Challenge
Time to value and ease of implementation were key to a successful partnership for Yonder when selecting a provider because the team knew that as a new entrant to the market, they were a prime target for fraudsters.
The external market forces, coupled with Yonder’s drive for business expansion, meant that its existing fraud detection solution was no longer fit for purpose; the company needed a modern enterprise fraud detection solution that:
- Could ingest multiple types of data across the customer journey to provide a single customer view for better decision making.
- Offered fraud detection from day one, detected across a range of existing fraud typologies and detecting emerging fraud trends.
- Could handle an increase in transaction volumes as the company grows.
Solution
Yonder wanted a SaaS solution to ensure flexible and rapid deployment with the ability to scale as its business grows. To ensure our solution is fit for purpose, within a week of our first call, Yonder’s integration team was given access to our sandbox environment to evaluate the User Interface and API. Yonder was confident in its decision to partner with Featurespace after testing the full version of our software.
“Featurespace has allowed us to launch a really successful card program and to stay ahead of potential fraud concerns.”
Theso JivajirajahChief Risk Officer, Yonder
Result
Featurespace’s detailed delivery documentation and process allowed Yonder to lead the integration and go live within a week. Our flexibility in the sales and delivery process allows smaller businesses such as Yonder to go live as soon as within a month from initial interaction and integrate to the Featurespace platform as soon as within one week of contract signature. This is made possible through our clearly documented API, sandbox access, and skilled implementation team.
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