Featurespace, a global leader in machine learning fraud prevention using Adaptive Behavioural Analytics, has been identified as a Representative Vendor in the Gartner Market Guide for Online Fraud Detection for the ARIC platform.
Gartner’s October 2016 Market Guide for Online Fraud Detection is an annual report that provides an analysis of the Online Fraud Detection market and identifies representative vendors that provide offerings and solutions in that market.
Featurespace is a world leader in adaptive behavioural analytics, delivered via the machine learning ARIC platform. ARIC uses anomaly detection to analyse complex data streams in real time, building individual statistical profiles for each customer. ARIC identifies a pattern of normal or ‘good’ behaviour and detects fraud attacks as they happen, reducing the costs associated with managing fraud. Simultaneously, ARIC reduces the number of genuine transactions incorrectly declined, enabling businesses to accept more revenue.
Featurespace’s ARIC platform is deployed live for organisations which have services and products in over 180 countries, including the leading US payments processor, TSYS, as well as Vocalink/Zapp, William Hill and Betfair.