LexisNexis Risk Solutions bolstered its fraud offering recently when it announced it had acquired two companies—ID Analytics and Emailage.
ID Analytics, a San Diego-based provider of fraud and credit risk solutions, was previously a NortonLifeLock company.
LexisNexis officials said the move to take on ID Analytics “highlights the company’s commitment to expanding its innovation and expertise in verifying and authenticating consumer identities.” ID Analytics is now part of the Business Services group of LexisNexis Risk Solutions.
ID Analytics provides consumer credit risk and fraud analytics solutions to the telecommunications and financial services segments in the United States. The solutions provide insight into consumer behavior through proprietary data and analytics with the goal of enabling more predictive credit decisions across the customer lifecycle.
“The combined capabilities from LexisNexis Risk Solutions and ID Analytics will provide our customers with a more accurate and comprehensive approach to fraud and identity and credit risk management across all forms of commerce,” said Rick Trainor, CEO of LexisNexis Risk Solutions, Business Services, in a statement.
In a separate announcement, LexisNexis said it will purchase Emailage, a Phoenix-based provider of fraud prevention and risk management solutions. Emailage will also become a part of the Business Services group of LexisNexis Risk Solutions.
Emailage helps organizations reduce online fraud by building multi-dimensional profiles associated with customer email addresses—perhaps the most frequently used identifier in e-commerce—to render predictive risk scores.
LexisNexis officials said the acquisition of Emailage further demonstrates the company's commitment to augmenting organic growth with strategic acquisitions.
“Emailage's long-standing contributory network database will enhance the LexisNexis Digital Identity Network, which analyses an average of 39.9 billion transactions annually to provide organizations with actionable insight into the world's rapidly changing threat landscape,” the company said in a statement. “LexisNexis Risk Solutions already has an established commercial partnership with Emailage to offer email risk assessment to customers around the world. Further integration of Emailage's capabilities will build a more complete picture of risk in today's global mobile and digital economy.”