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On February 9, 2021, LexisNexis Risk Solutions launched two new alternative credit scores, RiskView Optics and RiskView Spectrum. These scores utilize a comprehensive view of consumer credit risk to enhance financial inclusion, effectively scoring over 90% of applicants without traditional credit scores. RiskView Optics combines non-credit life events with alternative credit inquiry data, while RiskView Spectrum integrates this with traditional credit data. The new tools aim to improve creditworthiness assessments, allowing lenders to offer competitive terms and reduce risk exposure.

LexisNexis Risk Solutions published its 2020 State of Fraud report, outlining significant trends in fraud due to the COVID-19 pandemic. The report indicates a 42% year-over-year increase in digital transactions in the U.S. and Canada, with mobile transactions constituting 60%. The rise in fraud methods includes synthetic identities and identity fraud rings, complicating identity verification. Notably, 45% of U.S. consumers have experienced data breaches, fueling fraudulent activities. Organizations are advised to adopt comprehensive strategies to combat these evolving threats as fraud attempts are expected to persist in 2021.

LexisNexis Risk Solutions has launched LexisNexis Rooftop, a cutting-edge risk assessment tool for home insurance carriers that incorporates aerial imagery, weather data, and claims history. This innovative tool allows insurers to enhance underwriting decisions by providing detailed roof insights at the time of quoting and renewing policies. The Home Trends Report indicates that wind and hail claims comprise nearly half of home insurance losses, prompting the need for improved evaluation methods. Rooftop helps insurers manage roof damage risk more effectively while streamlining the customer experience.

LexisNexis Risk Solutions has partnered with Epic to enhance identity verification for healthcare providers using the MyChart patient portal. This integration aims to simplify online access for patients scheduling COVID-19 vaccinations while ensuring secure identity validation. The collaboration introduces the Instant Verify and InstantID Q&A solutions, facilitating rapid patient onboarding. As vaccination efforts accelerate, LexisNexis emphasizes the importance of balancing patient convenience with data security, supported by their extensive data linking capabilities.

LexisNexis Risk Solutions has been awarded the Financial Crime - Data category in the Chartis Research RiskTech100 for the third consecutive year, underscoring its leadership in the risk technology sector. The company was also ranked 17th overall in the RiskTech100, a comprehensive analysis of key risk technology providers. LexisNexis continues to innovate in financial crime compliance data, addressing evolving regulatory demands. This recognition highlights its commitment to providing advanced analytics and global identity intelligence, essential for businesses managing financial crime risks.

The Cirium Airline Insights Review 2020 reports significant improvements in the on-time performance of global airlines, with over 180 of 300 airlines achieving a 90% on-time arrival rate since February 2020.

In 2020, airlines flew 49% fewer flights due to the pandemic, resulting in a 67% decline in overall global passenger traffic. The top 10 busiest airports saw a shift, with US airports dominating despite reductions in flights, while several Chinese airports entered the top rankings.