Featurespace celebrates record achievement with finalists across four TCPA categories
What happens when you are trusted by leading financial institutions (FIs) to outsmart criminals while enabling them to deliver seamless customer experiences? You enter one of the most prestigious awards programmes to celebrate the winning combination of the smart minds in our customers’ technology teams and the smart minds at Featurespace, and their achievements in making the world a safer place to transact.
With so many heroic fraud and financial crime fighting stories to tell, we could not be more delighted to announce the record achievement of four finalist spots announced by The Card and Payments Awards today. Drum roll please …
Best Application of AI or ML in Financial Services category:
- TSYS, A Global Payments Company
TSYS delivers unrivalled model stability despite behavioural shock of pandemic driven spending changes
Sudden changes in a customer’s spending behaviour can be mistaken for fraud causing additional security step ups or transaction declines. With pandemic-driven customer behaviour abruptly shifting online, TSYS ForesightSM Score recognised the nuances between genuine and anomalous activity in real-time, delivering unrivalled stability during this volatile period.
- eftpos and Featurespace
Good for Australia: eftpos drives down fraud losses with real time machine learning
eftpos, Australia’s national debit card network launched new real-time machine learning to protect existing CP transactions, as well as secure new CNP transactions in the shift to eCommerce. Leveraging transfer learning from Featurespace, eftpos protected this new channel from day one for all Australian FIs, merchants, and their customers.
Best Security or Anti-Fraud Development category:
- Barclaycard Payments
Barclaycard Payments leverages machine learning to foil merchant fraud while maximising sales
Seismic shifts in economic and consumer behaviour have required merchants to adopt new ways of conducting business online and provided fraudsters a lucrative environment for criminal activity. To protect genuine merchants and accelerate settlement while stopping merchant fraud, Barclaycard Payments developed a Merchant Acquiring Fraud solution in partnership with Featurespace.
Best Marketing Campaign:
Featurespace Technologist campaign
Featurespace’s mission is to make the world a safer place to transact. How? Through a winning combination of the smart minds in our customers’ technology teams and the smart minds at Featurespace. They’re called Technologists, but to us they’re Rockstars – and this campaign set out to celebrate them.
The Card & Payments Awards recognize excellence and innovation across the industry. We cannot wait until 2nd February to join over 1,000 guests across more than 300 different companies and blue-chip sponsors to find out who will be crowned winners.
We are so proud to have our customers and Featurespace recognized for outsmarting risk and foiling the financial criminals while maintaining exceptional customer experience. Congratulations again to all the finalists!