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LexisNexis Risk Solutions to Acquire IDVerse in Fight Against AI-Generated Fraud

  • LexisNexis Risk Solutions is set to acquire IDVerse, an AI-powered automated document authentication and fraud detection solutions provider.
  • IDVerse's technology uses AI to combat fraud and deepfakes by verifying the authenticity of identity documents and matching consumer's faces with photos on documents.
  • The acquisition will integrate IDVerse's capabilities across all solutions and enhance customer readiness for future fraud threats through advanced AI-powered solutions.
  • The transaction is expected to close in early 2025, subject to customary regulatory consents.

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