TSYS Enhances Real-Time Fraud Capabilities with Machine Learning Technology

COLUMBUS, Ga.–(BUSINESS WIRE)–TSYS® (NYSE: TSS), today announced an agreement with Featurespace™, a global leader in adaptive behavioral analytics, that will reduce fraud for its clients with a revolutionary machine learning software platform — the ARICSM engine — that monitors every individual — one customer at a time — to deliver real-time decision capabilities. “TSYS’ collaboration with Featurespace aligns with our overall strategy of integrating with advanced, innovative technology partners to help our clients grow their business, reduce costs, and deliver an exceptional customer experience,” said Andrew Mathieson, group executive, issuer product group, TSYS. “We will incorporate these capabilities across the credit risk lifecycle, enabling our issuers to catch more fraudulent transactions while dramatically reducing false-positive alerts for genuine transactions — a sharp contrast to the industry paradigm of blocking more valid…


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