2021 Outseer™ Fraud & Payments Report Digital Transaction Insights from the Outseer Global Data Network™
Outseer, an RSA Company, is the leader in payment authentication and account monitoring solutions. As new digital banking and payments models scale, organizations need to be prepared for the potential increase in fraud and payments risks that may come with this growth. The Outseer 2021 Fraud & Payments Report provides insights into the latest global fraud trends and outlines strategies for addressing issues in authentication, fraud detection and fraud
A few highlights from the Report:
- Total 3-D Secure transaction volumes grew close to 50% in the first three quarters of 2021 when compared to the same period last year
- 50% of the 3-D Secure transactions in the Americas were leveraging the EMV® 3-D Secure (3DS2) protocol
- Outseer recovered over 12.9 million unique compromised cards in the first three quarters from online card stores and fraud communication channels
- Brand abuse attacks continue to be the most dominant attack vector that grew 274%
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