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Outseer Announces Deep Performance Diagnostic Tool for Fraud Management Platform

August 16, 2023 02:50 PM AEST | By Businesswire India
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 Outseer Announces Deep Performance Diagnostic Tool for Fraud Management Platform
Image source: Businesswire India
Business Wire India

Outseer, a leader in providing fraud solutions that protect financial accounts from login through payment, is thrilled to announce it has invested in a deep fraud performance diagnostic tool for its Fraud Manager platform. Preventing fraud is a more pressing challenge than ever for financial institutions, and the most impactful advances are often found through truly optimizing existing solutions. Complementing Outseer’s proven transactional risk management platform with an advanced performance diagnostic tool allows customers to ensure they are getting the most out of their fraud fighting investments.

 

Outseer has invested in a diagnostic tool designed to improve the depth of insights its customers can gain into the performance of the Outseer Fraud Manager platform. This diagnostic tool includes the capability to compare the performance of different data signals being orchestrated through the Outseer platform.

 

“It is necessary but not sufficient for us to advance our data science and platform orchestration capabilities – even machine learning platforms like ours require tuning as the threat landscape and customer objectives evolve.” says Yogesh Patel, Chief Technology Officer at Outseer. “We continue to invest in deep performance diagnostics to deliver full transparency into performance of the Outseer platform.”

 

Customers who engage with the Outseer customer success team report higher performance and recognize more overall value from their investment. Outseer’s expertise has been developed over many years spent working day in, day out with the largest financial institutions in the world across trillions of transactions.

 

“We strive to ensure that our customers not only receive market-leading solutions but also maximize the value they derive from them," stated Mark Harvey, Chief Customer Success Officer at Outseer. "Fighting fraud is an ongoing process and Outseer is committed to providing a range of truly expert advisory services that help our customers continually dial in our platform for maximum value. In addition to optimizing their own fraud KPIs, we enable our customers to target industry best benchmarks that we observe across our base of 400+ customers.”

 

Outseer’s ongoing investment in customer success reinforces their position as a trusted partner, offering market leading solutions coupled with best-in-class diagnostic tools and value optimization services.

 

About Outseer: At Outseer, we are empowering our customers to liberate the world from digital fraud by providing solutions that stop fraud, not customers. Our market-leading fraud and authentication platform is used by thousands of financial institutions around the world to protect millions of customer accounts and billions of transactions annually. Leveraging proven data science, including our proprietary consortium data, our customers use our risk-based, machine learning platform to deliver the highest fraud detection rates, lowest false positive rates, and lowest customer intervention in the industry.

 

https://www.outseer.com/press-release/outseer-announces-deep-performance-diagnostic-tool-for-fraud-management-platform/

 

 

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Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC

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1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

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