LexisNexis Risk Solutions

Financial crime compliance costs exceed $206 billion

Financial crime compliance costs exceed $206 billion 29/09/2023 at 07:02 By Help Net Security The growing complexity of compliance regulations and ever-evolving criminal methodologies are a major difficulty for financial institutions, according to LexisNexis Risk Solutions. Global financial crime compliance costs for financial institutions exceed $206 billion. This cost is comparable to more than 12% […]

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LexisNexis RiskNarrative helps organizations reduce risk and financial crime

LexisNexis RiskNarrative helps organizations reduce risk and financial crime 27/06/2023 at 17:37 By Industry News LexisNexis Risk Solutions has launched an end-to-end customer lifecycle management platform to help businesses effortlessly integrate multiple information sources to make better risk decisions and provide smoother customer journeys. LexisNexis RiskNarrative leverages automation and decisioning technology to provide a sophisticated,

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Virtual claims raise alarms among insurance carriers and customers

Virtual claims raise alarms among insurance carriers and customers 05/06/2023 at 06:08 By Help Net Security As the digital revolution changes the claims process, both carriers and customers are increasingly concerned about data privacy, according to LexisNexis Risk Solutions. More than 60% of consumers have concerns over the security of their personally identifiable information when

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