LexisNexis and Outseer join forces to fight fraud, protect customer journeys and provide support for LexisNexis

LexisNexis® Risk Solutions and Outseer, an RSA company, have teamed up to deliver an industry-first, comprehensive digital banking and payment solution, enhancing card authentication and account monitoring capabilities through the creation of a single customer view in digital banking.

With LexisNexis®ThreatMetrix® intelligence from the Digital Identity Network and Outseer 3-D Secure, there is no need to choose between strong customer authentication and a frictionless customer journey.

Leveraging the integrated capabilities of ThreatMetrix® and Outseer empowers issuing banks to vastly improve risk decisions across banking channels, combining the partners’ respective industry leading solutions and intelligence. This approach enables all members of the payments screening flow to benefit from enhanced dynamic transaction authentication and risk assessment, reducing cart abandonment and minimizing payment friction – all while still providing a comprehensive level of defence against CNP fraud.

The combined and expanded data generated during risk assessment boosts banks’ online decision making, increases fraud capture, delivers faster transaction authentication (in near real time) and enhances overall customer profiling. Because of the simplified customer purchase process, merchants have higher transaction completion rates.

ThreatMetrix® offers raw data as well as optimized, scored risk assessments, for greater insight into risk. It provides support for the entire customer journey, including verification of account openings and authentication of account lifecycle management. Linking ThreatMetrix® with Outseer 3-D Secure provides issuers with a holistic view of customer interactions for more informed risk decisions.

To find out more about how LexisNexis® ThreatMetrix® and Outseer can help you access the most comprehensive intelligence, reduce the risk of fraudulent CNP and remote transactions, and streamline the customer journey, visit the LexisNexis website, https://risk.lexisnexis.com/


Get latest news from African Startup ecosystem

Latest stories

You might also like...