Featurespace is the world leader in enterprise financial crime prevention for fraud and Anti-Money Laundering. ARIC Risk Hub catches new fraud attacks and identifies suspicious activity in real time for more than 70 major global financial institutions. Customers include HSBC, TSYS, Worldpay, NatWest Group, Contis, Danske Bank, ClearBank, and Permanent TSB.

Target group
PSP/acquirers
Banks/FS
Fintech

Global

Contact
140 Cambridge Science Park Rd, Milton Rd, Milton, Cambridge CB4 0GF; phone: 01223 345940

Member of industry association and/or initiatives
MRC, The AI Network by Tortoise Media, Cambridge Network, American Transaction Processors Coalition

Core solution/problems the company solves
Featurespace invented and introduced two technologies to the market: 'Adaptive Behavioral Analytics' and 'Automated Deep Behavioral Networks' – both of which are available through the ARIC Risk Hub. The ARIC Risk Hub is a scalable, best-in-class enterprise financial crime prevention software. Our technology is unique because it focuses on understanding good behaviour and then detecting anomalies (vs exclusively trying to identify fraudulent behaviour).

Technology 
On-premise
Cloud enabled
Native cloud
Hybrid

Data input

Identity verification
Identity document scanning third party capability
Video scanning third party capability
Personally Identifiable Information (PII) validation third party capability
Small transaction verification proprietary
Email verification third party capability
Phone verification third party capability
Social verification third party capability
Credit check third party capability
Compliance check third party capability

Online authentication
Behavioural biometrics third party capability
Physical biometrics third party capability
Device fingerprinting third party capability
Geo-location third party capability
Remote access detection third party capability
Mobile app push proprietary
3-D Secure 2.0 third party capability
Hardware token third party capability
One-time passwords third party capability
Knowledge-based authentication third party capability

Intelligence
Abuse list third party capability
Monitoring third party capability
Address verification third party capability
Credit bureau third party capability
Information sharing third party capability

Data ingestion/third-party data
Stateless data ingestion and augmentation

Methodology
Rule-based 
Supervised ML 
Unsupervised ML
Hybrid

Decisioning 
N/A

Chargeback management 
N/A

Business model
Pricing model
More information available upon request.

Fraud prevention partners
More information available upon request.

Year over year growth rate
More information available upon request.

Number of employees
More information available upon request.

Future developments
More information available upon request.

Customers reference
HSBC, TSYS, Worldpay, NatWest Group, Contis, Danske Bank, ClearBank, and Permanent TSB