Featurespace win at the Barclays Supplier Awards 2019
Featurespace were delighted to accept an award for Controls Effectiveness Initiative of the Year at the Barclays Supplier 2019 awards.
About Featurespace - www.featurespace.com
Headquartered in the U.K. and U.S. and with offices in Cambridge, London and Atlanta, Featurespace™ is the world-leader in fraud prevention and creator of the ARIC™ platform, a real-time AI machine learning software that risk scores transactions and other events in more than 180 countries.
Featurespace was created out of Cambridge University’s Engineering Department, co-founded by world-renowned experts in applied statistics, the late Professor Bill Fitzgerald and Dave Excell, Featurespace CTO.
The ARIC platform combines Adaptive Behavioral Analytics and anomaly detection to automatically identify risk and catch new attacks as they happen. The increased accuracy of understanding behavior strikes the balance between improving fraud detection and operational efficiencies, while also reducing the number of genuine transactions that would be incorrectly declined due to traditional rules by as much as 70 percent.