In 2020, RSA Security made a strategic decision to transform its Fraud & Risk Intelligence business into an independent organization - Outseer. The founders recognized that as digital payments accelerated globally, the tools financial institutions relied on were struggling to keep pace with increasingly sophisticated fraud schemes. Traditional approaches generated too much noise, blocking legitimate customers while missing actual threats. They envisioned a platform that could deliver more signal and less noise, leveraging cutting-edge data science and consortium data to accurately distinguish authentic customers from fraudsters in real-time.
Today, Outseer stands as a leading provider of fraud prevention and authentication solutions, protecting over $5 trillion in annual payments and safeguarding 450 million cards and bank accounts worldwide. Built on RSA’s award-winning technology foundation, the company’s risk-based machine learning platform delivers the highest fraud detection rates and lowest false positive rates in the industry. From London to Burlington, Massachusetts, Outseer’s team of fraud experts and data scientists continues to innovate, helping financial institutions liberate the world from transactional fraud without compromising customer experience.