LexisNexis® IDVerse® Named Fraud Prevention Solution of the Year at Risk Asia Awards 2025

09/25/2025

HONG KONG | SINGAPORE | SYDNEY — LexisNexis® Risk Solutions has won Fraud Prevention Solution of the Year at the 2025 Risk Asia Awards for its AI-powered document authentication and fraud detection solution, LexisNexis® IDVerse®. This achievement marks the second consecutive year of recognition at the awards, following last year’s win in the Governance, Risk and Compliance category.

IDVerse® employs AI technology to combat AI-generated fraud threats, including deepfakes and synthetic identities. Its deep neural network provides real-time, accurate identity verification for over 16,000 types of identity documents worldwide. The solution’s ability to process complex Asian scripts and dialects, such as Mandarin, Japanese, Korean and Bahasa Indonesia, addresses critical regional challenges in fraud prevention.

The platform’s AI architecture combines document authentication, liveness detection, deepfake analysis and biometric matching into a unified system. With a face-matching accuracy rate of 99.98%, IDVerse helps financial institutions, fintech companies and enterprises prevent fraud while streamlining the user experience for legitimate customers.

"We are honoured by this recognition of IDVerse as Fraud Prevention Solution of the Year," said Matt Adams, chief technology officer for IDVerse at LexisNexis Risk Solutions. "The relentless growth of generative AI introduces advanced fraud risks, including deepfakes. Our mission is to stay ahead of the fraudsters through continuous innovation and collaboration with customers. This award reflects our commitment to safeguarding digital trust in the era of AI.”

The Risk Asia Awards celebrate innovation and excellence among technology providers in the financial services sector throughout the Asia-Pacific region. The judges commended the IDVerse platform’s ability to detect sophisticated fraud attempts and its seamless integration with LexisNexis® Digital Identity Network®, which analyses more than 120 billion global transactions annually.

"Our judges praised LexisNexis IDVerse for its originality, describing it as a critical solution for combating modern fraud techniques, including AI generated threats," said Chris Davis, Asia editor at Risk.net.

About LexisNexis Risk Solutions
LexisNexis^® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.