Government Fraud Detection and Prevention

Government fraud investigations hinge on the quality of public records data and the linking capabilities that bring it all into a meaningful picture. But investigative resources aren’t endless. Agencies have to know where to best focus their fraud detection efforts for maximum results.  

LexisNexis® Risk Solutions helps you overcome common fraud detection challenges like these and ultimately:

• improve investigative outcomes,
• reduce false positives;
• streamline processes.

Harness our unique combination of tools to close information gaps that slow you down. Key into actionable insights on people, entities and their extended networks of connections. We make it simple and streamlined. Our fraud detection solutions rely on broad, diverse data sets — aggregated and resolved down to the individual or entity with our proprietary LexID®️ linking technology — to see beyond limited encounters and isolated data. Advanced analytics and machine learning help you quickly differentiate legitimate individuals from bad actors — and recognize anomalies or high-risk fraud indicators buried deep in the data. Visualization tools sharpen the view, giving you a clear picture of risky connections or patterns that signal larger coordinated schemes or evolving threat types.

Fraud is continually evolving — and will get tougher to contain as online services and transactions continue to increase. Synthetic identities. Bots. Account takeovers. Some solutions can catch one type of fraud but not others. Fraud prevention efforts that were effective just a few months ago may now be inadequate. 

LexisNexis® Risk Solutions helps defend against the full range of fraud threats, providing actionable insights that enable you to more quickly spot—and prevent—outliers or emerging patterns:

• See beyond your own “four walls” into identities and activities across programs, states and jurisdictions. We aggregate and link data from multiple sources —including internal agency data, large-scale external identity and business data sets and contributed intelligence across government agencies.
• Agilely respond as risks evolve. Easy-to-use dashboards leverage visual analytics to provide a precise view of risk and help you see trends across your programs.
• Pair our fraud solutions with identity assessment and assurance through a single, centralized platform. Spot bad actors and/or risky attributes before they can infiltrate your program. Learn from downstream fraud detection efforts to intercept repeat offenders and prevent future efforts.

Many fraud analytics solutions are not ideally suited for Government applications. They are cumbersome to use, not aligned with typical agency workflows, and the information they provide can be hard to interpret and not immediately actionable.   

LexisNexis® Risk Solutions designs in-depth fraud solutions specifically with Government needs in mind. Leverage automation to score risks and prioritize investigative efforts, reducing manual workload and focusing on the largest incidents or those where you’re most likely to successfully recoup improper payments. Configure the analytics to align with your processes and agency-specific risk scoring. Query the data based on your specific questions — no data scientists required. 

Visualization tools make it even easier to derive meaning from the outputs. See the relationships between individual data elements, clusters of people and/or entities, patterns of behavior and associated risks.