BEDFORD, MA – August 20, 2024 – TRINEXIA has partnered with Outseer as a strategic distributor for the Middle East, Africa and India regions, to strengthen our Cyber Security solution portfolio by empowering financial institutions to fight payment fraud and safeguard customers. This partnership will enable Outseer to leverage TRINEXIA’s comprehensive channel ecosystem, competitive positioning, and technical expertise to drive market penetration and growth.
Financial institutions and consumers are frequently targeted by cyber threats such as phishing, scams, banking trojans, ransomware, and DDoS attacks, leading to substantial financial losses, reputational harm, account takeovers and data breaches, and the rate of fraud continues to grow. They also face challenges in meeting compliance regulations such as PSD2/SCA equivalent standards, GDPR, PCI DSS, and various local regulations, where failure can result in significant fines and legal repercussions. As fraud and scams continue to rise, this partnership will enable financial institutions to proactively monitor the fraud landscape and disrupt the fraudster infrastructure all while adhering to unique regulatory requirements.
Charlie Coulange, Head of Global Channels, Outseer, stated “We are thrilled to establish a partnership with TRINEXIA as our distributor in the Middle East and India. TRINEXIA’s robust channel ecosystem, outstanding technical skills, and unwavering commitment to customer success perfectly aligns with Outseer’s aim to provide superior security solutions to financial institutions within these regions. This collaboration marks a significant strategic alliance aimed at empowering our partners, enhancing customer relationships, while addressing emerging risks within the evolving cybersecurity and fraud landscape.”
Rising concerns about social engineering, the surge in scams and the necessity for secure transactions have driven financial institutions to pursue innovative security measures to safeguard customer information and maintain trust in their services. Collaborations between fraud prevention providers like Outseer and regional distributors like TRINEXIA will facilitate the deployment of advanced and proven security technologies customized for the specific needs of financial institutions within these regions.
“TRINEXIA is excited about this partnership and looks forward to the positive outcomes it will bring for our customers and financial institutions within the region. Outseer’s expertise and dedication to fighting fraud are truly commendable. Their fraud prevention solutions will be a valuable enhancement to our cybersecurity portfolio, equipping organizations with the tools to proactively and effectively combat fraud and enabling swift and accurate customer recognition and authentication,” said Laurence Elbana, Director – Europe, Middle East & India, TRINEXIA.
Outseer is solely dedicated to fraud prevention, which allows them to maintain a focused and specialized product portfolio. The Outseer Platform is a proven transactional risk management platform that enables customers to protect digital transactions from login to payment and mitigate fraud threats to reduce fraud losses while maintaining an exceptional customer experience. Their Outseer FraudAction™ service protects customers, brand reputation, and the bottom line with a rapid detection and takedown solution that detects and mitigates external threats including phishing attacks, scams, mule accounts, and trojans. Outseer Fraud Manager™ mitigates digital payment fraud and protects customer accounts at every step of the customer journey. Additionally, Outseer 3-D Secure™ balances card not present fraud prevention with a frictionless cardholder experience, enabling card issuers to grow their business by increasing interchange revenues, reducing fraud losses, and cutting operational costs related to call center activity, fraud investigation, and failed authentication.
TRINEXIA distinguishes itself with a technical team that has a profound understanding of Outseer’s solutions, allowing them to support partners in demonstrating and deploying solutions customized to their customers’ requirements. TRINEXIA’s expertise in pipeline generation separates them from conventional distributors, giving partners a competitive edge to jointly explore new business opportunities.
About Outseer
Outseer is the global market leader in fraud prevention solutions that enable financial institutions to reduce fraud losses and operational costs while improving customer experience. Leveraging our 20-year history as RSA Fraud & Risk Intelligence, Outseer continues to innovate, protecting digital transactions from ever-evolving fraud threats. Outseer achieves this through our experienced global team, with employees in over 15 countries. Our proven AI-based platform leverages unique data science built on decades of global transaction data, including our proprietary consortium data, and intelligently orchestrates diverse data signals and authentication flows. Trusted by thousands of customers in over 50 countries, including hundreds of the world’s largest financial institutions, our solutions safeguard millions of accounts, billions of transactions, and trillions of dollars annually. Outseer is backed by established private equity investors that share our vision for liberating the world from transaction fraud. To learn more about how Outseer delivers fraud solutions that Stop Fraud Not Customers®, visit outseer.com.
About TRINEXIA
Established in 1999, TRINEXIA is a PAN-EMEA specialty Value-added Distributor, and a trusted leader in providing solutions within the Cyber Security, Digital Forensics, Application Security, Identity & Payments, Data Security & Governance space. TRINEXIA is a pure-play provider of cybersecurity and forensics solutions, to both public and private sector enterprises. TRINEXIA, consistently and successfully adds great value to our partner community, with our partners, we design and deliver intuitive, trusted, and leading solutions that are customized to achieve the required results, whilst being admired for our people, partnerships, and performance. For more information visit www.trinexia.com and follow us across all social media platforms.