Detect and prevent fraudulent payment activity with minimal manual intervention.
Today’s customers expect a seamless and smooth payments experience regardless of their adopted payment method.
Stop fraud before a payment is even attempted and keep customers happy without unnecessary interference or wrongly declining transactions with ARIC™ Risk Hub.
Featurespace’s newly launched Automated Deep Behavioral Networks is a new deep learning approach that offers exceptional risk detection as well as reduced false positive ratios.
Payment fraud exists in many different forms. The kinds of fraud a business might be exposed to will depend on the way they make or process their payments such as Faster Payments, BACS, Zelle, ACH, SWIFT, RTP, P2P, Wire and more.
ARIC Risk Hub combines data from a variety of sources, including device ID, customer behavior, and cross-channel transactions in a single solution. Powered by our patented, award-winning invention, Adaptive Behavioral Analytics technology and unique ARIC Model Definition Language (AMDL) at it’s core, the ARIC™ Risk Hub prevents Fraud and Financial Crime with unrivaled accuracy. In addition, Featurespace’s newly launched Automated Deep Behavioral Networks delivers stable, real-time scoring with high throughput and low latency response times for business-critical enterprises, even under surge conditions.
Featurespace’s ARIC Risk Hub offers a holistic solution to protect your business and customers from the layered, complex payment fraud typologies, including (but not limited to):
ARIC Risk Hub for Payment Fraud is also available as a White Label product.
Provide real-time fraud protection with machine learning to your clients, while opening new revenue streams for your business.
Learn more about ARIC White LabelMulti-tenancy enables businesses to service everyone from small customers to a large enterprise. Its architecture allows a single instance of a software application to service multiple customers or tenants.
Easy Onboarding of Clients
Instead of having to update every instance of ARIC across a large number of servers, multi-tenancy enables easy roll out of updates from a central application.
Analytics Configuration Groups
With multi-tenancy you can provide specific analytics for a group of tenants while maintaining an underlying service which remains constant for all tenants.
Segregation of Data
Segregate data according to business and security rules – ensure that tenants do not see the data of other tenants.
50% reduction in fraud alerts
30% of fraud value identified before payment attempted using in-session behavioral data
20% more fraud detected through third-party payments than incumbent system