LexisNexis® Risk Solutions offers travel agencies industry-leading fraud prevention, compliance and customer data management solutions
- Reduce risk of travel credit card fraud by reliably verifying the identities of your domestic and international customers booking travel online
- Use multifactor authentication to ensure individuals are who they claim to be
- Use risk-based authentication workflows so you can adjust requirements based on risks associated with the channel, the user’s location and other transactional details
- Quickly and safely onboard new B2B customers or vendors
Our products also help Online Travel Agencies (OTA) automate workflows and reduce resources required to effectively manage risk. From the data management perspective, our solutions provide insight into travelers’ behaviors and history to help you anticipate customer needs and improve engagement.
Compliance
- Efficiently screen customers and continually monitor your loyalty database against global sanctions lists to comply with Office of Assets Control (OFAC), Bank Secrecy Act (BSA) and related regulations
- Perform due diligence on customers to meet Know Your Customer (KYC) requirements and mitigate risk exposure
- Identify customers that may pose risk with insights into Politically Exposed Persons (PEP) and individuals and entities involved in bribery and corruption
- Use powerful tools and services to research vendors and suppliers to verify legitimacy and financial stability of their businesses and strengthen compliance
Customer Acquisition and Retention
- Build, maintain and enhance customer records in your customer database
- Maintain accurate, up-to-date contact information for your customers
- Integrate customers’ records in different databases with LexisNexis proprietary linking technology (multiple channels, brands, acquired businesses and affiliates)
Security and Loss Prevention
- Safeguard against physical, financial, legal and reputational risks with our security and loss prevention solutions
- Prevent fraud by using instant identity verification and risk assessment tools to verify customers’ identities and flag risky transactions
- Support investigative research with our one-stop source of public records data