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LexisNexis Risk Solutions Named a Leader in Identity Verification Solutions, Q4 2022 Report

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LexisNexis Risk Solutions has been recognized in The Forrester Wave™: Identity Verification Solutions, Q4 2022, receiving top ratings in 17 evaluation criteria. The report assessed current offerings, strategy, and market presence. LexisNexis scored 5.0 in 10 out of 11 criteria in Current Offering and achieved top ratings in five Strategy categories. This recognition reflects the company's commitment to enhancing consumer trust through advanced fraud risk and identity verification tools. Recent acquisitions, including ThreatMetrix and BehavioSec, bolster its capabilities, providing impactful insights for companies combating fraud.

Positive
  • Achieved highest ratings in 17 out of 22 criteria in Forrester's report.
  • Scored 5.0 in 10 out of 11 criteria in the Current Offering category.
  • Received top scores in Strategy categories for product vision and execution roadmap.
  • Recent acquisitions enhance capabilities in fraud risk and identity verification.
Negative
  • None.

LexisNexis Risk Solutions Received the Highest Ratings Possible in 17 Criteria

ATLANTA, Jan. 31, 2023 /PRNewswire/ -- LexisNexis® Risk Solutions has been recognized as a leader in The Forrester Wave™: Identity Verification Solutions, Q4 2022 report. Findings from the report stem from a 22-criteria evaluation across three categories: current offering, strategy and market presence.

LexisNexis Risk Solutions received scores of 5.0, the highest rating possible, in 17 of the evaluated criteria. According to the Forrester Research report, "With the rise of identity theft across all industries, identity verification (IDV) is becoming more central to the customer digital journey," and "LexisNexis Risk Solutions offers a comprehensive IDV solution."

Kimberly Sutherland, vice president of fraud and identity strategy for North America at LexisNexis Risk Solutions, said, "Forrester's ranking validates for us our commitment to enable trusted consumer interactions and fraud intelligence through a full suite of fraud risk, verification and authentication tools. As a result, our customers receive moment to moment, on-demand insights that enables them to fight fraud while providing a positive consumer experience."

LexisNexis Risk Solutions received the highest scores possible in the Current Offering category in 10 out of the 11 criteria. Forrester also gave the company the highest rating possible for five criteria within the Strategy category for product vision, execution roadmap, planned enhancements, delivery model and supporting products and services. According to the Forrester Research report, LexisNexis Risk Solutions has "a forward-looking product vision and execution roadmap" and is a good fit for "companies looking for an all-around IDV solution with decent geographical coverage."

The LexisNexis Risk Solutions vendor profile in the Forrester report reflects some the company's acquisitions in the fraud space over the past several years: ThreatMetrix®, ID Analytics® and Emailage®. Through these integrated capabilities and the more recent addition of advanced behavioral biometrics technology through its BehavioSec® acquisition, LexisNexis Risk Solutions provides its customers impactful insights with a suite of risk assessment and authentication tools. 

Sutherland added, "We will continue innovating to develop risk-based identity and authentication solutions that protect clients from fraud and deliver an elegant customer experience. Our comprehensive product roadmap and the advanced capabilities of our fraud platform and portals keep us focused on future innovation while keeping rooted in solutions that help solve our customers' challenges and sustain their businesses."             

Download the full Forrester Wave™: Identity Verification Solutions, Q4 2022 report.

Learn why Forrester Research Inc. ranked LexisNexis Risk Solutions as a leader for IDV. Explore our Identity Verification and Authentication Solutions.

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-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.

Media Contact:

Marcy Theobald
LexisNexis® Risk Solutions
678.694.6681
marcy.theobald@lexisnexisrisk.com

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SOURCE LexisNexis Risk Solutions

FAQ

What did LexisNexis Risk Solutions achieve in the Forrester Wave report for Q4 2022?

LexisNexis Risk Solutions received the highest ratings possible in 17 evaluation criteria.

What categories were analyzed in the Forrester Wave report for LexisNexis?

The report evaluated Current Offering, Strategy, and Market Presence.

What is the significance of LexisNexis scoring 5.0 in the Forrester report?

A score of 5.0 indicates the highest rating, showcasing LexisNexis's strong identity verification solutions.

How do acquisitions impact LexisNexis Risk Solutions according to the Forrester report?

Acquisitions like ThreatMetrix and BehavioSec enhance their fraud risk and identity verification tools.

What does the Forrester report suggest about the future of LexisNexis Risk Solutions?

The report highlights LexisNexis's innovative roadmap, positioning them well for future identity verification needs.

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