We are now familiar with that brief pause after pressing a keyboard enter key or clicking a mouse to make a financial transaction. Somewhere in the background, an algorithm reaches a snap risk judgment and the money is either transferred or there are more checks to follow. The ritual has become faster and smoother, providing there is nothing wrong.
“When we lose contact, we work with LexisNexis Risk Solutions to help us find you again,” Royal London, the UK insurer, tells those customers who have received an unexpected letter. Relx’s risk division is not the only provider of identity verification and analytics: from Experian and Verisk Analytics in the US to GB Group in the UK, the list of global contenders is long.
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