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.
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LexisNexis Risk Solutions launched the Risk Classifier with Medical Data, a pioneering predictive mortality model for life insurers. This model integrates up to six data sources, including behavioral and medical data, enabling more precise risk ratings and competitive policy pricing. Developed in partnership with ExamOne, it streamlines the underwriting process by reducing the need for paramedical exams. The model offers a significant 13x risk separation between classifications, enhancing the speed and accessibility of life insurance for consumers.
LexisNexis Risk Solutions has secured a $1.2 billion Blanket Purchase Agreement from the United States Department of Labor (DOL) to provide digital identity verification for state unemployment insurance programs. This five-year contract continues the company’s longstanding partnerships with federal and state agencies, targeting fraud in unemployment benefits exacerbated by the pandemic. LexisNexis aims to combat fraud, ensure timely benefits, and improve access through its advanced identity verification solutions.
LexisNexis Risk Solutions has launched the Financial Crime Digital Intelligence to enhance financial crime compliance workflows. This innovative solution leverages digital identity data to address escalating sanctions risks associated with digital transactions, a challenge exacerbated by COVID-19.
Key features include Sanctions Location Risk and Sanctions List Match, which utilize real-time data for risk assessment. The product aims to empower compliance teams by modernizing legacy methodologies and improving risk evaluation aligned with digital transaction trends.
LexisNexis Risk Solutions and Forrester Consulting conducted research revealing the growing importance of identity verification (IDV) and authentication solutions in a post-pandemic environment. The study indicates that 64% of respondents agree that the pandemic heightened the significance of these processes, with 71% prioritizing customer experience. Furthermore, 86% plan to enhance their IDV processes within a year. Key recommendations include employing a mix of technologies to improve fraud protection and consistently measuring machine learning model effectiveness to optimize customer interactions.
Cirium has re-launched its On-Time Performance Report, marking a significant return for the aviation sector as flight volumes increase globally. In May 2021, Japan Airlines, Hawaiian Airlines, Red Wings, and Avianca were recognized as the most punctual airlines in their regions. Tokyo's Haneda Airport achieved the highest on-time performance globally. The report, which assesses punctuality based on over 300 terabytes of data, indicates a positive trend in airline and airport performance since its suspension during the COVID-19 pandemic.
LexisNexis® Risk Solutions has launched its Emailage® product for the insurance market in the U.S., enhancing risk assessment through email intelligence. This solution aims to combat insurance fraud by providing an email risk score that identifies potential fraudulent activity. The product leverages over 5.9 billion digital identifiers, improving fraud capture rates by 42%, reducing manual review volumes by 27%, and increasing acceptance rates of transactions by 16%. It is part of a broader strategy to streamline online transactions while safeguarding against cyber threats.
