Mapping to the latest EMV® 3-D Secure protocol, Outseer 3-D Secure™ is a leading global ACS solution for issuers / issuer processors to fight CNP fraud: • 95% fraud stopped with only 5% intervention • ~1.5 billion 3DS transactions processed annually • ~$200 billion in CNP Payment Volume protected annually • Over $2.2 billion in CNP fraud savings for our customers in 2021 Using our comprehensive CNP 3-D Secure fraud detection and prevention solutions, Outseer customers can benefit from: • higher transaction authorization rates • lower fraud losses, and • higher interchange revenue Achieve secure, profitable growth with the perfect balance of security and experience Digital transformation has helped mobilize a massive shift toward new commerce and payments models. Global eCommerce is growing at double digit rates and forecasted to reach $5.5 trillion in 2022. As these new models scale, fraudsters are also evolving their strategies and organizations need to be prepared to address these growing and evolving threats. Nilson estimates that gross payment card fraud losses will reach more than $34 billion by the end of 20222. According to Aite-Novarica, Card not present (CNP) fraud accounts for over two-thirds of gross fraud losses and is estimated to grow 19.4% by 2023. Solutions need to provide security without sacrificing the user experience. Outseer 3-D Secure™ does just that. Outseer 3-D Secure is a leading global Access Control Server (ACS) solution for issuers and processors to fight CNP fraud. Outseer 3-D Secure maps to the latest EMV® 3-D Secure protocol – the global standard for authenticating CNP digital transactions. Outseer 3-D Secure protected ~$200 billion in payments volume in 2021. Outseer 3-D Secure™ - How It Works Outseer 3-D Secure is an Access Control Server (ACS) for credit and debit card issuers and payments processors. With the Outseer Risk Engine™ at its core, Outseer 3-D Secure transparently evaluates each transaction in real time to determine the probability of fraud vs. genuine transactions. Outseer 3-D Secure allows issuers to provide Visa Secure, Mastercard Identity Check, American Express SafeKey, JCB J/Secure™2.0, and eftpos support. Outseer 3-D Secure delivers a fraud detection rate of 95%, and a low genuine-to-fraud ratio (number of genuine transactions challenged for each confirmed instance of fraud), translating into higher approval rates bottom line growth. Step-up authentications are reserved for instances that truly warrant closer scrutiny, with a global average of approximately 5% requiring intervention. This leaves the vast majority of transactions unimpeded by a verification process. Outseer Risk Engine™ While other providers may offer an ACS, Outseer 3-D Secure is supported by decades of fraud management expertise and deep machine learning capabilities of the Outseer Risk Engine™. The Risk Engine, which is at the core of the Outseer Intelligent Platform,™ is built for precision detection. It enables payment card issuers and processors to leverage the latest functionality as specified by the protocol—and then goes even further. The Outseer Risk Engine analyzes hundreds of data elements including signals coming from the Outseer Global Data Network™, our Partners and our Customers, and uses predictive algorithms to detect and prevent fraud in real-time. It uses an advanced machine learning statistical approach to calculating the risk score. This approach looks at the conditional probability of each event to evaluate if its most likely genuine or fraudulent given the known facts or predictors. All available factors are taken into consideration but weighted according to relevance; the most predictive factors contribute more heavily to the score. The predictive weighting calculations are updated daily based on authentication results, case management feedback, and chargeback data. Step-up authentication options For the small percentage of transactions that are high risk or in violation of your policies, a step-up authentication will be triggered. Outseer 3-D Secure offers out-of-the-box step-up authentication options as well as a flexible interface to integrate with your organization’s own authentication methods. Outseer 3-D Secure™ Policy Manager The Outseer policy management application translates risk intelligence into action. Using our fine-grained policy controls, you can set specific actions to different risk score thresholds based on your risk tolerance and your business objectives. Outseer 3-D Secure™ Configuration Manager This tool allows customers to view, edit and delete parameters impacting the look & feel of the challenge flow via easy-to-use UI tool, this helps customers to roll out changes to their challenge screens rapidly and effectively, reducing their operational costs. Outseer 3-D Secure™ Case Manager The Outseer 3-D Secure™ Case Manager application enables you to track activities that trigger rules and determine if they are fraudulent. You can also use the application to research cases and analyze fraud patterns when revising or developing policy rules. When cases are resolved, you can use the case management UI to provide feedback to the Outseer Risk Engine to help enhance the accuracy of future risk decisions. An available API can be used to extract cases and activities to third party case management systems, and to update case resolution. Outseer 3-D Secure™ Advanced Analytics Outseer solution includes an analytics tool that exposes a dashboard with key metrics such as Fraud Detection Rates, Intervention rates, Transaction volumes and value and much more.