LexisNexis Risk Solutions Joins Forces with Promon to Combat Mobile Fraud

Enhancing Digital Identity Verification

LexisNexis Risk Solutions and Promon have announced a new partnership. This collaboration aims to boost fraud prevention efforts for mobile applications globally. The alliance combines advanced digital identity and device intelligence with strong in-app security measures.

The partnership will integrate LexisNexis' ThreatMetrix platform with Promon's mobile application shielding technology. This creates a more robust defense against increasingly sophisticated fraud schemes. Businesses can now better protect their users and data.

ThreatMetrix provides deep insights into digital identities, devices, and user behavior. It helps identify suspicious activities in real-time. This intelligence is crucial for detecting fraudulent patterns before they cause harm.

How Will This Partnership Benefit Users?

Promon's technology focuses on securing applications from within. It protects against malware, tampering, and other attacks. This dual approach offers comprehensive security for mobile transactions.

This collaboration will lead to safer mobile experiences for consumers worldwide. It will reduce the risk of financial losses due to fraud. Businesses will also see improved trust and reduced operational costs from fraud management.

The combined solution offers a powerful tool for financial institutions and other businesses. They can now better safeguard their mobile platforms. This proactive stance is vital in today's digital landscape.

Frequently Asked Questions

What is the main goal of this partnership? The primary goal is to enhance fraud prevention in mobile applications globally. It combines digital identity intelligence with in-app security to create a stronger defense.

How does ThreatMetrix contribute to this effort? ThreatMetrix provides crucial data on digital identities, devices, and user behavior. This information helps in identifying and stopping fraudulent activities in real-time.

What kind of protection does Promon offer? Promon specializes in in-app security, protecting mobile applications from internal threats. This includes guarding against malware, tampering, and other forms of attack.