Articles from Outseer

Outseer, a global leader in all-cause digital fraud prevention for financial institutions, today announced the appointment of Shane Cumming as Chief Revenue Officer (CRO). With more than two decades of experience scaling global revenue organizations, Cumming will lead Outseer’s worldwide sales as the company delivers breakthrough innovations in scam prevention, next-generation behavioral biometrics, and money mule detection to a growing market.

Scams have become one of the fastest-growing and most devastating forms of financial crime, costing victims more than $442 billion globally each year, eroding trust across the digital economy, and funding criminal activities. Outseer, the leader in all-cause digital fraud prevention, is proud to announce today its membership in the Global Anti-Scam Alliance (GASA) as a Foundation Member. This reinforces its mission to protect people, businesses, and institutions from all forms of digital deception.

Outseer, a recognized leader in authentication and fraud prevention for digital banking and 3-D Secure (3DS) transactions, announced its platform-native Behavioral Biometrics capability today. The addition of platformized Behavioral Biometrics introduces another layer of defense that continuously analyzes user interactions to detect anomalies in real time. Building on its rich RSA® heritage (formerly RSA Fraud & Risk Intelligence™), Outseer has enhanced its platform to meet today’s dynamic threat landscape. As fraud evolves—spurred by the digitization of payments, the spread of personal data across the dark web, the growing threat of scams and authorized fraud, as well as advancements like GenAI—Outseer’s multi-signal risk engine, leveraging sophisticated machine learning algorithms and AI, sets a new standard for continuous, unified protection.

Outseer, a leader in providing 3DS Access Control Servers (ACS) and payment fraud prevention solutions, announced today the availability of new global research conducted by Datos Insights focused on Card Not Present (CNP) fraud and the role of 3-D Secure (3DS).

Outseer, a leader in providing fraud solutions that protect financial accounts from login through payment, announced today the appointment of Colm Coughlan, PhD, to lead the Outseer Data Science team. In his new role, Coughlan will lead the data science team in pursuit of Outseer’s mission to liberate the world from financial fraud. He joins Yogesh Patel, PhD, who recently joined Outseer, to jointly guide technology and data science innovation.

Outseer, a leader in providing fraud solutions that protect financial accounts from login through payment, is thrilled to announce it has invested in a deep fraud performance diagnostic tool for its Fraud Manager platform. Preventing fraud is a more pressing challenge than ever for financial institutions, and the most impactful advances are often found through truly optimizing existing solutions. Complementing Outseer’s proven transactional risk management platform with an advanced performance diagnostic tool allows customers to ensure they are getting the most out of their fraud fighting investments.

Outseer, a leading provider of digital fraud prevention and customer authentication solutions, announced today the availability of new global research conducted by the Aite-Novarica Group focused on global trends in real-time payments (RTP) and associated fraud.

Outseer, a leading provider of payment authentication and account monitoring solutions, announced today the appointment of Yogesh Patel as CTO & Chief Data Scientist. In his new role, Patel will lead the technology and data science teams in pursuit of Outseer’s mission to liberate the world from financial fraud.

Outseer, a leading provider of payment authentication and account monitoring solutions, announced today the appointment of Mike Dayton as Chief Sales Officer. In his new role, Dayton will lead all direct and channel go-to-market teams in pursuit of Outseer’s mission to liberate the world from transactional fraud.

Outseer, a leading provider of payment authentication and monitoring solutions, announced today the appointment of Scott Olson as Chief Marketing Officer. In his new role, Olson will spearhead Outseer’s mission to liberate the world from transactional fraud and build on the company’s heritage of innovation.

Outseer, the global leader in payments authentication and monitoring solutions, has published its latest 1H 2022 Outseer™ Fraud & Payments Report, showing the alarming power of social engineering and Authorized Push Payment (APP) fraud, with 75% of fraudulent online banking payments activity (based on $ value) originating from trusted accounts on trusted devices. This suggests that consumers are unwittingly parting ways with their money, having been duped by fraudsters’ scams.

Outseer, the leader in payment authentication and monitoring solutions, today announced details for its Summer ‘22 Release, Outseer’s quarterly product innovation update. Summer ‘22 features enhanced fraud detection capabilities and increased operational efficiency across the Outseer portfolio of market-leading fraud prevention products, allowing Outseer customers to grow their businesses confidently and with minimal risk.

Outseer, a leading provider of payment authentication and monitoring solutions, announced today the appointment of John Filby as Chief Executive Officer. In his new role, Filby will spearhead Outseer’s mission to liberate the world from transactional fraud and build on the company’s heritage of innovation.

Outseer, the leader in payment authentication and monitoring solutions, announced today the retirement of Reed Taussig, Outseer’s Chief Executive Officer. Taussig’s retirement will take effect on May 13th, 2022.

Outseer, the leader in payment authentication and monitoring solutions, announced today continued business acceleration and explosive growth for the full Fiscal Year 2022 (February 1, 2021 through January 31, 2022). Operational highlights for the year include over $195 billion in protected payment transaction volume via Outseer 3-D Secure, nearly doubling since September of 2021 when last reported. Additional milestones include 15.1 billion transactions authenticated via Outseer Fraud Manager, over 200,000 cyber attacks detected by Outseer FraudAction, significant press coverage and share of voice results, new major customers, key executive appointments, and the launch of a brand new solutions category, Outseer Emerging Payments™.

Outseer, the leader in payment authentication and monitoring solutions, today announced details for its Winter ‘22 Release, Outseer’s quarterly product innovation update. Winter ‘22 is punctuated with enhanced user experience features across all Outseer fraud detection and prevention solutions, designed to reduce fraud investigation costs and total cost of ownership while providing a modern and intuitive user experience.

Outseer, the leader in payment authentication and monitoring solutions, introduces the next step in its strategic evolution with Outseer Emerging Payments™. This announcement marks Outseer’s first expansion beyond its market leading Outseer 3-D Secure™ payment authentication offering to enable growth and customer value beyond traditional card-not-present (CNP) transactions. Buy Now, Pay Later (BNPL) Installments represents the first Outseer payments solution within the new Outseer Emerging Payments platform.

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Outseer, the leader in payment authentication and monitoring solutions, has published its latest quarterly Fraud & Payments report, confirming a troubling and massive spike in worldwide brand abuse attacks. The Q4 installment of the report features insights from July through September of 2021 as captured through the Outseer Global Data Network™, and collected while authenticating consumer transactions and investigating threats on behalf of Outseer customers.

Outseer, the leader in payment authentication and monitoring solutions, announces the availability of new global research conducted by the Aite-Novarica Group focused on 3-D Secure adoption and usage. Through this largest-ever study dedicated to 3-D Secure technology, Aite-Novarica confirmed the standard is widely deployed across card issuers and merchants globally and is used as a key technology to fight card-not-present (CNP), digital payments fraud. 3-D Secure is a global payments authentication standard developed and managed by EMVCo1.

Outseer, the leader in payment authentication and monitoring solutions, today announced new identity-centric capabilities for its flagship Outseer Fraud Manager™ product offering. The two innovations include:

Outseer, the leader in payment authentication and monitoring solutions, today announced details for its Fall ‘21 Release, Outseer’s quarterly product innovation update. Outseer customers can look forward to advances in product efficacy, user experience, and operational efficiency across the entire Outseer product portfolio.

Outseer, the leader in payment authentication and monitoring solutions, today announced Rick Froehlich as Chief Revenue Officer as the latest addition to the Outseer executive team. Froehlich will report directly to Reed Taussig, Chief Executive Officer of Outseer.

Outseer, the leader in payment authentication and monitoring solutions, has published its third quarter Fraud & Payments Report, confirming that a massive $100 billion in transactions in 2021 alone have been protected by Outseer’s 3-D secure payments authentication technology. The report also reveals continued explosive growth of worldwide 3-D Secure transactions due to skyrocketing adoption of online shopping and new PSD2 mandates. The Q3 report installment features insights from April through June of 2021 as captured through the Outseer Global Data Network, and collected while authenticating consumer transactions and investigating threats on behalf of Outseer customers.

Outseer, the leader in payment authentication and monitoring solutions, announced today results from the first half of 2021, including monumental growth in 3-D Secure transaction volume, the hiring of key executives, and the launch of significant product updates including EFTPOS certification.

Outseer, the leader in payment authentication and monitoring solutions, today announced details for its Summer ‘21 Release, Outseer’s quarterly product innovation update. Summer ‘21 features official EFTPOS certification for Outseer 3-D Secure and new product features improving operational efficiency and management of European regulation requirements.

Outseer has published its latest quarterly fraud and payments report, uncovering a significant spike in brand abuse attacks and a continued shift to more precise payment authentication methods. The Q2 installment of the report features insights from January through March of 2021 as captured through the Outseer Global Data Network, and collected while authenticating consumer transactions and investigating threats on behalf of Outseer customers.

Outseer, the leader in payment authentication and account monitoring solutions, today announced Outseer Beyond, a new partner program for complementary providers of payments authentication and fraud prevention technologies. This development follows RSA’s announcement last week introducing Outseer as a new standalone company.