With a mission to make the world a safer place to transact, Featurespace helps banks and financial institutions protect customers, and reduce risk and business operating costs by providing industry-leading machine learning solutions that prevents fraud, scams & financial crime. As a world leading, AI native enterprise technology company, the company’s culture of continuous innovation is accomplished from the supportive and collaborative relationships built with customers, including TSYS, NatWest and HSBC. An approach that has earned Featurespace its reputation for innovation and leadership.
Featurespace invented Adaptive Behavioral Analytics and Automated Deep Behavioral Networks. It is the first company to profile both genuine and fraudulent behavior to identify and block criminal activity in real time. Both are patent pending technologies that are central to Featurespace’s award winning ARIC™ Risk Hub.
In 2023, Featurespace launched Scam Detect, a solution that has demonstrated the exceptional ability to reduce scams by up to 33% on Day 1. Scam Detect offers the industry an out-of-the-box solution that provides an augmented score for the hardest to detect scams (often those that have already gone through a bank’s first few lines of defense!).
Over 70 direct customers and 200,000 institutions have put their trust in Featurespace’s technology. Founded in 2008, and headquartered in Cambridge, UK, Featurespace has a team of over 400, operating globally from seven locations.