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LexisNexis Fraud Intelligence for Business

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User corporate size
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User industry
  1. Public sector and nonprofit organizations
  2. Banking and insurance
  3. Healthcare and life sciences

What is LexisNexis Fraud Intelligence for Business

LexisNexis Fraud Intelligence for Business is a fraud detection and risk decisioning offering that helps organizations assess digital identity, device, and transaction risk across online channels. It is used by fraud, risk, and security teams to reduce account takeover, new account fraud, payment fraud, and other forms of digital abuse. The product typically combines identity and device intelligence with analytics and configurable decision workflows, and it can be deployed via APIs for real-time screening. It is positioned for enterprises that need broad data coverage and integration into existing fraud operations.

pros

Broad identity data assets

The product benefits from LexisNexis’ large-scale identity and risk data assets used for identity resolution and fraud assessment. This can improve coverage for use cases such as new account screening and account takeover detection where historical identity signals matter. It also supports cross-channel risk evaluation by linking identity, device, and behavioral signals. For organizations operating in multiple markets, data breadth can reduce reliance on a single signal type.

API-first real-time screening

It is commonly delivered through APIs that support real-time decisioning in web and mobile customer journeys. This fits use cases such as login protection, account changes, checkout, and high-risk transaction steps. API delivery also enables integration into existing case management, SIEM, and fraud orchestration stacks. Teams can embed risk scoring and reason codes into automated workflows.

Configurable risk decision workflows

The offering supports configurable rules and decision strategies to align with an organization’s risk appetite and operational processes. This helps teams tune friction (step-up, deny, allow) by segment, channel, or transaction type. It can also support investigation workflows by providing supporting attributes and signals for analysts. Compared with point solutions focused on a single fraud vector, this can reduce tool sprawl for some programs.

cons

Complex implementation and tuning

Enterprise-grade fraud platforms often require non-trivial integration, data mapping, and ongoing tuning to achieve stable performance. Organizations may need dedicated fraud analytics and engineering support to manage rules, thresholds, and monitoring. Time-to-value can be longer than lighter-weight tools aimed at smaller teams. Operational maturity is typically required to fully use the configurability.

Data sharing and privacy constraints

Using identity and device intelligence can introduce privacy, consent, and data residency considerations depending on jurisdiction and industry. Some deployments may require legal review, DPIAs, and careful configuration of data retention and permissible use. Constraints can limit which signals are collected or how they are used in decisioning. These factors can affect coverage and model performance in certain regions.

Pricing can favor large programs

Fraud intelligence products that rely on extensive data networks and real-time scoring are often priced at enterprise levels (e.g., by volume, features, or risk modules). Smaller organizations or low-volume programs may find the total cost of ownership high relative to simpler alternatives. Costs can also increase as additional channels, geographies, or use cases are added. Budgeting may require forecasting growth in transaction and authentication events.

Plan & Pricing

Plan Price Key features & notes
No public pricing (Contact sales) Contact sales / Custom pricing (not published) Official product page and brochure state pricing is available via sales contact. Product offered as "attributes-only" or "score with warning codes"; brochure and product page available.

Seller details

LexisNexis Risk Solutions
Alpharetta, Georgia, USA
1997
Subsidiary
https://risk.lexisnexis.com/
https://x.com/LexisNexisRisk
https://www.linkedin.com/company/lexisnexis-risk-solutions/

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