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@Featurespace We have partnered with @zetasuite to deliver next-gen fraud detection to credit card issuers in the US. This pre-integrated solution provides a seamless experience for credit card holders while reducing the number of genuine transactions declined.
@Featurespace RT @InnFin: All it takes is 1 hack or scam, so why risk it? @GPS_Processor teams up with @FeaturespaceLtd in their latest webinar series 💻…
@Featurespace In this article, Dr David Sutton, Director of Analytical Technology at Featurespace, talks about what can be done to ensure model fairness in automated decisioning systems. #MachineLearning #technology
@Featurespace RT @PaymentsConsNet: @FeaturespaceLtd is propelling financial crime prevention to new heights with its Adaptive Behavioral Analytics! In ho…
@Featurespace Follow the link to learn how @eftposAust, Australia's go-to payment system, identified up to 72% genuine frauds through Featurespace's #machinelearning solution for both Card-Present (CP) and Card-Not-Present (CNP) transactions.
@Featurespace Our founder, David Excell, will be speaking at KBW Fintech Payments Conference this Wednesday, alongside a panel of technology experts, discussing how technology is redefining KYC, Risk & Fraud Management. Learn more here:
@Featurespace This Thursday, our David Sutton, Director of Analytical Technology, will join a panel of experts to explore how #datasharing initiatives and solutions that allow for public-private data sharing can help Financial Institutions fight financial crime.
@Featurespace Consumers are preyed on daily by scammers who use a variety of tactics to commit these crimes. Click the link below to discover how to identify #scams with the #technology that can distinguish genuine transactions from those that could be fraudulent.
@Featurespace Listen to this podcast to discover how Featurespace developed from start-up in the field of gaming fraud detection, to a globally recognised leader in the field of fraud and financial crime prevention.
@Featurespace We are excited to announce that Featurespace has been awarded two new #patents for its innovative #technology: the first is for our Fragmentation Engine, and the second for Sandbox Layered State.
Well, that’s no surprise as in our increasingly digital world, sophisticated criminal activity is taking advantage of individual vulnerabilities, and exploiting weaknesses in our global financial infrastructure generating huge personal and institutional losses.
In the first half of 2021 more than £750 million was stolen through fraud in the UK.
Perhaps that’s why the UK has been branded the ‘bank scam capital of the world’.
The US and elsewhere are not far behind; Americans lost around US$30 million to phone scams alone over the last year, and online fraud attempts are up 25%.
As the world leader in fraud and money laundering prevention technology, we thought it essential to join forces with the ACFE and the many other fraud fighting heros around the world to raise awareness of fraud and help reduce its impact.
Throughout International Fraud Awareness Week, we’re bringing you fraud insights and expert commentary from the smartest industry specialists, data scientists and machine learning technologists to help unite us in the fight against fraud, and outsmart the criminal.
Only the adaptive survive.
In this week’s featured video, Featurespace Fraud Expert, Roger Lester, will be discussing the rise of Scams around the globe.
Then, on Friday, Dr. Karthik Tadinada’s blog will demonstrate how fraud acts like an illness. It evolves, it mutates, it spreads. To protect financial organizations and their customers, fraud prevention needs an antidote which learns from past attacks so it can fortify itself against future threats.
This week our Live Webinars with Mongo DB will be taking place – covering the USA on Tuesday and EMEA on Thursday. You can register for the US event here, and the EMEA event here.
On Wednesday our team will be at the MoneyLIVE Big Meet-up in London, where Sean Neary will be joining the panel for ‘The power of analytics and AI in the fight against fraud’. Let us know if you’ll be there!
This week’s infographic shines a light on the steps businesses can take to protect their customers from fraud and financial crime. As a consequence, having a robust fraud and financial crime prevention strategy adds value to financial institutions offerings and increases operational and cost efficiencies.
As our world becomes increasingly digital-first, criminals continue to exploit individual vulnerabilities for their illicit gains. According to UK Finance, in the UK alone, £350 million has been lost due to authorized push payment (APP) scams during the first half of 2021.
This week, we focus on the steps we, as individuals can take to protect ourselves from scams.
Stay one step ahead of the criminals.
The team headed into London for our first in-person UK conference of 2021 - a packed agenda with great insights from FIs and Industry experts. The rise of APP scams featured heavily, while our own Sean Neary joined Matt Tataryn, Tide, on stage to discuss 'the power of analytics and AI in the fight against fraud'. The recording will be available soon - watch this space!
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.