The cryptocurrency market‘s rapid growth has attracted both seasoned investors and newcomers seeking to capitalize on digital assets’ potential. However, the journey into crypto begins with the funding of your cryptocurrency accounts. Ensuring the safety of these initial investments is paramount. In this blog, we’ll explore how Outseer Fraud Manager can be your trusted ally in securing your funds during the funding process, providing peace of mind and a solid foundation for your crypto journey. For funding through a credit or debit card, don’t forget to check out our quick guide to Outseer 3-D Secure, available for further insights.

Enhancing Security for Crypto Account Funding

Outseer Fraud Manager is a powerful tool designed to protect your funds during the critical stage of adding money to your crypto accounts. Here’s how it achieves this:

  • Superior Data Science for Enhanced Security – Outseer Fraud Manager leverages proven data science technology to enhance the security of your funding transactions. While it may not directly protect your cryptocurrency holdings, it excels in safeguarding the initial steps of purchasing crypto assets.
  • Defending Against Evolving Threats – Cryptocurrency funding is not immune to fraud attempts, and cyber criminals are always finding new ways to exploit vulnerabilities. Outseer Fraud Manager, with its unique consortium data, ensures that you are equipped to counter the latest fraud trends effectively.
  • Risk Models Built on Billions of Transactions – One of the standout features of Outseer Fraud Manager is its risk models, which have been meticulously trained on billions of transactions. This vast dataset ensures that the risk assessment for your funding activities is accurate and reliable.

Streamlined and Secure Funding Process

Securing your investments while funding your cryptocurrency accounts is crucial for a seamless experience. Outseer Fraud Manager streamlines and secures the funding process:

  • Streamlined Insights Across Transactions – By connecting insights across your funding transactions, Outseer Fraud Manager provides a comprehensive view of potential risks. This allows for early detection and prevention of fraudulent activities during the funding process.
  • Enriched Risk Scoring with Data Signals – Outseer Fraud Manager goes beyond analyzing your transaction data. It also considers external factors by ingesting first- and third-party data signals. This enriches the risk assessment and further enhances the accuracy of fraud detection.
  • Ensuring Consistency in Risk Controls – Consistency is key to maintaining a high level of security during the funding process. Outseer Fraud Manager ensures that consistent risk controls are applied at the beginning, from adding funds to your crypto accounts to the final step of withdrawing your funds.

Securing your investments during the critical stage of funding your cryptocurrency accounts is essential for a safe and successful crypto journey. Outseer Fraud Manager offers a comprehensive solution that enhances the security of your funds as you prepare to invest in digital assets. With its advanced data science technology, integrated approach, and focus on streamlining and securing the funding process, Outseer Fraud Manager can be your trusted partner in protecting your initial investments. Start your crypto journey with confidence, knowing that your funds are in safe hands.

Outseer Connect is a global roadshow with events bringing together financial services senior fraud and risk professionals to collaborate and network. Topics range from real-time payments, mitigating online scams, CNP fraud, 3DS metrics and ROI, navigating the intricate maze of diverse risk signals, and strategies to drive optimal fraud prevention outcomes. Register your interest for events in Toronto, Kuala Lumpur, London, Sydney, Tokyo, Tampa, and New York.

Nathan Close

Head of Solution Consulting - EMEA and APJ

Nathan Close is a seasoned professional based in the Netherlands and serves as the Head of the Outseer Solution Consulting team for EMEA and APJ. With a decade of experience in solution consulting at Outseer and a total of 15 years in IT security consulting, Nathan has developed a broad expertise in fraud prevention across various industries and customer markets. His wealth of knowledge and practical experience makes him a valuable resource in addressing fraud-related issues.