Featurespace and Monavate partner

Thursday 21 April 2022 11:01 CET | News

Featurespace and Monavate have partnered to embed a fraud solution, ARIC Risk Hub, to full-service issuing platform Monavate One. 

The partnership gives Monavate’s customers access to Featurespace’s fraud services, direct from the platform. Featurespace’s ARIC Risk Hub will sit alongside a suite of complementary issuing services all within a single portal. The Monavate platform will provide card issuance, processing, IBANs, data analytics, card fulfilment, and more for the E2E setup, launch and scaling of fintech-led card products.

ARIC Risk Hub’s self-learning technology gives Monavate the ability to apply adaptive machine learning models to identify fraud. With Monavate’s clients coming from markets such as crypto, NFT, and DeFi, innovative tech-led risk management is critical.

Featurespace's ARIC Risk Hub meets the transaction monitoring requirements for electronic payments, as defined in the Payment Service Directive (PSD2), and provides a platform on which fraud capabilities can be expanded across several channels to provide a single view of the entire payment journey.  

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Keywords: fintech, partnership, fraud prevention, IBAN, data
Categories: Fraud & Financial Crime
Companies: Featurespace, Monavate
Countries: United Kingdom
This article is part of category

Fraud & Financial Crime




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