February 9, 2017

Battling fraud with more Featurespace – Cambridge Independent

Paul Brackley, from the Cambridge Independent, came by the new Featurespace international headquarters in Cambridge, to get some more information on its incredible growth over the last 12 months.  

After announcing the partnership with TSYS, the largest third-party processor of Visa and MasterCard credit cards in the US, Featurespace is looking at further international expansion, and its offices in the UK, have seen significant growth to match. The commercial, engineering and data science teams have had 11 new members join in January alone, including two subject matter experts in the financial services and gaming industries. All this growth has prompted office moves for the Headquarters in Cambridge, and commercial team in London, to larger spaces.

“It is a very exciting time here at Featurespace.”  Speaking with CEO, Martina King, she explains that the beauty of the ARIC Platform is that the models never degrade; the model is taught after each new type of attack, so it can then identify it from that point onwards, “The best predictor of tomorrow’s fraud is yesterday and there’s no system in the world that can update in real time.”

Read the full article from the Cambridge Independent.