Featurespace, the leading provider of Enterprise Financial Crime prevention software, has been recognised as a Representative Vendor in Gartner’s 2020 Market Guide for Online Fraud Detection1.
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“online fraud detection is expanding beyond traditional use cases, and market overlap with identity proofing and authentication is growing. SRM leaders focused on fraud should select vendors based on desired business outcomes and recognize that orchestration has become a critical requirement.”
The report states, “online fraud detection is expanding beyond traditional use cases, and market overlap with identity proofing and authentication is growing. SRM leaders focused on fraud should select vendors based on desired business outcomes and recognize that orchestration has become a critical requirement.”
Featurespace is recognised as a Representative Vendor in Online Fraud Detection: Event Monitoring Vendors With a Banking Focus – for its ARIC™ Risk Hub.
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Powered by Adaptive Behavioral Analytics – a Featurespace invention – the 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.
Featuring out-of-the-box models that use supervised and unsupervised techniques that automatically adapt to changes in behavior, ARIC Risk Hub also enables clients to create and deploy rules in real-time, as well as build and upload custom models into an Open Modelling Environment so that data science teams can conduct testing without impacting system performance.
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