura di rischio ottimale.
LexisNexis Risk Solutions, una empresa de RELX, ha completado la adquisición de IDVerse, un proveedor de soluciones de autenticación de documentos y detección de fraudes impulsado por inteligencia artificial. IDVerse, fundada en Australia y lanzada en 2018, se integrará en el segmento de Servicios Empresariales de LexisNexis.
La tecnología de IDVerse utiliza redes neuronales profundas para verificar documentos de identidad y realizar emparejamiento biométrico, capaz de autenticar más de 16,000 tipos de documentos de identidad a nivel mundial. La solución estará disponible dentro de la plataforma RiskNarrative de LexisNexis, IDU, y como solución independiente en la Dynamic Decision Platform a finales de este año.
La integración tiene como objetivo mejorar las capacidades de verificación de identidad en múltiples capas de LexisNexis, particularmente en la lucha contra el fraude generado por IA y los deepfakes. La solución combinada ofrecerá mejores conocimientos sobre riesgos, protección al consumidor e inclusión financiera, ayudando a las organizaciones a mantener una postura de riesgo óptima.
LexisNexis Risk Solutions, RELX의 자회사, 가 IDVerse를 인수했습니다. IDVerse는 인공지능 기반의 문서 인증 및 사기 탐지 솔루션 제공업체입니다. IDVerse는 2018년에 호주에서 설립되어 LexisNexis의 비즈니스 서비스 부문에 통합될 것입니다.
IDVerse의 기술은 심층 신경망을 활용하여 신원 문서를 검증하고 생체 인식 매칭을 수행하며, 전 세계에서 16,000종 이상의 신원 문서 인증이 가능합니다. 이 솔루션은 LexisNexis의 RiskNarrative 플랫폼, IDU 내에서 제공되며, 올해 말 Dynamic Decision Platform에서 독립형 솔루션으로 제공될 예정입니다.
이번 통합은 LexisNexis의 다층 신원 검증 기능을 강화하여 AI 생성 사기 및 딥페이크에 대응하는 것을 목표로 하고 있습니다. 통합 솔루션은 향상된 위험 통찰력, 소비자 보호 및 금융 포용성을 제공하며, 조직이 최적의 위험 자세를 유지하도록 돕습니다.
LexisNexis Risk Solutions, une entreprise de RELX, a finalisé l'acquisition de IDVerse, un fournisseur de solutions d'authentification de documents et de détection de fraude basé sur l'intelligence artificielle. IDVerse, fondée en Australie et lancée en 2018, sera intégrée au segment des Services aux Entreprises de LexisNexis.
La technologie d'IDVerse s'appuie sur des réseaux neuronaux profonds pour vérifier les documents d'identité et effectuer un appariement biométrique, capable d'authentifier plus de 16 000 types de documents d'identité dans le monde. La solution sera disponible dans la plateforme RiskNarrative de LexisNexis, IDU, et comme solution autonome dans la Dynamic Decision Platform plus tard cette année.
L'intégration vise à améliorer les capacités de vérification d'identité à plusieurs niveaux de LexisNexis, en particulier dans la lutte contre la fraude générée par l'IA et les deepfakes. La solution combinée offrira de meilleures informations sur les risques, une protection des consommateurs et une inclusion financière, tout en aidant les organisations à maintenir une posture de risque optimale.
LexisNexis Risk Solutions, ein Unternehmen von RELX, hat die Übernahme von IDVerse abgeschlossen, einem Anbieter von KI-gestützten Dokumentenauthentifizierungs- und Betrugserkennungslösungen. IDVerse, gegründet in Australien und 2018 gestartet, wird in den Geschäftsbereich von LexisNexis integriert.
Die Technologie von IDVerse nutzt tiefe neuronale Netzwerke zur Überprüfung von Identitätsdokumenten und zur biometrischen Zuordnung, die in der Lage ist, über 16.000 Arten von Identitätsdokumenten weltweit zu authentifizieren. Die Lösung wird innerhalb der RiskNarrative-Plattform von LexisNexis, IDU, und als eigenständige Lösung in der Dynamic Decision Platform später in diesem Jahr verfügbar sein.
Die Integration zielt darauf ab, die mehrschichtige Identitätsverifikationsfähigkeit von LexisNexis zu verbessern, insbesondere im Kampf gegen KI-generierten Betrug und Deepfakes. Die kombinierte Lösung wird verbesserte Risikoeinsichten, Verbraucherschutz und finanzielle Inklusion bieten und Organisationen helfen, eine optimale Risikoposition aufrechtzuerhalten.
- Acquisition expands capabilities in AI-powered fraud detection and identity verification
- Technology can verify over 16,000 types of identity documents globally
- Integration enhances defense against emerging threats like deepfakes
- Strengthens LexisNexis' product portfolio with multiple platform integrations
- None.
Insights
This strategic acquisition significantly strengthens RELX's position in the rapidly growing digital identity verification market, which is projected to reach $18.6 billion by 2026. By integrating IDVerse's AI-powered technology into its existing RiskNarrative platform and Dynamic Decision Platform, LexisNexis Risk Solutions is positioning itself as a leader in combating sophisticated fraud attempts, particularly AI-generated deepfakes.
The timing of this acquisition is particularly strategic, coinciding with the surge in AI-generated fraud attempts and increasing regulatory pressure on organizations to implement robust Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. The integration of IDVerse's technology into LexisNexis' existing solutions will create a powerful end-to-end identity verification and fraud prevention platform, offering significant cross-selling opportunities across RELX's diverse client base.
The acquisition brings three key competitive advantages:
- Enhanced AI capabilities for detecting sophisticated fraud attempts, particularly deepfakes
- Expanded global coverage with verification capabilities for over 16,000 document types
- Improved speed-to-market for fraud model updates through self-learning AI technology
For RELX investors, this acquisition represents a strategic enhancement to its recurring revenue model, as identity verification services typically generate steady subscription-based income. The integration into existing platforms suggests minimal disruption to current operations while providing immediate cross-selling opportunities to the existing client base.
Acquisition expands LexisNexis Risk Solutions' capabilities in risk and fraud solutions and enhances digital identity onboarding and identity verification through AI-powered technology
Founded in
Once integration is complete, LexisNexis Risk Solutions will offer clients even more robust risk insights to better protect consumers, promote financial inclusion for trusted individuals and help organizations globally maintain an optimal risk posture.
Combining LexisNexis Risk Solutions' multi-layered identity verification tools with IDVerse's complementary AI-powered technology will address both evolving customer needs and emerging threats. Expanding global ID verification capabilities will bolster defenses against AI-generated fraud, while IDVerse's self-learning AI will ensure advanced fraud detection, faster fraud model updates and even more accurate identity verification.
Rick Trainor, CEO of Business Services at LexisNexis Risk Solutions, stated, "Anti-fraud capabilities need to advance as fast or faster than fraudsters innovate their tactics. AI-powered solutions are critical in defending against fraud, particularly AI-generated fraud such as deepfakes. IDVerse's accelerated innovation in this field is impressive, and I'm eager to see how our complementary cutting-edge solutions will combine to take our anti-fraud capabilities to new levels."
The terms of the transaction have not been disclosed.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro
About RELX
RELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 36,000 people over
About IDVerse
IDVerse provides tools and infrastructure that help empower the identity verification industry, enabling businesses to verify anyone's identity within seconds using only their face and smartphone. IDVerse harnesses the power of regenerative AI to not only fight fraud and deepfakes but also significantly reduce associated risks. IDVerse is trusted by financial institutions, fintech, the public sector and global enterprises with offices in
Media Contacts:
LexisNexis Risk Solutions
Ade O'Connor
+44 78 9091 8264
Ade.O'Connor@lexisnexisrisk.com
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FAQ
What are the key benefits of LexisNexis Risk Solutions' acquisition of IDVerse for RELX shareholders?
How many types of identity documents can IDVerse's technology verify after the RELX acquisition?
When will IDVerse be available as a standalone solution in LexisNexis' Dynamic Decision Platform?
What specific fraud prevention capabilities does the IDVerse acquisition add to RELX's LexisNexis?
Which LexisNexis platforms will integrate IDVerse's technology following the acquisition?
