Case Study

Multinational Financial Institution Stops Fraud Worth More Than $500,000 via LexisNexis TrueID

Multinational Financial Institution Stops Fraud Worth More Than $500,000 via LexisNexis TrueID

LexisNexis TrueID helped a multinational financial institution stop in-branch title fraud worth more than 500,000 by replacing manual ID checks with forensic, machine-driven document authentication using the TrueID All‑In‑One Scanner. The solution instantly scanned and validated passports, driver’s licenses, and other IDs against security features that are nearly impossible to spot with the naked eye, interrupting account fraud schemes, deterring fraudsters who now abandon fake IDs and leave branches, and giving frontline staff confidence to approve legitimate customers faster while reducing fraud losses.

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