June 9, 2017
Featurespace is named one of the FinTech50 2017
Featurespace has been selected as one of the leaders in European FinTech.
Cambridge, UK – Featurespace, a global leader in machine learning fraud prevention software using Adaptive Behavioural Analytics, has been named one of the FinTech50 2017 by FinTech City.
Martina King, Featurespace CEO, commented:
"It is amazing to be included on such a brilliant list. Our customers asked for real-time fraud software that can stop and block fraud attacks as they happen – so we built it. This award is an acknowledgement of our team’s innovative work with our customers delivering our real-time fraud management platform across the international finance space.
“It firmly anchors Featurespace as a leader in the risk management industry.”
The FinTech50 recognises innovative organisations who are transforming Financial Services within Europe. The final 50 are chosen by 30 industry experts including tier one banks, investors and Eileen Burbidge, HM Treasury's Special Envoy for FinTech.
Featurespace is the world leader in Adaptive Behavioural Analytics, delivered via its machine learning ARIC™ platform. ARIC uses anomaly detection to analyse complex data streams, building individual statistical profiles for each customer, to prevent fraud in real-time.
The ARIC platform models a pattern of normal or ‘good’ behaviour and detects anomalies, which enables it to identify fraud attacks as they happen, reducing the costs associated with managing fraud. Simultaneously, ARIC reduces the number of genuine transactions incorrectly declined, enabling businesses to accept more revenue.
For more information please contact:
Head of Marketing
+44 (0) 1223 345940
To find out more, visit www.featurespace.com