Featurespace’s machine learning ARIC™ platform uses anomaly detection to analyse complex behavioural data in real time, within the authentication stream, for fraud and risk management.
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.
ARIC™ understands individual behaviour, identifying new fraud attacks as they happen 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.