April 19, 2017
Featurespace invests in US expansion
Charlotte, NC and New York. Featurespace, the global leader in machine learning fraud prevention using Adaptive Behavioural Analytics, has launched its first US offices in Charlotte, North Carolina and New York City, building on its success in the United States banking and payments fraud prevention market.
Having gained traction in the region, Featurespace’s presence in Charlotte and New York gives the company greater proximity to its US retail banking and payments clients.
Featurespace’s United States client list includes TSYS, the largest payments processor in the US, and a major US bank.
Martina King, CEO at Featurespace, commented:
“ We are working closely with our clients to transform the protection of their customers and outwit fraud attacks.
“Having successfully implemented the ARIC platform for TSYS and a major US bank, our continued investment and expansion in the United States is a clear demonstration of our commitment to both our US customers and this growing market.”
The US offices are dedicated to implementing the ARIC Fraud Hub across Featurespace’s United States clients, providing local support to its growing US client base.
For more information please contact:
Head of Marketing
+44 (0) 1223 345940
Featurespace™ is the world-leader in Adaptive Behavioural Analytics and creator of the ARIC™ platform, a machine learning software system developed out of the University of Cambridge.
Head quartered in Cambridge, UK, Featurespace has deployed ARIC™ to organisations that have services or products deployed in over 180 countries. Customers include Betfair, Vocalink/Zapp, Camelot, William Hill, and TSYS, the largest third-party processor of Visa® and MasterCard® credit cards in the U.S.
The ARIC™ platform – a real-time, machine learning software system – monitors individual behaviours to catch new fraud attacks as they happen. The increased accuracy of understanding customer behaviour simultaneously reduces the number of genuine customers whose purchases and transactions are incorrectly declined – a solution that can save the payments industry $16bn annually.
To find out more, visit www.featurespace.com