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Featurespace

Featurespace is the world leader in enterprise technology that prevents fraud and financial crime. With a mission to make the world a safer place to transact, Featurespace helps banks and financial institutions protect customers, and reduce risk and business operating costs by providing industry-leading machine learning, fraud & financial crime prevention solutions. Featurespace invented Adaptive Behavioral Analytics and Automated Deep Behavioral Networks and is the first to profile both genuine and fraudulent behavior to identify and block criminal activity in real time. Both are patent pending technologies that are central to Featurespace’s award winning ARIC™ Risk Hub. Featurespace was named as one of the winners of the International PETs challenge, which was convened to drive innovation in Privacy-Enhancing Technologies that reinforce democratic values and announced at President Biden’s second Summit for Democracy. In October 2023, Featurespace developed a propriety Generation AI foundation model, the World’s First Large Transaction Model, TallierLTM™. Developed for the payment industry due to the model's expertise in processing transactional data that improves fraud detection by up to 71%. Over 70 direct customers and 200,000 institutions have put their trust in Featurespace’s technology including HSBC, NatWest, TSYS, Worldpay, Contis, Danske Bank, Akbank, Edenred and Permanent TSB. Founded in 2008, and headquartered in Cambridge, UK Featurespace has a team of over 400, operating globally from seven locations.

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