Last Updated on February 7, 2020 by merchantfraudjournal
Lexis Nexis who’s owned by the British Exihibition and Information Services conglomerate RELX (Stock Ticker: REL) recently announced the acquisition of digital identity and fraud prevention solution Emailage.
Founded in 2012 and based in the Phoenix metro area with offices across the globe, Emailage helps organizations reduce online fraud by building multi-dimensional profiles associated with customer email addresses to render predictive risk scores.
While Lexis Nexis is one of the leading solutions for Risk Assessment to merchants and companies.
Rick Trainor, CEO of LexisNexis Risk Solutions, Business Services, said, “We are continuously evolving our fraud prevention and identity assessment solutions to help our customers fight fraud. Emailage’s broad email and digital data attributes network, inquiry data and confirmed fraud feedback complement our deep expertise in contributory data management and linking technology. This strategic acquisition will expand our digital identity intelligence and fraud prevention services, providing our customers an even more comprehensive view into consumers for more predictive risk assessment.”
LexisNexis officials said the acquisition of Emailage further demonstrates the company’s commitment to augmenting organic growth with strategic acquisitions.
Rei Carvalho, CEO of Emailage, said, “LexisNexis Risk Solutions is laser-focused on providing its customers a 360 degree view into an identity, which aligns with our mission to help customers who seek fast, low-friction, global digital identity fraud solutions to combat fraud without sacrificing consumer experience. We are thrilled to be recognized as a pioneer in email intelligence-based fraud risk scoring solutions and look forward to aligning our solutions to help organizations fight fraud on a more comprehensive level.”
