Featurespace is the world leader in Enterprise Financial Crime prevention for fraud and Anti-Money Laundering. Featurespace invented Adaptive Behavioral Analytics and created the ARIC platform, a real-time machine learning software that risk scores events in more than 180 countries to prevent fraud and financial crime. ARIC™ Risk Hub uses advanced, explainable anomaly detection to enable financial institutions to automatically identify risk, catch new fraud attacks and identify suspicious activity in real time.
Scam Detect is a plug-and-play solution that augments existing fraud controls to detect the most challenging scams affecting consumers. During an industry sponsored Proof of Concept, the technology detected an incremental 33% of scams that made it past existing lines of defense. The result? Almost £100 million in loss reduction.
showing 1 - 1