Press Release: Outseer Releases Latest Fraud & Payments Report for 1H 2022

CNP Payment Fraud Prevention

A cardholder experience that’s superior and secure

Achieve profitable growth with perfect balance between security and cardholder experience

Stop Fraud, Not Customers™

Global eCommerce is growing at double digit rates and forecasted to reach $5.5 trillion in 20221. Fraudsters are also evolving their strategies, according to Aite-Novarica, Card not present (CNP) fraud is estimated to grow 19.4% by 20232 and organizations need to be prepared to address these growing and evolving threats. Solutions need to provide security without sacrificing the user experience. Outseer does just that.

1 eMarketer, Retail Ecommerce Sales Worldwide estimates, January 2022
2 Aite-Novarica Group, October 2021: Maximizing the potential of CNP
In 2021 alone, Outseer protected ~$200 billion in CNP Payment Volume and saved over $2.2 billion in CNP fraud. By using our comprehensive CNP 3-D Secure fraud detection and prevention solutions, card issuers and issuing processors can benefit from:
  • higher transaction authorization rates
  • lower fraud losses, and
  • higher interchange revenue

Enabled by

Outseer 3-D Secure™

The gold standard in card-not-present and digital payments authentication mapping to the latest EMV® 3-D Secure protocol.

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Outseer FraudAction™

Comprehensive threat management service that continuously monitors the cybercrime landscape to protect your customers and your business.

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