The leading Nilson Report, the worldwide payments industry newsletter, has noted the new product from TSYS and Featurespace. The newsletter provides the latest news from all areas of the payments industry.
The Foresight ScoreSM has been added to the suite of risk and fraud products offered by TSYS. Utilising Featurespace’s innovative machine learning technology, it will reduce fraud for its customers and reduce the number of genuine transactions declined. The new product provides TSYS with an innovative product to strengthen its offerings, providing customers with an opportunity to more accurately prevent new and unknown fraud as well as known fraud types.
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