Outseer ISO/IEC 42001 Certification is yet another feather in the cap of the company’s dedication towards the responsibility of artificial intelligence. The certification from an independent body is a testimony that Outseer adheres to the internationally recognized standard for the governance, transparency, accountability, and risk management of AI.
Outseer integrates the use of predictive, generative, and agentic AI together with its proprietary banking and behavioral signals. The platform helps in identifying and preventing fraud, account takeovers, scams, money mule operations, and many more financial crimes in real-time. At the same time, achieving the Outseer ISO/IEC 42001 Certification proves the effectiveness of the company’s governance framework and oversight process. It also reassures banks and payment service providers that its AI systems are operated strictly within well-defined controls and internationally accepted best practices.
Furthermore, the success adds to Outseer’s security, compliance, and governance strategy. Additionally, it meets the increasing demand of regulatory bodies, banks, and consumers alike for transparency in decision-making through AI. Consequently, the certification reinforces trust in the company’s approach to responsible AI.
“AI is essential to defending consumers and financial institutions against modern fraud and scams,” said John Filby, Chief Executive Officer of Outseer. “This certification reinforces Outseer’s broader mission to help financial institutions stay ahead of increasingly sophisticated fraud threats while maintaining the highest standards of security, privacy, governance, and customer trust.”
The company also emphasized the importance of embedding trust throughout the AI lifecycle. Therefore, Outseer continues to strengthen its governance framework while supporting secure innovation across the financial sector.
“Trust must be built into every layer of an AI system, from design and development to deployment and ongoing monitoring,” said Gagan Bhatia, Chief Information Security Officer at Outseer. “ISO/IEC 42001 provides a rigorous framework for managing AI responsibly, and achieving certification reflects the discipline, controls, and governance processes we have established across our organization.”
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News Source: Businesswire.com
