RSA Spins Out Outseer: Fraud Prevention and More
- Outseer Fraud Manager (formerly RSA Adaptive Authentication), which protects customers across digital channels with risk-based account monitoring decisions;
- Outseer 3-D Secure (formerly RSA Adaptive Authentication for eCommerce), which offers digital payments authentication mapping to the latest EMV 3-D Secure standard; and
- Outseer FraudAction (formerly RSA FraudAction), which delivers detection, takedown, and data insights related to phishing sites, rogue apps, and fraudulent social media pages.
- Outseer Global Data Network, which is a global consortium of verified fraud and transaction data; and
- Outseer Risk Engine, which is an identity-centric risk graph delivering 95% fraud detection rates with an intervention rate of 5% or less, the company says.
Outseer CEO Reed Taussig: Key Perspectives
In a prepared statement about the spin-out, Taussig said:“Outseer is the culmination of decades of science-driven innovation in anti-fraud and payments authentication solutions,. As the digital economy continues to deepen, the Outseer mission to liberate the world from transactional fraud is essential. Our role as a revenue enabler for the global economy will only strengthen as every digital business continues to scale.
Outseer’s reason for being isn’t just focused on eliminating payments and account fraud. These fraudulent transactions are often the pretext for more sinister drug and human trafficking, terrorism, and other nefarious behavior. Outseer has the ability to help make the world a safer place.”
