Emailage, Featurespace, partner to fight application fraud

Monday 5 August 2019 00:45 CET | News

Emailage has teamed up with Featurespace to protect global ecommerce and financial services organizations from the growing threat of online application fraud.

Application fraud occurs when criminals use stolen or fake documents to open an account in someone else’s name. With this intrusive form of fraud on the rise, businesses need new fraud prevention methods, which can analyze the digital identity of the applicant.

Through this partnership, the ARIC platform will integrate Emailages global consortium of data and risk assessment scores to detect and report application fraud in real-time. In turn, this will boost the accuracy of customer authentication to identify and defend against fraudsters acting as legitimate customers at new account opening, while also facilitating compliance with new payment regulations.

Emailages email risk assessment technology leverages data inputs from a global network generating digital identities from a user’s email address. The business ensures data science techniques are combined with machine-learning technology to build a multi-dimensional profile of online purchasers and applicants to render a fraud risk score. This helps its clients build informed fraud decision making processes.

Digital identities established by Emailage are then fed through the ARIC platform, enhancing the machine learning models and rules used to automatically identify risk and catch new attacks as they happen.

Emailage provides transactional risk assessment by assessing and scoring email data for organizations around the world. To find out more about their services and offering, please visit our dedicated online payments company database and web fraud & e-identity company database.

Featurespace is a provider of adaptive behavioural analytics technology and services with specialities in fraud prediction and prevention. For more information about this company, please check out a detailed profile in our web fraud & e-identity company database.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Emailage, Featurespace, partnership, application fraud, machine learning, risk management
Countries: World