Outseer Fraud Manager

Overview

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 SCIENCE DATA EXPERTISE
Outseer is built on four key pillars

SCIENCE DATA LEADERSHIP EXPERTISE

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 Outseer Product Offerings

Outseer Fraud Manager™

Protects customers across all
Outseer 3-D Secure™ digital channels with risk-based
account monitoring decisions
The gold standard in card-not-
present and digital payments
authentication mapping to
the latest EMV® 3-D Secure protocol

Outseer Emerging
Payments™ Outseer FraudAction™
Authenticate new digital commerce Rapid detection, takedown, and
transactions across the pay before, data insights related to phishing
pay now, and pay later spectrum. sites, rogue apps, and fraudulent
social media pages

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 Your customers are expecting to interact and transact at any
time, from any device in a secure and frictionless way
View account balance

New opportunities to grow your business: Account login

• More transactions Account Enrollment
• Advanced payment options
ACH
• Customers have more digital
channels to interact with Money transfer
your organization
• Organizations are rolling out more P2P payment
digital services
Money withdrawal

Open API

Change account credentials

Pay a bill
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Surge in Data Breaches has led to significant increases
in identity theft and account takeover fraud

~3,000 47% 42% 100

breaches consumers hours
increase

publicly reported of U.S. consumers increase in identity hours to recover from

breaches in the first experienced financial fraud losses in 2020 their identity theft incident
three quarters identity theft (application reported by 30% of
of 2020** fraud in their name or consumers
account takeover) in the
past two years

Source: Aite, Security Magazine and Outseer Analysis, 2021

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 Outseer Fraud Manager Mission
Providing the foresight to know in advance which
customer interactions and transactions are authentic
and which are fraudulent without interrupting your
customers or your revenues stream.

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Outseer Fraud ManagerTM
Protects customers across all digital channels with risk-based account monitoring decisions

Deliver a frictionless experience

Powered by Outseer Risk Engine

ü & Outseer Global Data Network

ü Centralized fraud management

95% Business and risk-based policy

ü management
Case management investigation
ü
95% Fraud Detection Flexible step-up authentication
with 5% Intervention
ü options: out of the box/ partners/
“bring your own”

ü Mobile SDK
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 Secured and Frictionless Customer Digital Journey

Add/Edit
Securing every step of the Enrollment
Credentials
customers’ digital journey

• Outseer Fraud Manager helps

organizations prevent fraud at every
step along the customer digital
journey. Continuous
Authentication
• A holistic approach to fraud
prevention Add/Edit
Login
Payee
• It continuously authenticates the user
across all the different stages of the
digital journey and assesses the risk
associated with each digital
interaction and transaction.
Payments

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Outseer Global Data NetworkTM powers Outseer solutions

Our globally shared, cross-industry

transactions and identity intelligence
network informs smarter risk decisions.

Our member network reports an activity

as “Confirmed Fraud” / “Confirmed
Genuine” and the Global Data Network
the risk is automatically adjusted

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Outseer Risk EngineTM is at the core of our innovative technology
platform, and is built for precision detection

100+ Data Intelligence Indicators

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Outseer Fraud Manager Workflow

Risk Indicators
Behavior │ Device │ Global Data Network │ Ecosystem

Enrollment,
Login,
Policy
Payment, Authenticate Continue
Management
Add/Edit
payee, Add/
Edit
credentials
! Step-up
Authentication
Feedback

Case
Feedback Management

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Outseer Fraud Manager - Centralize Fraud Management

• Improve fraud detection through risk

score enrichment
• Leveraging existing investments in
anti-fraud tools
• Risk assessment for multiple channels
• Cross channel analysis

Internal Multiple Third party

intelligence channels inputs

Enhanced Risk Scoring Manage third party inputs

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Outseer Fraud Manager - Business and risk-based policy
management

• Turn your business objectives into policies

‒ Rules Granularity
• Reflect your risk tolerance by setting different
policies for different score thresholds or different
events
• Leverage multiple data elements and conditions
to build rules that meet your goals
• Rules life cycle management
• Run “what if” scenarios before deploying
new rules in production Manage Policy rules

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Outseer Fraud Manager - Leverage case management for fraud
investigation

• Captures detail that assists with case

research and fraud pattern analysis
• Enables tracking of activities that trigger
policy management rule
• Provides feedback to Risk Engine on
authentication events & case resolution
to improve accuracy of future risk
assessments View & filter cases and activities
• Exposes API to allow information to be
shared with external case management
system

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Outseer Fraud Manager- Flexible
Step- up authentication options

Balance security and convenience with choice:

• FIDO2 Certified Biometrics

• Passwordless
• Behavioral Biometrics
• Transaction Signing
• OOB SMS/Phone call
• OTP Push Notification

“Bring Your Own Authentication” or leverage out-

-of-the-box / Partner’s step-up options

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Fraud Manager: New Solution and Capabilities
Enhanced Use Case:
Account Takeover (ATO) Protection

• Provides next generation, FIDO-compliant multi-

factor authentication – including biometrics and
passwordless methods – to enhance protection
against ATO fraud

• US digital banking users are estimated to surpass

200 million in 20221

• ATO fraud increased by 250% in 2020, with about

one-third of takeovers occurring on banking
accounts2

• Advanced risk and identity assurance provides the

confidence to know genuine users from fraudsters

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Passwordless Authentication: How it Works
Support for Next-Gen Support for
QR Code Scanning tamper proof Biometrics BlockChain Enabled

LiveID
biometrics

• FIDO2 & NIST 800-63-3

• Decentralized Identity (DID)
• Enable Passwordless SCA certifications
(QR Code Support) with W3C-DID Support
• Tamper proof
• Push Notification • Written encrypted to an
(liveness detection) biometrics
immutable ledger

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Outseer Fraud Manager - Protect
Mobile transactions with
Our Mobile SDK
• Mobile SDK
‒ Enables App developers to integrate Fraud
Manager risk-based authentication into mobile
applications on device platforms such as
Android & iOS
‒ Benefits customer by offering multi-channel
fraud protection
• Mobile Data Collection Module
‒ Enables flexible & Customizable collection of
device identifiers and location information that
is used for risk assessment
• Mobile Authentication Module
‒ Enables utilization of fingerprint and face
biometric technology for out-of-band step-up
authentication purposes
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Outseer Fraud Manager -Combat MITM attacks with Transaction
signing

• Provides assurance of the integrity and

authenticity of online transactions to protect
against advanced financial attacks
• Software-based solution: integrated through the
Fraud Manager Mobile SDK
• Cryptographic keys for signing payment transactions
• Optional: Combine with biometric authentication

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Outseer Fraud Manager - Flexible Deployment Options

Consume as a Cloud Deploy on premise

service deployed on MS and fully control
Azure in multiple data the environment
centers and managed by
Outseer experts

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Outseer Fraud Manager in Numbers

95% fraud stopped 20+ years

with only 5% intervention Securing online logins, secure
interactions and transactions

15 Billion+ 1,000+ contributors

Consumer transactions and digital Outseer Global Data Network
interactions protected in 2021 industry leadership

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