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Outseer

Outseer builds machine learning fraud prevention and risk-based authentication software for banks and payment providers, spun out of RSA Security in 2020.

Outseer provides fraud prevention and authentication solutions to financial institutions, using machine learning and consortium data to distinguish genuine customers from fraudsters in real time. Founded in 2020, the company was spun out of RSA Security as an independent organisation. Its platform is built on RSA's technology foundation and applies risk-based machine learning to digital payments, with the stated aim of achieving high fraud detection rates alongside low false positive rates.

The company's work spans several technical domains: machine learning, data science, fraud detection, risk-based authentication, real-time transaction risk scoring and consortium data analytics. In practice, its systems protect more than $5 trillion in payments annually and safeguard 450 million cards and bank accounts worldwide, serving customers in banking, card payments and digital payments across global markets.

Outseer is headquartered in London and Burlington, Massachusetts, with a team composed of fraud experts and data scientists. Its stated mission is to liberate the world from transactional fraud without compromising customer experience, with an emphasis on innovation and on reducing noise and false positives so that legitimate customers are not impeded.

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