LexisNexis Risk Solutions has partnered with Promon to help businesses protect mobile apps as fraud attacks move deeper into app and device environments.
This combines LexisNexis ThreatMetrix digital identity, device and behavioural intelligence with Promon Shield and Promon Insight, which provide in-app protection and trusted telemetry.
The partnership is aimed at helping organisations protect mobile applications from tampering, malware, overlay attacks, device manipulation, reverse engineering and automated abuse.
LexisNexis Dynamic Decision Platform will support the combined capabilities, allowing organisations to bring together app-level protection, identity intelligence and transactional risk signals for real-time fraud decisions.
Promon Shield helps secure mobile applications and collect telemetry, while ThreatMetrix provides digital identity intelligence and risk decisioning to detect suspicious activity.
Daniel Kollberg, CEO at Promon, said,
“We are bringing Promon Shield, mobile risk detection, behavioral 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.”
Grayson Clarke, Chief Commercial Officer at LexisNexis Risk Solutions, said,
“Fraud prevention is increasingly dependent on understanding the full context of a digital interaction.
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.”
Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Magnific
