The ARIC platform is live and deployed with our customers in some of the world’s largest banks, insurance companies and gaming organisations
Worldpay wanted a comprehensive solution, with an acquirer’s overview for all payment services, that was not strictly rules-based. Worldpay wanted a platform with multiple capabilities, including risk management oversight across verticals and currencies, aggregating third-party and multitenancy functionality.
TSYS has partnered with Featurespace to reduce fraud for its clients. The agreement allows TSYS to strengthen its position in faster payments by leveraging machine learning to provide clients with actionable insights in real time, using adaptive behavioral analytics that result in operational efficiencies.
After reinventing agency banking dynamics, ClearBank are innovating against financial crime with Featurespace's Adaptive Behavioural Analytics. ARIC Fraud Hub will deliver a custom machine-learning solution with multi-tenancy functionality, allowing ClearBank to deliver advanced fraud detection and AML transaction monitoring to multiple clients with a single deployment while maintaining the privacy and security of customer data.
Featurespace’s ARIC™ Fraud Hub was chosen by Danske Bank as the best solution to mitigate card fraud at the customer level in real time and across all channels, while also giving customers the best experience by reducing the number of false positives.
Contis, renowned for its cutting edge and real time technology, will use the Featurespace ARIC™ Fraud Hub to detect and prevent transactional fraud in real time, bringing increased security benefit to all its clients and further establishing Contis at the forefront of innovation, performance and security.
GoCompare will use Featurespace’s ARIC™ Fraud 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 customised, real-time risk management, reducing the burden on insurers’ own fraud teams.
Vocalink Zapp have deployed Featurespace’s cutting-edge machine learning to spot and block fraud on their mobile payment platform. Following launch, the system will process thousands of events every second for customers of Vocalink Zapp’s banking partners, including Barclays, Nationwide and Metro Bank.
goHenry’s mission is to make the next generation of young people better at managing money.
As the UK’s first fully digital family banking solution, goHenry wanted to protect their young savers from fraud. With a highly manual, reactive and rules-based approach, fraudsters were able to recognize and abuse these rules, leaving a lot of fraud undetected.
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).
William Hill and Featurespace are collaborating to deploy a range of sophisticated machine learning analytics and technical expertise to interpret data and achieve greater insight.
Global Credit Card Issuer
This Global Credit Card Issuer wanted to build a new transactional fraud detection system to improve customer acceptance and reduce false fraud alerts, as well as spot new types of fraud automatically.
When Betfair – the world’s largest online betting exchange – decided to take on fraud, they took on Featurespace. They achieved over 77% reduction in unnecessary alerts and 50% reduction in Fraud Analyst headcount.
Mercadotecnia Ideas y Tecnologia
MIT needed a solution to detect and stop more fraud and reduce their false alerts and chargebacks, but they also wanted to increase transaction acceptance and improve operational efficiencies.
OpenBet, the world’s leading software provider to the sports betting industry, has agreed a partnership with Featurespace which gives OpenBet customers access to Featurespace’s market-leading ARIC engine. The collaboration will see the ARIC engine enabling OpenBet customers to have real-time access to player data.