The new alliance brings together the companies Lexis Nexis Threat Metrix Digital identity, device and behavioral intelligence; Bromon shield In-app protection; and Promon Insight Reliable telemetry, they said on Wednesday (July 1). press release.
These solutions are already being used by some of the world’s biggest brands in sectors where mobile trust is mission critical, including financial services, payments, insurance, healthcare and digital banking, according to the release.
When the solutions are integrated, they provide organizations with a more complete view of mobile fraud risks by enhancing both the application layer and the signals used to detect fraud, the statement said.
The companies’ alliance comes at a time when attackers are increasingly targeting the mobile application environment due to the importance of mobile as a channel for financial transactions and customer engagement, according to the statement.
CEO of Promon Daniel Kohlberg “We are bringing Promon Shield, mobile risk detection, behavioral insights and tamper-resistant telemetry to one of the world’s leading fraud intelligence platforms, helping organizations protect customers, reduce fraud losses and deliver safer mobile experiences,” he said in the release.
Chief Commercial Officer, LexisNexis Risk Solutions Grayson Clark “Promon’s app protection capabilities complement the insights provided through the LexisNexis Risk Intelligence network, helping customers strengthen the signals they rely on to better detect fraud across the mobile environment,” he said in the release.
the PYMNTS INTELLIGENCE a report “2025 State of fraud and financial crimes in the United States“I found that financial institutions are navigating an increasingly complex and adaptive fraud environment.
Against this backdrop, 68% of these organizations said they had increased their spending on fraud detection solutions.
“As financial institutions continue to modernize, investments in artificial intelligence, cloud infrastructure and automation are converging in hybrid fraud prevention models,” the report said. “These multi-layered strategies reflect an industry moving steadily toward continuous, intelligence-driven fraud prevention systems designed to address a more complex risk environment.”
LexisNexis Risk Solutions said in June that more than a third of retail and e-commerce companies said they experienced a significant revenue loss related to… scam During the past year.
