Featurespace

Fraud detection and AML solutions provider

Milton, England, United Kingdom

About Featurespace

Featurespace specializes in preventing financial crime, focusing on fraud detection and Anti-Money Laundering (AML) for major financial institutions worldwide. Their main product, the ARIC™ platform, uses Adaptive Behavioral Analytics and real-time machine learning to assess risks associated with financial transactions across more than 180 countries. This platform employs advanced anomaly detection techniques to help banks and financial organizations quickly identify and respond to potential fraud and suspicious activities. Unlike many competitors, Featurespace offers a subscription-based model that provides continuous access to their software, allowing clients to maintain ongoing protection against financial crime. The company's goal is to enhance the security of financial transactions and safeguard customers from fraudulent activities.

Milton, United KingdomHeadquarters
2008Year Founded
$106.4MTotal Funding
LATE_VCCompany Stage
AI & Machine Learning, Financial ServicesIndustries
201-500Employees

Risks

Integration with Visa may disrupt Featurespace's operations and client relationships.
Rising sophistication of social engineering scams challenges current fraud detection capabilities.
Reliance on paper checks in the U.S. poses a risk to comprehensive fraud solutions.

Differentiation

Featurespace invented Adaptive Behavioral Analytics for real-time fraud detection.
ARIC™ platform risk scores events in over 180 countries, offering global coverage.
Featurespace's technology is used by over 30 major global financial institutions.

Upsides

Visa's acquisition enhances Featurespace's reach and integration into global fraud prevention.
Growing demand for AI-powered fraud prevention boosts Featurespace's market potential.
UK government's anti-fraud initiatives align with Featurespace's mission and technology.