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LexisNexis Risk Solutions unveiled LexisNexis Fraud Intelligence Synthetic Score, a new product designed to help businesses mitigate synthetic identity fraud. LexisNexis Fraud Intelligence Synthetic Score analyzes hundreds of unique identity characteristics and events to help businesses identify inconsistencies and fraud patterns in application profiles. The tool utilizes data sets and high-powered analytics to examine application profiles associated with synthetic fraud to arrive at a three-digit numeric risk score ranging from 001 – 998. The LexisNexis … More
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