About Kimberly Sutherland

LexisNexis® IDVerse® is offering innovative, next-generation document and biometric verification capable of detecting sophisticated deepfake and synthetic identity fraud

Fraud is widespread, hard to measure and difficult to prevent, according to the LexisNexis® True Cost of Fraud™ Study 2025 North America. As costs hit record highs, the eighth annual LexisNexis® Risk Solutions report shows that 44% of North American financial institutions (FIs) primarily rely on manual processes, hesitating to fully embrace automation and AI to combat fraud.