LexisNexis Risk Solutions Announces Definitive Agreement to Acquire IDVerse [Yahoo! Finance]
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
US:NYSE Investor Relations:
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Source: Yahoo! Finance
ATLANTA and LONDON Dec. 10, 2024 /PRNewswire/ -- LexisNexis ® Risk Solutions, part of RELX, has entered into an agreement to acquire IDVerse™, a provider of AI-powered automated document authentication and fraud detection solutions. IDVerse will become part of LexisNexis Risk Solutions Business Services. Founded in Australia and launched commercially in 2018, IDVerse uses AI to combat fraud and deepfakes. Its proprietary technology is powered by a deep neural network which verifies the authenticity of identity documents and, with consumer consent, matches the consumer's face to the photo on a document using biometric algorithms for identity verification and liveness detection to detect a fraudulent submission. IDVerse's technology is capable of verifying more than 16,000 types of identity documents globally across organizations in various industries and the public sector. LexisNexis Risk Solutions is renowned for leveraging advanced technology, analytics and global data networks
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- LexisNexis Risk Solutions Announces Definitive Agreement to Acquire IDVersePR Newswire
- LexisNexis Risk Solutions Announces Definitive Agreement to Acquire IDVersePR Newswire