Press Release

LexisNexis Risk Solutions and Promon Align to Strengthen Mobile Fraud Prevention

LexisNexis Risk Solutions’ risk intelligence, together with Promon Shield in-app protection and Promon Insight trusted telemetry, aims to help organisations protect mobile apps from manipulation and enable more trusted fraud decisions.

LexisNexis® Risk Solutions and Promon announced a strategic alliance to strengthen fraud prevention in mobile apps globally by combining access to LexisNexis® ThreatMetrix® digital identity, device, and behavioural intelligence with Promon Shield and Promon Insight in-app protection and trusted telemetry. The collaboration will help organisations protect mobile applications from tampering and manipulation while improving the risk intelligence that clients utilise to detect and prevent fraud.

Mobile has become a critical channel for financial transactions and customer engagement, and attackers have followed. Increasingly, fraud attempts target the mobile app environment itself, using malware, overlay manipulation, device tampering, reverse engineering, and automated abuse to bypass controls and compromise trust at source. This shift makes it essential for organisations to understand not only who a user is, but whether the environment in which they are operating can be trusted.

To address this shift, organisations should protect both the application and the decision. By combining access to in-app protection and telemetry with identity, device, and transactional risk intelligence, they can strengthen the integrity of the app while improving fraud detection quality. LexisNexis® Dynamic Decision Platform orchestrates these capabilities, enabling organisations to bring together app-level protection and identity intelligence, and support more confident, real-time decisions across the mobile customer journey.

Promon Shield provides in-app protection, telemetry collection, and deployment capabilities to help secure mobile applications, while ThreatMetrix® delivers digital identity intelligence and risk decisioning to identify suspicious activity and help teams make more informed decisions. Together, the solutions provide a more complete view of mobile fraud risk by strengthening both the application layer and the signals used for fraud detection, helping organisations reduce blind spots in app environments.

Promon and LexisNexis Risk Solutions help protect and assess risk across billions of app installations and digital identities worldwide, serving some of the world’s largest brands across financial services, payments, insurance, healthcare, digital banking, and other sectors where mobile trust is mission-critical.

“Promon has always believed that strong mobile security is a critical foundation for digital trust,” said Daniel Kollberg, Chief Executive Officer at Promon. “As fraud increasingly targets the mobile app and device environment, organisations need clearer insight into whether each session can be trusted. We are bringing Promon Shield, mobile risk detection, behavioural insights, and tamper-resistant telemetry into one of the world’s leading fraud intelligence platforms, helping organisations protect customers, reduce fraud losses, and deliver safer mobile experiences.”

“Fraud prevention is increasingly dependent on understanding the full context of a digital interaction,” said Grayson Clarke, Chief Commercial Officer at LexisNexis Risk Solutions. “Promon’s app protection capabilities complement the insights delivered through our LexisNexis® Risk Intelligence Network, helping customers strengthen the signals they rely on to better detect fraud across the mobile environment.”

CSA Editorial

Launched in Jan 2018, in partnership with Cyber Security Malaysia (an agency under MOSTI). CSA is a news and content platform focusing on key issues in cybersecurity in the region. CSA is targeted to serve the needs of cybersecurity professionals, IT professionals, Risk professionals and C-Levels who have an obligation to understand the impact of cyber threats.

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