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Relx Plc - RELX STOCK NEWS

Welcome to our dedicated page for Relx Plc news (Ticker: RELX), a resource for investors and traders seeking the latest updates and insights on Relx Plc stock.

RELX plc (RELX) is a global provider of information-based analytics and decision tools for professional and business sectors. This news hub offers investors and professionals timely updates on strategic developments across its scientific, legal, and risk management divisions.

Access curated press releases and market-moving announcements including financial results, technology partnerships, and regulatory developments. Our collection spans RELX's innovations in data analytics, event organization, and sector-specific solutions that shape industries from healthcare to corporate compliance.

Key updates cover acquisition activity, product launches, and leadership changes impacting the company's global operations. Monitor evolving trends in information services through verified reports on RELX's expansion in digital solutions and risk assessment technologies.

Bookmark this page for streamlined tracking of RELX's market position through carefully vetted news sources. Return regularly to stay informed about developments affecting one of the world's most influential analytics providers.

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LexisNexis Risk Solutions released its 2022 Financial Transparency and Inclusion Report, indicating that 69% of financial institutions recognize transparency issues as barriers to underserved customers. The survey highlights that the unbanked and underbanked face significant challenges in onboarding due to inadequate data. Key findings reveal a strong interest in improving financial inclusion, with 64% citing identity verification as a challenge. Additionally, nearly 80% show interest in a global Customer Due Diligence utility. The pandemic has accelerated the adoption of AI in compliance and identity verification processes.

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Cirium's World Airline Passenger Rankings for 2021 reveal that American Airlines topped the list, followed by Delta, United, and Southwest. North American airlines saw a 75% recovery from 2020, but traffic was still down 40% from 2019 levels. Overall, global traffic was down 57% compared to pre-pandemic figures, with 2.3 billion passengers. Ryanair remains Europe's largest airline at fifth place. Notably, airlines in Asia Pacific struggled, with Cathay Pacific dropping out of the top 100. The report emphasizes the shift in market share from legacy to low-cost carriers.

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Cirium, a leading aviation analytics firm, has announced that Ben Baldanza, former CEO of Spirit Airlines, and Willy Boulter, former CCO of IndiGo, have joined its On-Time Performance Advisory Board. This Board aims to enhance the OTP Program by analyzing airline and airport operational efficiencies globally. With nearly 80 years of combined aviation experience, their insights are expected to improve performance metrics as the industry recovers from the pandemic. Cirium positions itself as a key player in operational analytics, which is vital for future growth.

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LexisNexis Risk Solutions announced its Financial Crime Digital Intelligence solution has been awarded the Anti-Money Laundering Product of the Year at the 2022 Risk Technology Awards. This solution addresses digital evasion of sanctions, utilizing the Digital Identity Network to detect potential evasions in real-time. The award highlights its comprehensive capabilities amidst regulatory scrutiny following increased VPN usage in Russia, with a reported 250% rise in high-risk transactions.

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The latest LexisNexis Risk Solutions Insurance Demand Meter indicates a 2.0% decline in U.S. auto insurance shopping growth for Q2 2022, continuing a downward trend for the fourth consecutive quarter. New policy growth decreased by 7.1% year-over-year, impacted by rising claims costs and a reduction in marketing expenditure. Inflationary pressures and vehicle shortages are further deterring potential shoppers. However, middle-aged consumers are increasingly engaging in shopping, which presents opportunities for insurers targeting this demographic.

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The 13th annual True Cost of Fraud Study by LexisNexis Risk Solutions highlights significant increases in fraud costs for U.S. and Canadian merchants. U.S. retailers now incur an average cost of $3.75 per $1 lost to fraud, a 19.8% rise since 2019. For Canadian merchants, the cost is $3.19, an 11.1% increase. The study reveals that fraud linked to mobile commerce is rising, with U.S. attacks increasing 52% and Canadian attacks by 101%. Moreover, integrating fraud prevention with customer experience can reduce the cost of fraud, benefiting merchants.

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U.S. consumers are increasingly interested in connected services offered by automakers, revealing significant opportunities for enhanced engagement and customer experience, according to a LexisNexis Risk Solutions study. Key findings include that 66% of car buyers were unaware of connected services prior to purchase, and 57% were not offered a free trial. When offered, 81% enrolled, with 45% converting to paid subscriptions. The study emphasizes the need for automakers to educate customers about benefits and improve outreach, particularly to used car buyers, to maximize the potential of connected technologies.

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LexisNexis Risk Solutions has released a special edition of its Sanctions Pulse infographic, revealing a significant increase in sanctions activity due to the Russia-Ukraine conflict. From February 21 to March 31, 2022, there were 40 updates to sanctions lists involving a net increase of 2,384 sanctions related to Russia alone. This unprecedented regulatory response poses compliance challenges for businesses globally, necessitating greater scrutiny to adhere to evolving sanctions. Compliance professionals are facing compounded pressures, affecting trade and supply chains worldwide.

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Relx Plc

NYSE:RELX

RELX Rankings

RELX Stock Data

96.14B
1.85B
4.36%
0.13%
Specialty Business Services
Industrials
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United Kingdom
London