Outseer Fraud Manager

30 reviews

Outseer Fraud Manager™ is a comprehensive transactional risk management platform designed to protect every phase of the digital customer journey—from login to payment completion. Utilizing advanced machine learning and a robust policy engine, it accurately assesses and mitigates risks associated with digital interactions, delivering a 95% fraud detection rate with only 5% customer intervention. This ensures a seamless user experience while effectively combating fraudulent activities. Key Features and Functionality: - Policy Management: Allows organizations to set and adjust rules based on risk tolerance and specific business goals, creating precise fraud detection strategies tailored to different scenarios. - Case Management: Tracks and manages suspicious transactions or activities that trigger policy rules, providing immediate feedback to continuously improve risk assessment accuracy. - Step-Up Authentication: For high-risk transactions or policy violations, the platform can trigger additional authentication steps to validate user identities, adding an extra layer of security when necessary. - Flexible Deployment Options: Supports both cloud and on-premises deployment, allowing organizations to choose a setup that best meets their operational and security needs. - Outseer Risk Engine: An advanced machine learning engine that assesses risk by analyzing data from a vast network of digital interactions, delivering accurate and timely fraud decisions. - Outseer Global Data Network: Enriches fraud detection with global transaction data from various institutions, helping organizations detect fraud trends and emerging threats across the financial ecosystem. Primary Value and Problem Solved: Outseer Fraud Manager empowers organizations to detect and mitigate emerging fraud trends effectively, reducing fraud losses and optimizing the customer experience. By leveraging consortium data and insights from billions of transactions, it provides consistent risk controls across authentication and payment transactions, ensuring reliable, real-time fraud detection while maintaining seamless customer interactions.

Outseer 3-D Secure

1 review

Outseer 3-D Secure™ is an advanced Access Control Server designed for credit and debit card issuers and payment processors to enhance transaction approvals, mitigate fraud, and reduce operational costs. By leveraging the latest EMV® 3-D Secure protocol, it ensures compliance with evolving global standards while delivering a seamless and secure digital shopping experience for cardholders. Key Features and Functionality: - AI-Powered Risk Engine: Utilizes predictive AI models trained on billions of transactions to assess the risk of each transaction in real-time, effectively distinguishing between legitimate and fraudulent activities. - Global Data Network: Incorporates consortium data from the Outseer Global Data Network, enhancing fraud detection capabilities by sharing confirmed fraud signals among participating institutions. - Behavioral Biometrics Integration: Analyzes user interactions continuously to detect anomalies, adding an extra layer of security without compromising user experience. - Policy and Case Management: Features robust policy management tools for creating data-driven rules and a comprehensive case manager for handling alerts and investigations efficiently. - Regulatory Compliance: Ensures swift adaptation to changing regulatory requirements by maintaining compliance with the latest EMVCo and card network standards. Primary Value and Problem Solved: Outseer 3-D Secure™ addresses the critical challenge of card-not-present fraud by providing a sophisticated, data-driven solution that enhances transaction security without introducing unnecessary friction for genuine users. By reducing false positives and optimizing challenge rates, it not only prevents fraud but also increases transaction approvals and interchange revenue, leading to significant profit growth for financial institutions. Additionally, its compliance with global standards ensures that organizations can swiftly adapt to regulatory changes, maintaining a secure and seamless payment environment for their customers.

Outseer Risk Engine

1 review

Outseer, an RSA company, empowers the digital economy to grow by authenticating billions of transactions annually. Our payment and account monitoring solutions increase revenue and reduce customer friction for card issuing banks, payment processors, and merchants worldwide. Leveraging 20 billion annual transactions from 6,000 global institutions contributing to the Outseer Data Network, our identity-based science delivers the highest fraud detection rates and lowest customer intervention in the industry.

Outseer FraudAction

0 reviews

Outseer FraudAction™ is a comprehensive fraud intelligence and cyberattack takedown service designed to protect organizations from external threats such as phishing attacks, malware, rogue mobile applications, and fraudulent social media pages. By continuously monitoring the digital landscape, FraudAction provides real-time detection and swift mitigation of cyber threats, safeguarding both brand reputation and customer trust. Leveraging a global network of over 17,000 ISPs, hosting authorities, and law enforcement agencies, Outseer ensures rapid response and effective takedown of malicious entities. Key Features and Functionality: - Real-Time Cyber Threat Monitoring: Continuous surveillance of potential threats, including phishing sites, malware, and unauthorized use of brand assets across various digital platforms. - Comprehensive Threat Takedown Service: Swift identification and removal of malicious websites, rogue mobile applications, and fraudulent social media accounts that impersonate or exploit the brand. - Dark Web Monitoring & Intelligence: Provision of actionable intelligence on compromised credentials, indicators of compromise, and other cybercriminal activities sourced from the dark web. - Credential Recovery: Identification and reporting of compromised usernames and login details associated with the organization, enabling proactive measures to secure affected accounts. - Enhanced Dashboard and Reporting: User-friendly interface offering detailed insights into threat detection, takedown processes, and service entitlements, facilitating efficient management and reporting. Primary Value and Problem Solved: Outseer FraudAction addresses the critical need for organizations to protect their digital presence from increasingly sophisticated cyber threats. By providing real-time monitoring, rapid threat mitigation, and actionable intelligence, FraudAction helps prevent financial losses, maintain customer trust, and uphold brand integrity. Its comprehensive approach ensures that businesses can proactively detect and neutralize external threats, thereby reducing the risk of fraud and cyberattacks.

Outseer Global Data Network

0 reviews

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.