LexisNexis Fraud Intelligence

Reduce Fraud Risk at Account Opening

LexisNexis® Fraud Intelligence helps you mitigate new account fraud risk through a comprehensive view of identity.

LexisNexis® Fraud Intelligence



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Get Unparalleled Identity Intelligence to Help Prevent Fraud Before It Happens

Identify fraudsters before they enter your system and the losses begin to mount.

LexisNexis® Fraud Intelligence is a non-FCRA solution that helps organizations mitigate new account fraud risk. It brings together identity events and consumer application activity to arrive at a comprehensive, non-FCRA powerful score that offers a more complete view of identity. Because it can identify applications that are most likely fraudulent in near real-time, it limits friction for any legitimate customers.

Fraud Attacks Grow More Sophisticated

Identity fraud presents a significant challenge for today’s financial services and lending firms. As the number of fraud attacks increase, so do the costs, according to the LexisNexis® Risk Solutions 2020 True Cost of FraudTM Study.1  The trends noted in the study all point to reasons for concern:

  • Fraudsters are targeting a broader set of financial services and lending firms
  • Fraud attempts have spiked year-over-year across all financial services and lending segments
  • Financial services firms saw a 42% increase in successful monthly fraud attempts while lending firms saw an increase of 38%
  • The true cost of fraud losses is $3.78 per lost dollar, up from $3.35 in 2019

Identity verification and authentication solutions that worked in the past may not be a match for today’s more sophisticated identity fraud attacks. Criminals have upped their game. At the same time, new technologies make it easier for them to evade detection through current risk management processes.

A common reaction is to impose more rigorous security measures to keep fraudsters out. But too often these measures have high false positive rates – and any time you make legitimate customers jump through hoops or delay their application from being approved, you risk having them abandon the process.

Fraud Intelligence Benefits

LexisNexis Fraud Intelligence brings a new dimension to traditional fraud detection tools by offering unique insights into identity event and consumer application activity. Better intelligence from a cross-vertical perspective can strengthen your identity fraud risk detection and investigation strategy.

Layer Your Fraud Protection

Fraud Intelligence can be used in conjunction with your existing workflows and risk strategies. Your organization can defend against a wider range of attacks and achieve the following objectives by layering Fraud Intelligence into your current fraud and identity workflows:

  • Reduce losses by blocking fraudulent applications
  • Simplify account opening for legitimate customers
  • Improve operational efficiencies
  • Reduce false positives that drain investigative resources
  • Be prepared to block newly emerging fraud threats
  • Decrease reputational risk

Fraud Intelligence Features

LexisNexis Fraud Intelligence analyzes hundreds of unique identity characteristics, identity application behaviors and identity events to provide real-time insight into application fraud risk. Powered by LexisNexis® Risk Solutions, the industry’s leading authority on fraud and identity management, it’s able to detect inconsistencies and recognize fraud patterns in application profiles that other fraud tools miss. It delivers the following outputs to better detect fraudulent applications:

  • Fraud Three-Digit Risk Score – Provides an up-to-date view of identity fraud risk behavior. It predicts the likelihood an application will result in fraud if the account is opened.
  • Warning Codes – Identifies the specific fraud risk requiring further investigation.

Three Industry-Specific Products

Fraud Intelligence is currently available in three different forms that target fraudulent patterns within a specific industry:

  • Fraud Intelligence Bankcard Score – Banks/financial institutions, bankcard issuers, money service businesses, auto lenders
  • Fraud Intelligence Retail Score – Retail card issuers
  • Fraud Intelligence Telcom/Wireless Score – Telcom, wireless and utilities (including phone providers)

You can also request a custom product tailored to your organization’s specific needs.

Quickly Recognize Fraud Threats

Fraud Intelligence provides businesses with the information they need to better help predict, detect and prevent the main drivers of identity fraud. Less fraud means higher profits. And when you’re able to quickly recognize threats and manage exceptions, you can deliver a positive, seamless experience—exactly what your consumers demand.

Convenient Ordering and Delivery Options

Available in Direct XML, IDSP and DDP, Combined Model Score can be used in conjunction with other LexisNexis Risk Solutions identity verification and authentication solutions to strengthen an organization’s fraud prevention strategy and workflow.

Get it now: For more information about LexisNexis Fraud Intelligence, please call 1-408-200-5755.

1. https://risk.lexisnexis.com/insights-resources/research/true-cost-of-fraud-study-financial-services-and-lending-edition

LexisNexis® Fraud Intelligence Brochure

Mitigate new account fraud risk with a comprehensive view of identity.

A New Approach to Fraud Risk Assessment

LexisNexis® Fraud Intelligence Infographic

Organizations are fighting fraud with an incomplete view of identity.
LexisNexis® Fraud Intelligence does not constitute a "consumer report" as that term is defined in the federal Fair Credit Reporting Act, 15 USC 1681 et seq. (FCRA). Accordingly, Fraud Intelligence may not be used in whole or in part as a factor in determining eligibility for credit, insurance, employment or another permissible purpose under the FCRA.

Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the public records and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should be independently verified.