TSYS Foresight Score℠, is a revolutionary machine learning software system that was developed in partnership with Featurespace. Today TSYS Foresight Score℠delivers unmatched precision in fraud detection to their customers while dramatically reducing false positives.
Capitalizing on the power of machine learning, Worldpay’s FraudSight is uniquely engineered to connect in-store and online transactions that are used to build behavioral models from card-specific activity. Regardless of channel, FraudSight prevents fraud and optimizes approval rates, boosting revenue across all channels.
The ARIC Risk Hub was implemented by HSBC to strengthen Anti-Money Laundering and fraud prevention in the insurance and retail fields respectively.
As banks around the world continue fighting against fraud, scams and increasing false positives, NatWest is protecting its customers with ARIC™ Risk Hub through enterprise-wide transaction monitoring and payments fraud detection, including the threats posed by Authorised Push Payments (APP) scams.
Sydney-based global fintech, Shaype (a rebrand from Hay as a Service) launched in August 2020, redefining what is possible in financial innovation, fintech and embedded financial experiences. Shaype prioritized solving for financial crime compliance as a continuous differentiator for its service, to ensure the completeness of its platform and to protect these innovative new services on behalf of their customers.
ARIC Risk Hub safeguards every Akbank transaction from fraud by accurately detecting anomalous behavior while increasing acceptance rates across all transactional channels for nearly 18 million customers.
Mercadotecnia, Ideas y Tecnología (MIT), a leading payment processor in Latin America, needed an adaptive solution to enhance fraud prevention across their portfolio of 22,000 merchants. With over 26 million transactions processed per month, MIT has dramatically reduced the number of genuine transactions being declined, improved operational efficiency and now detects anomalous behavior as it occurs.
GoCompare selected ARIC™ Risk Hub to build on existing efforts to tackle quote manipulation, ghost broking, application fraud, and more. For insurers who partner with GoCompare, the suite of fraud detection and prevention tools available will enable customized, real-time risk management, reducing the burden on insurers’ own fraud teams.
Danske Bank is a Danish multinational banking and financial services corporation. Headquartered in Copenhagen, it is the largest bank in Denmark and a major retail bank in the northern European region with more than 5 million retail customers. Danske Bank consolidated multiple software portfolios across fraud and financial crime into ARIC Risk Hub. From this single holistic platform Danske Bank has experienced synergies and efficiency gains while accurately and efficiently outsmarting criminals while delivering exceptional customer experience.
After reinventing agency banking dynamics, ClearBank are innovating against financial crime with ARIC Risk Hub, a custom machine-learning solution with multi-tenancy functionality, allowing ClearBank to deliver advanced AML transaction monitoring to multiple clients with a single deployment while maintaining the privacy and security of customer data.
Contis is renowned for transforming payments, issuing and processing by helping corporates, banks, fintechs and insurers to unleash their true potential using their proven BaaS capabilities. ARIC™ Risk Hub further establishes Contis at the forefront of innovation, performance and security by detecting and preventing transactional fraud in real time to all its clients.
Elavon’s unique fraud network, leverages Featurespace’s Adaptive Behavioural Analytics, helping merchants to detect fraudulent activity and simplify the online checkout experience for consumers.
The International Air Transport Association (IATA) is the trade association for the world’s airlines, representing some 290 airlines or 82% of total air traffic. IATA wanted to enhance the safe selling environment of their Billing and Settlement Plan (BSP).
“ISG are delighted to announce that our partnership with Featurespace means that payment ecosystems across the Middle East, Africa and India will have the cutting edge protection afforded by the award-winning ARIC Risk Hub.”Peter Churchill, CEO International for ISG
“Featurespace’s technology presents an innovative way for the Financial Services industry to prevent and detect financial crime in real time. This allows us to assist our clients to become more effective and efficient in tackling financial crime risk.”Scott Samme, Financial Crime Analytics Director at PwC
“Featurespace’s Machine Learning solution is one of the most advanced on the market and allows us to offer our customers world-class technological tools for financial risk management and to significantly reduce transaction fraud.”Sergio Hermida, Manager of Digital Banking, everis
“Combating fraud in the Insurance & Banking sectors is our mission. Featurespace is a perfect fit for deploying cutting-edge solutions in on-line fraud detection”Andrea Guerra, Managing Director, Kube Partners
“Working with Featurespace ensures seamless access to the most sophisticated fraud and customer management platform on the market.”Tom Hay, Head of Payments, Icon