London, UK: Global Processing Services (“GPS”), a leading global payments technology platform, today announced it is partnering with Featurespace, the world’s leading provider of adaptive behavioural analytics for fraud detection and risk management, to create a market leading issuer processing fraud mitigation solution.
GPS will incorporate Featurespace’s industry leading ARIC™ Risk Hub into its suite of fraud and risk management services globally. ARIC Risk Hub will further strengthen GPS’ fraud technology by improving fraud detection rates by over 70%, reducing false positives by 80%, and addressing fraudulent activity in real-time.
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