Featurespace’s machine learning ARIC™ Platform uses anomaly detection to analyse complex behavioural data in real time for fraud and risk management. Our ARIC Fraud Hub is a real-time software platform that is saving its clients millions with a unique approach to fraud prevention.
Humans intuitively profile people we know over time – adapting our sense of normal patterns of behaviour. If we spot someone behaving out of character, we reach out. Featurespace’s Adaptive Behavioural Analytics technology works in the same way, by understanding “good“ behaviour instead of looking for the bad.
ARIC™ understands individual behaviour, identifying even new and unknown fraud attacks in real-time to reduce the costs associated with managing fraud. Simultaneously, ARIC™ reduces the number of genuine transactions incorrectly declined by over 70%, enabling businesses to accept more revenue.”
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