Featurespace selected by record number of new partners as real time fraud and financial crime prevention becomes business critical
- Date 27 Sep 2021
Featurespace™, the leading provider of Enterprise Crime Prevention software, is experiencing record international growth as the business continues to provide real time fraud prevention in the era of increased online banking and digital payments.
So far this year, 68 new companies have directly and indirectly selected Featurespace’s technology to deliver an enhanced level of fraud and risk management. These include: eftpos, the Australian debit card payment system; a large Irish financial services company; a major Nigerian payments and switch services provider; and multiple banks across the U.S. and Europe.
“Institutions are putting their trust in Featurespace as they undertake significant digital transformations to reduce fraud and protect their customers,” said Martina King, CEO of Featurespace. “ARIC Risk Hub is designed exactly for this task, providing banks and financial institutions with a single customer view across the entire payment journey, accurately predicting individual behavior in real time and automatically recalculating risk, despite shifts in data flows.”