Press Room

LexisNexis® Announces Enhanced International Capabilities For Its One Time Password Authentication Solution

LexisNexis® Risk Solutions cited as a Representative Vendor in the report

6/30/2014

LexisNexis® Risk Solutions today announced enhanced international capabilities for its multi-factor authentication One Time Password (OTP) solution.  Now customers located in Australia, Canada, United Kingdom, France, Ireland, China, Hong Kong, Taiwan, Mexico, Thailand, and Japan have the same access to this user authentication service as U.S. based customers.  The OTP international authentication method provides financial services, health care, government, and retail organizations the ability to have stronger authentication when performing a high risk, high value transaction with a customer.

OTP is a one-time authentication solution that uses a temporary and unique pass code sent to a known or verified phone number or email address.  Then it validates and authenticates the user associated with the phone number or email address.  It also offers time-sensitive, single-use, unique random passcode via SMS, text, email or phone to authenticate individuals who perform repeated high risk, high value transactions through remote channels, including the Web, mobile and voice.  No hardware other than the user's existing phone, mobile device or personal computer is required.

“The new international capabilities in our OTP solution offer our customers an easy and cost-effective alternative to implement an additional factor of authentication by leveraging a device that the user already has,” said Dennis Becker, Vice President, Market Planning, Identity Management, LexisNexis. “This product is another example of our commitment to combat growing fraud losses associated with remote or anonymous access by securing our customer’s data through our Multi-Factor Authentication solutions.”

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency. Headquartered in metro Atlanta, Georgia, the company has offices throughout the world, serves customers in more than 190 countries and territories and is part of RELX. For more information, please visit LexisNexis Risk Solutions and RELX.

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