Fraud and Risk Platform from Featurespace Creates New Opportunities for Processors and Acquirers around the World

– White-labeling of multi-award-winning ARIC Fraud and Risk Hub
increases access to industry-leading adaptive behavioral analytics –

LAS VEGAS–(BUSINESS WIRE)–Featurespace has launched ARIC White Label from Money 20/20 in Las
Vegas, enabling multinational banks, payments companies, issuer
processors and merchant acquirers to reduce risk and customer friction
across all channels for their customers.

ARIC White Label delivers the full functionality of the award-winning
ARIC Fraud and Risk platform – including adaptive behavioral analytics
and biometrics – allowing processors and acquirers to offer their
customers the industry’s most advanced fraud and risk prevention tools.
Fully brandable, ARIC White Label easily integrates into clients’
systems to provide:

• Multi-tenancy: Fraud detection strategies can be configured and
  simultaneously deployed, including rules and adaptive models at the
  individual merchant- and issuer-level, over specific groups and across
  entire portfolios;
• Instant Onboarding: Clients can set templates for the levels of access
  provided to tenants;
• Full Data Segregation: Tenants cannot access data of other tenants;
• Complete control over rules;
• Model deployment – Featurespace’s or customer’s own; and
• Reporting and Incident Management.

With ARIC White Label, clients can also incorporate and combine
Featurespace’s Adaptive Behavioral Analytics with their existing models
to build profiles of normal behavior for every consumer and then deliver
custom risk scores of each interaction at every touchpoint, ensuring the
highest accuracy when determining if an event is genuine or fraudulent.

“ARIC White Label is deployed and powerfully delivering for our
customers,” said Dave Excell, founder and CTO at Featurespace. “Our
technology will help to provide best-in-class fraud and risk protection
for customers who might otherwise have not been able to benefit from the
ARIC Fraud and Risk Hub.”

To see a live demo of ARIC White Label, visit Featurespace’s booth
(#2109) at Money
20/20 in Las Vegas or to schedule a demo or a meeting with
Featurespace during or after the event, please contact info@featurespace.com.

About Featurespace – www.featurespace.com
Headquartered
in the U.K. and U.S. and with offices in Atlanta, Cambridge and London,
Featurespace™ is the world-leader in fraud prevention and creator of the
ARIC™ platform, a real-time AI machine learning software that risk
scores events in more than 180 countries.

The ARIC platform combines adaptive behavioural analytics and anomaly
detection to automatically identify risk and catch new attacks as they
happen. The increased accuracy of understanding behavior strikes the
balance between improving fraud and risk detection and operational
efficiencies, while also reducing the number of genuine transactions
that would be incorrectly declined due to traditional rules by as much
as 70 percent.

Contacts

Featurespace
Matt Mills
Chief Commercial Officer
matt.mills@featurespace.co.uk
+44
(0) 1223 345940