The desire for increased financial inclusion is a primary driver behind the increased use of alternative data in lending decisions, a new report from LexisNexis Risk Solutions finds.
Financial institutions are pressured by costs and regulations totalling $56.7 billion, LexisNexis Risk Solutions finds in a new report.
A new LexisNexis Risk Solutions report shows how an explosion in sanctions over the past few years has made compliance increasingly challenging for financial institutions.
Fintech faces a flurry of changes, LexisNexis Risk Solutions director of financial crime compliance Tracy Manning said.
A report from LexisNexis Risk Solutions finds that financial institutions prioritize transparency and inclusion but face challenges.
The digital banking shift, digital payments, cryptocurrencies and artificial intelligence (AI) are critical factors behind escalating global financial crime compliance costs that exceed $200 billion. Those are among the findings in LexisNexis Risk Solutions’ True Cost of Financial Crime Compliance Study for 2023.
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Los canales digitales representan el 51 % de las pérdidas por fraude, según un estudio de Forrester Research a pedido de LexisNexis.