NEWS RELEASE
Oct. 21, 2008
ABA Media Contact: John Hall
(202) 663-5473
E-mail: jhall@aba.com

LexisNexis Media Contact: Kristina Grammatico
(866) 411-7335

ABA ENDORSES LEXISNEXIS CREDIT RISK ASSESMENT SOLUTION TO BETTER SERVE UNDER-BANKED

WASHINGTON – The American Bankers Association has endorsed the LexisNexis RiskView solution, a leading solution that helps credit professionals accurately predict the delinquency of non-traditional and under-banked prospects.  RiskView is the only credit risk assessment solution for the under-banked consumer segment endorsed by the ABA through its subsidiary, the Corporation for American Banking.

"LexisNexis continues to develop innovative solutions that help financial institutions develop their business and serve their customers," said John Wolff, CAB president. "We're pleased to offer ABA's exclusive endorsement of RiskView, a solution that helps financial institutions better evaluate the risk when serving the under-banked market."

Consumer lifecycle and lifestyle data are proven to be highly effective predictors of behavioral patterns and financial risk levels.  Traditional bureau credit scores don't take these types of data into account, and therefore, they overlook a very large segment of the population.  As a result, industry estimates show that nearly 25 percent of U.S. adults are not adequately covered by traditional credit information, thereby making it difficult for these individuals to qualify for loans.

The RiskView solution overcomes this problem by using non-traditional data to accurately predict risk in populations not covered by credit bureaus.  RiskView can score approximately 72 million thin and no-file consumers, helping credit professionals assess this emerging credit market.  By quantifying risk, financial institutions can confidently determine when to extend credit and approve new customers.  RiskView assesses risk based on reliable indicators such as:

• Residential stability;
• Utility service consistency;
• Asset ownership;
• Derogatory status; and
• Life-stage analysis.

"We are honored to receive this exclusive endorsement from the ABA.  It is an acknowledgement of the unique ability of the RiskView solution to provide new opportunities for responsible lending to qualified borrowers," said Thomas C. Brown, vice president, market planning - financial services for LexisNexis® Risk & Information Analytics Group. "RiskView joins our InstandID family of products to create a collection of ABA-endorsed LexisNexis solutions that financial institutions can rely on."

About American Bankers Association
The American Bankers Association brings together banks of all sizes and charters into one association. ABA works to enhance the competitiveness of the nation's banking industry and strengthen America's economy and communities. Its members – the majority of which are banks with less than $125 million in assets – represent over 95 percent of the industry's $13.3 trillion in assets and employ over 2 million men and women.

About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. LexisNexis originally pioneered online information with its Lexis® and Nexis® services. A member of Reed Elsevier [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in more than 100 countries with 18,000 employees worldwide.

About LexisNexis Risk & Information Analytics Group
LexisNexis Risk & Information Analytics Group is a natural extension of the core competencies and technologies proven in the LexisNexis online products from the past 30 years. The LexisNexis Risk & Information Analytics Group builds on the LexisNexis tradition as a trusted provider and custodian of quality information, and leverages new cutting-edge technology, unique data and advanced scoring analytics to create total solutions to address client needs.
LexisNexis Risk & Information Analytics Group is specifically designed to serve the multi-billion dollar risk information industry which is comprised of professionals and organizations such as law enforcement, government agencies, financial services firms, collection agencies, insurance and health care providers, hiring managers, and other professionals.

# # #