Card processors benefit from Outseer 3-D Secure predictive AI models hardened in the largest global environments while gaining the ability to enhance them with unique data insights from each individual FI.
BEDFORD, MA – December 4, 2023 – Outseer, a leading provider in solutions that defend against fraud, today announced enhancements to their market leading 3-D Secure solution, aimed at providing more detail on metrics and data to processors by breaking out data per individual financial institution. The ability to split monthly data by Financial Institution allows processors to conduct more granular analyses. This facilitates better understanding of each institution’s transaction patterns, enabling more tailored strategies and support.
By providing statistical data on transaction volume and value, as well as challenge, decline, and failure rates, the report delivers a comprehensive view of transaction performance. This helps in identifying trends, anomalies, and areas for improvement. Access to detailed monthly metrics empowers financial institutions to make informed decisions, and this data-driven approach enhances strategic planning and operational efficiency.
“As a leading provider of AI solutions, we are well aware of the critical role that rich, granular data plays in model performance as well as operational effectiveness,” said Colm Coughlin, Director of Data Science at Outseer. “We are always looking at ways to enhance the quality and depth of the data we provide our clients and the increased breakout of data on individual financial institutions is an enhancement that has been welcomed by our large processors.”
To learn more about how Outseer delivers fraud solutions that work for you, visit outseer.com.
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.