MagicLab Reduces False Positives & Manual Reviews

       
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MagicLab Reduces Chargebacks to ~0.2% While Still Growing Revenue

LexisNexis® ThreatMetrix® Enhances Fraud Detection for MagicLab

Leveraging ThreatMetrix global digital identity intelligence, MagicLab could differentiate between users making legitimate payments and potential fraudsters using stolen credentials. This streamlined the user experience, reducing friction and manual reviews associated with high false positives.

With LexisNexis® ThreatMetrix, MagicLab can:

  • Streamline the online experience by accepting payments from trusted users in near real time.
  • Automate the detection of high-risk payments using dynamic global intelligence from the LexisNexis® Digital Identity Network.
  • Reduce the requirement for ongoing support for policies/rules and analyst training.
  • Dramatically reduce the requirement for costly and labor intensive manual reviews.

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