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TSYS – provide an innovative payment solution built with businesses in mind

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Foresight Score was a game changer for us – truly transformational. We reduced our market share of fraud and could finally get our heads up and begin innovating again.

Huw Owen Thomas - Chief Marketing Officer

Overview

TSYS is a Global Payments company (NYSE: GPN) and a leading provider of seamless, secure and innovative solutions for payment card issuers, financial institutions and retail companies in approximately 80 countries worldwide.

TSYS succeeds by putting people and their needs at the heart of every decision to help them unlock payment possibilities. Continuing this mission is the catalyst that steered TSYS to partner with Featurespace to develop and implement a machine learning, transactional fraud scoring system fit for the future.

The TSYS Foresight Score℠ is built with Featurespace’s proprietary Adaptive Behavioral Analytics engine at its core and combines statistical algorithms with advanced machine learning that monitors individual transactions — one customer at a time — to deliver real-time decision capabilities.

Key Figures

4.3bn

transactions to date

15%

increase in overall fraud protection

39%

reduction in fraud losses

>30%

increase in fraud catch rates

70%

decrease in net fraud

34%

decreases in false positives

Industry game changing results

for TSYS during the pandemic

3:1
For every genuine fraud attack, only 3 customer transactions were interrupted.

6:1
And for every genuine fraud attack identified in a digital transaction, only 6 customer transactions were interrupted.

Featurespace’s Adaptive Behavioral Analytics enabled simultaneous false positive reduction and increased
accurate fraud detection.

Read the full Stability Report
TSYS_CaseStudy_GRAPH-1

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