Relx Plc Stock Price, News & Analysis

Arkose Labs has appointed Frank Teruel as its new Chief Financial Officer (CFO), effective February 7, 2023. Teruel joins the Executive Leadership Team, reporting to CEO Kevin Gosschalk. With over 20 years in cybersecurity and identity, he previously served as CFO at Mitek Systems (NASDAQ: MITK) and played a key role in the $830 million sale of ThreatMetrix to RELX. Teruel is expected to enhance Arkose's financial processes, supporting its commitment to high growth and profitability. His industry expertise is viewed as a competitive advantage amidst growing cybersecurity threats.

On February 7, 2023, LexisNexis, part of RELX, announced a definitive agreement to acquire Aistemos Limited, enhancing their flagship PatentSight IP analytics solution. Cipher, Aistemos's classification platform, employs AI and machine learning to classify patents, providing strategic insights for IP decisions. The acquisition aims to integrate these capabilities into PatentSight, allowing for custom technology taxonomies. The transaction awaits customary regulatory approvals and is expected to finalize in Q1 2023. Financial details remain undisclosed.

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.

Cirium, a leader in aviation analytics, has expanded its decade-long partnership with Amadeus by integrating its advanced flight schedules data into the Amadeus Travel Platform. This integration aims to enhance the flight search and booking experience for travel sellers and travelers alike. Cirium's comprehensive dataset covers over 900 airlines and is designed to improve data accuracy and customer service for Amadeus clients in the travel industry. The integration is expected to unlock new market opportunities and maximize revenue while enhancing the overall travel experience.

The Cirium Fleet Forecast predicts a demand for approximately 44,500 new aircraft over the next two decades, valued at US$2.9 trillion. This includes a projected 3.6% annual growth in passenger traffic, particularly in China, which is expected to account for 19% of global deliveries by 2041. Single-aisle jets are forecasted to make up 70% of deliveries, with older models being retired. The ongoing freighter boom anticipates the supply of 3,560 freighters. The report suggests an uneven but significant recovery from the Covid-19 pandemic, aligning with a return to traditional growth paths by 2025.

Delta Air Lines has secured the Cirium Platinum Award for global operational excellence for the second consecutive year, showcasing strong on-time performance amid a challenging operational landscape.

Azul Airlines was recognized as the global leader in on-time performance, with an impressive 88.93% rating. Delta led North America at 83.63%, followed by Thai AirAsia in Asia Pacific, Oman Air in the Middle East and Africa, and Iberia in Europe.

The Cirium report highlights significant recovery challenges faced by the industry, including resource shortages.

LexisNexis Risk Solutions has enhanced its VINsights total loss solution to streamline the claims process for U.S. insurers. The upgrade integrates data on title, registered owners, loan payoffs, and state taxes to expedite settlements. With rising total loss incidents, accounting for about 25% of collisions, these enhancements aim to improve customer experiences by reducing manual processes. The partnership with LossExpress provides quicker access to lienholder payoff data, potentially serving up to 80% of total losses.

LexisNexis Risk Solutions has reported a significant rise in fraud attacks, with a 155% increase in ecommerce bot attacks year-over-year. The Global State of Fraud and Identity Report highlights a 32% surge in human-initiated attacks and a 38% increase in automated bot attacks. Digital transactions soared by 37% in the same period, with mobile transactions comprising 76% of all transactions. Challenges in identity verification remain critical, impacting global businesses as fraud networks become increasingly complex.

Cirium's analysis reveals the airline industry has suffered a staggering $220 billion net loss since the pandemic began, with recent losses amounting to $42 billion in 2021 and $15 billion in the first half of 2022. Despite these challenges, the US airline sector shows signs of recovery, with Delta Air Lines returning to profitability in H1 2022 and achieving nearly pre-pandemic revenue levels. However, ongoing COVID-19 lockdowns in China hinder recovery in the Asia-Pacific region, where losses are worsening.