The Outseer Global Data Network™ is a collaborative consortium that aggregates and shares high-quality fraud and transaction data from hundreds of financial institutions across over 150 countries. This extensive network enables near real-time sharing of confirmed fraud events and emerging threat patterns, significantly enhancing fraud detection capabilities. By leveraging this collective intelligence, financial institutions can proactively identify and prevent fraudulent activities, safeguarding their customers and assets. Key Features and Functionality: - Comprehensive Data Aggregation: Collects and analyzes data from a vast network of global contributors, encompassing billions of transactions to identify fraud patterns effectively. - Real-Time Fraud Intelligence Sharing: Facilitates near real-time dissemination of fraud-related data among consortium members, ensuring timely updates on emerging threats and tactics. - Advanced Risk Assessment: Utilizes sophisticated analytics and predictive AI models to assess risk, enabling precise identification of fraudulent activities with a low false-positive rate. - Diverse Data Signals: Incorporates various data elements such as device identifiers, IP addresses, geolocation, and behavioral patterns to enhance fraud detection accuracy. Primary Value and Problem Solved: The Outseer Global Data Network addresses the escalating challenge of sophisticated and rapidly evolving fraud schemes by providing a unified platform for data sharing and analysis. By harnessing collective intelligence from a global consortium, it empowers financial institutions to detect and prevent fraud more effectively, reducing losses and enhancing customer trust. This collaborative approach ensures that organizations stay ahead of emerging threats, offering a robust defense against cybercriminal activities.