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RSA Spins Out its Fraud & Risk Intelligence Business as 'Outseer'

RSA Spins Out its Fraud & Risk Intelligence Business as 'Outseer' Image Credit: RSA Security

RSA Security announced the transition of its Fraud & Risk Intelligence business into a new standalone company serving a worldwide customer and partner community. 

The new organization, Outseer, is led by CEO Reed Taussig who joined the RSA Fraud & Risk Intelligence business in late 2020 and is a veteran of the fraud prevention and digital identity industry. 

 

With this strategic transition defined by self-directed company management and a modern corporate identity, Outseer will continue to deliver all heritage products in a newly constituted portfolio: 

 - Outseer Fraud Manager: (formerly RSA Adaptive Authentication) protects customers across all digital channels with risk-based account monitoring decisions 

 - Outseer 3-D Secure: (formerly RSA Adaptive Authentication for eCommerce) the gold standard in card-not-present and digital payments authentication mapping to the latest EMV 3-D Secure standard 

 - Outseer FraudAction: (formerly RSA FraudAction) delivers rapid detection, takedown, and data insights related to phishing sites, rogue apps, and fraudulent social media pages 

Together, these offerings serve as the benchmark for payments authentication, detecting account compromise fraud, and fraud investigations while upholding friction-free customer experiences for the world’s leading merchants, issuing banks, and payment providers. Underlying the Outseer product portfolio are two deep investments in data and science: 

 - Outseer Global Data Network: The industry’s first global consortium of verified fraud and transaction data 

 - Outseer Risk Engine: Identity-centric risk graph delivering 95% fraud detection rates with an intervention rate of 5% or less.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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