TSYS, Featurespace Team to Battle Fraud with Machine Learning

Total System Services Inc. has announced an agreement with Featurespace to apply machine-learning technology to fight fraud.Cambridge, U.K.-based Featurespace uses adaptive behavioral analytics to examine payment card transactions in real time and determine from patterns which ones are genuinely fraudulent, and not just suspicious, the companies said in a May 19 press release. Featurespace’s machine-learning platform is called the ARIC engine, which TSYS will harness to monitor individual transactions and the entire credit risk lifecycle.


Link to Full Article: TSYS, Featurespace Team to Battle Fraud with Machine Learning