LexisNexis Risk Solutions - News, Articles & Research

ACH and The Importance of Routing Transit Numbers

As the years progress, ACH payments are increasing in popularity and in usage but when using such a payment method, it’s important to have the right data and information available. John Hutton, Global Head of Payments, LexisNexis Risk Solutions joined FinextraTV for this interview, exploring what ACH payments are and what risks can be involved. Hutton goes on to discuss both the simplistic detail of having the right routing transit number and how their organisation works in collaboration with Nacha to bring the right data to clients.

16 December 2024

Company announcement/identity

LexisNexis Risk Solutions to acquire IDVerse

LexisNexis Risk Solutions, part of RELX, has entered into an agreement to acquire IDVerse, a provider of AI-powered automated document authentication and fraud detection solutions.

10 December 2024

Finextra TV/crime

The Intersection of Wildlife Trafficking and Financial Crime

FinextraTV, Julia Thorn, Senior Marketing Manager, Financial Crime Compliance, LexisNexis® Risk Solutions and Robert Campbell, Programme Director of United for Wildlife, The Royal Foundation of The Prince and Princess of Wales, dive deep into their recently released report on how wildlife trafficking can be combatted with the power of collaboration. Exploring the objectives of the report, the pair doubled down on the importance of enforcement data and how this data can be used for good by looking for patterns that are more relevant to financial institutions than first thought. Further, financial institutions must consider wildlife trafficking as organised crime and as the money involved cannot be hidden under the bed - it moves through commercial entities such as airports and shipping ports - this form of money laundering must be mitigated.

05 August 2024

News/identity

UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

The UK is home to nearly three million "Frankenstein" identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.

13 June 2024

News/payments

NextGen Nordics 2024: What to expect from this year's conference

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics, and much more.

16 February 2024

Finextra TV/predictions

Payment trends to watch in 2024

In today's financial landscape, the growth of instant and account-to-account payments is countered by a rise in fraud. In this episode of Predict 2024, Ed Metzger, Vice President of Market Planning Payments Efficiency at LexisNexis® Risk Solutions, shares his forecast for emerging payment trends. Focusing on the impact on financial institutions and customers, we discuss how solutions like LexisNexis® Risk Solutions' Safe Payment Verification will enhance banking practices by verifying account ownership and optimizing cross-border fund transfers. Additionally, we explore why corporates are moving payments in-house and identify growth opportunities for banks through adopting banking-as-a-service platforms.

15 February 2024

News/payments

NextGen Nordics 2024: Payments is ready for a refresh

Finextra is heading back to Stockholm to delve into the most important topics in the Nordic banking world at our NextGen Nordics 2024 conference on the 23rd of April.

06 February 2024

Finextra TV/Sibos

The true cost of compliance

At Sibos 2023, Grayson Clarke, Head of Market Planning and Marketing, LexisNexis® Risk Solutions, presents insights from the recent True Cost of Financial Crime Compliance Study, conducted by Forrester Consulting, on how the evolving financial landscape is being shaped by an intricate network of regulations and sanctions, and the increasing use of AI.

11 October 2023

Finextra TV/Sibos

The evolution of sanctions screening - and what's next?

At Sibos 2023, Sophie Lagouanelle, Vice President, Financial Crime Screening, LexisNexis® Risk Solutions, explores the challenge of balancing compliance with customer expectations as transaction volumes and real-time payments rise.

03 October 2023

Finextra TV/Sibos

Managing compliance complexity with emerging technologies

At Sibos 2023, David White, Vice President Product, Financial Crime Compliance and Payments, LexisNexis® Risk Solutions, updates us on the areas affected by increased sanction screenings and the technologies organizations are using to address these issues.

03 October 2023

Finextra TV/Sibos

Trade finance – the weakest link?

At Sibos 2023, David Loeser, Senior Director, Product Strategy at LexisNexis® Risk Solutions, discusses the trade finance gap and the impact of shifting regulations on financial institutions, cargo carriers and insurers. He also shares insights into red flags for potential sanctions violations and trade-based money laundering, plus the transformative power of digitization in bridging the trade finance gap.

29 September 2023

Finextra TV/Sibos

The Perfect Payments Storm

At Sibos 2023, Dalbir Sahota, Senior Director, Product Management, LexisNexis® Risk Solutions, and Ed Metzger, Vice President, Payments, LexisNexis® Risk Solutions, discuss the financial industry's response to rising sanctions, the impact on banks and FIs correspondent networks, and the benefits of early sanction screenings in the payments process.

27 September 2023