What is LexisNexis screening?
LexisNexis® Risk Solutions delivers a configurable, end-to-end watchlist screening solution that enables your business to confidently complete initial screening and conduct ongoing monitoring across the customer relationship.
Do all insurance companies use LexisNexis?
Not all insurers use the service, but most do, says a LexisNexis spokesperson. When you apply for auto or homeowners insurance, you authorize insurers to check your records at consumer reporting agencies. That includes reporting agencies and services like LexisNexis, which will provide your C.L.U.E. report.
What is LexisNexis used for in KYC?
LexisNexis® technology, data and analytics capabilities can help you to know your customer by confirming identity, flagging politically exposed persons (PEPs) and sanctions screening, without impeding the customer journey.
Who are competitors to LexisNexis?
LexisNexis’s top competitors include Verisk Analytics, Intapp, Wolters Kluwer, Bloomberg, Thomson Reuters and TransUnion. LexisNexis Legal & Professional is a provider of legal, regulatory, and business information and analytics.
What is watchlist screening?
A Watchlist Screening system provides for the screening of master data against lists of Sanctioned individuals and companies, Politically Exposed Persons (PEPs), and other lists of high risk individuals and organizations.
Is LexisNexis used for background checks?
You can perform background checks for people through Comprehensive Person Reports. LexisNexis® generates these reports from select public records across all 50 states. Although individual records may vary in content, most contain a person’s name and/or initial, address, and telephone number.
What information does LexisNexis report?
The report includes items such as real estate transaction and ownership data, lien, judgment, and bankruptcy records, professional license information, and historical addresses.
Is LexisNexis a consumer reporting agency?
LexisNexis Risk Solutions is a consumer reporting agency that provides information about consumers to businesses and government agencies. The reports provided by LexisNexis Risk solutions are used by debt collection agencies, creditors, banks, insurance companies, healthcare providers, law enforcement and more.
What are KYB checks?
Checks performed on corporate clients are part of a compliance process known as Know Your Business (KYB). The process relates to identifying and understanding the Ultimate Beneficial Owner (UBO) of a firm. Essentially, you want to know the business you are onboarding and its UBOs are legitimate.
How does LexisNexis verify identity?
The LexisNexis® InstantID® identity verification solution verifies essential personal information such as name, address, date of birth or social security. It searches billions of records and thousands of independent data sources in order to quickly provide valuable information on the identity.
What kind of company is LexisNexis?
LexisNexis is a corporation that sells data mining platforms through online portals, computer-assisted legal research (CALR) and information about vast swaths of consumers around the world….LexisNexis.
| Type | Subsidiary |
|---|---|
| Parent | RELX |
| Website | Lexisnexis.com |
Who owns LexisNexis?
RELX
RELX Group plc
LexisNexis/Parent organizations