Financial Institution Fraud Detection Tools in Suriname Gain Global Recognition
A Game-Changer in Fighting Financial Institution Fraud
Suriname’s leading financial institutions have turned to Outseer, a global provider of fraud detection solutions, to protect their customers and prevent financial losses. Outseer’s innovative technology has been hailed as a game-changer in the fight against financial institution fraud.
The Flagship Product: Fraud & Authentication Orchestration Platform
Outseer’s flagship product, the Fraud & Authentication Orchestration Platform, has been praised for its ability to:
- Consolidate workflows, decisioning, and step-up options
- Optimize customer experience for both authentication and payment interactions
- Leverage data science and machine learning models proven in the largest financial institutions and highest-risk environments
Proven Success
The platform’s success has been demonstrated through its ability to:
- Stop fraud before transactions happen
- Recognize authentic customers quickly
- Balance security with customer experience
In fact, Outseer’s solutions have protected over $5 trillion in annual payments, 120 billion transactions annually, and 450 million cards and bank accounts annually.
Global Recognition
Outseer’s suite has been praised globally for its ability to achieve 95%+ fraud catch with less than 5% customer challenges. This is a significant achievement, as fraud prevention often comes at the cost of customer experience.
Case Study: Superior Performance
A recent case study by a top-35 global financial institution found that Outseer’s 3-D Secure solution delivered superior performance in each category versus the competition:
- Transaction success rate: 97.6% compared to 95.8%
- Challenge rate: 15.9% compared to 23.5%
- Decline rate: 0.14% compared to 0.86%
Optimized for Financial Institutions and Payment Services
Outseer’s solutions are optimized for financial institutions and payment services, making it an attractive option for Suriname organizations looking to reduce fraud losses.
Ready to Get Started?
Discover how easy it is to stop fraud before it happens and know that every transaction is as real as the happy customer behind it by giving your teams the tools to succeed. Explore Outseer’s proven solutions today!