WASHINGTON and ATLANTA, July 12,
2021 /PRNewswire/ -- LexisNexis® Risk Solutions, a
leading provider of data, analytics and technology to help
organizations predict and manage risk, today announced that the
United States Department of Labor (DOL) has awarded the company a
Blanket Purchase Agreement (BPA) to provide industry leading
digital identity verification for state unemployment insurance
programs. The five-year, $1.2
billion award is the continuation of longstanding
relationships with federal, state, and local agencies.
Unemployment Insurance is a powerful stabilizer for the economy
and American workers in times of economic downturn. The pandemic
created unanticipated strains on state benefit systems that made
them heightened targets for fraud, and this award from the DOL
allows LexisNexis Risk Solutions to continue to partner with State
Workforce Agencies to "detect and prevent fraud, promote
equitable access, and ensure the timely payment of benefits." This
partnership further solidifies LexisNexis Risk Solutions as a
leading provider of frictionless, unbiased identity proofing
solutions to government agencies and leverages its market
leadership to provide critical assistance to Americans in need.
LexisNexis Risk Solutions digital identity and authentication
capabilities incorporate identity authentication and document
capture with biometric, identity verification and
device/digital/behavioral risk assessment. The company's industry
leading, comprehensive fraud and identity solution suite transforms
data insights into actionable decisioning to provide a holistic
view of an identity for enhanced risk assessment and a positive
user journey regardless of time of day or touchpoint.
"Unemployment fraud has become an epidemic of its own and state
UI agencies need a trusted partner with decades of experience to
leverage risk-based digital identity verification tools that work
equitably and seamlessly," said Haywood Talcove, CEO,
Government, LexisNexis Risk Solutions. "Our unique
solutions stop over $1 billion in
fraudulent payments every week and turn data into actionable,
unbiased insights without friction for users, which sets us apart
from others in our industry. We consider it an honor to put our
innovation and research to work to assist government agencies to
prevent fraud and get critical, life-saving benefits to the
American people."
Join us for the LexisNexis Government Identity Fraud
Summit
Please join us for the LexisNexis Risk Solutions
Government Identity Fraud Summit, a virtual event taking place on
July 21, 2021 from 1:00-4:30pm ET. We are putting together an
amazing agenda full of information on all things identity fraud
that are important to you and your agency, including a Fraud Trends
panel and a Fraud Mitigation Success Stories panel featuring
industry leaders. You can find more details about our sessions and
speakers and register here.
About LexisNexis Risk Solutions
LexisNexis Risk
Solutions harnesses the power of data and advanced analytics to
provide insights that help businesses and governmental entities
reduce risk and improve decisions to benefit people around the
globe. We provide data and technology solutions for a wide range of
industries including insurance, financial services, healthcare, and
government. Headquartered in metro Atlanta, Georgia, we have offices throughout
the world and are part of RELX (LSE: REL/NYSE: RELX), a global
provider of information and analytics for professional and business
customers. For more information, please
visit www.risk.lexisnexis.com and www.relx.com.
Media Contact:
Paul Eckloff
LexisNexis Risk Solutions
Mobile: +1.202.941.6986
Paul.Eckloff@lnssi.com
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SOURCE LexisNexis Risk Solutions