Solution introduction
Featurespace’s ARIC Risk Hub for financial crime monitors real time customer data, using our invention, Adaptive Behavioral Analytics
ARIC Risk Hub offers 7 machine learning solutions for fraud and Anti-Money Laundering analysts to spot suspicious activity and prioritize alerts with explainable anomaly detection. At the same time, ARIC Risk Hub recognizes genuine customers without blocking their activity, reducing friction.
Working as a technology partner to the financial services industry, our ARIC Risk Hub is deployed in some of the world's largest banks, payments processors and merchant acquirers.
- 500m - consumers protected from risk
- 50.4bn - events processed per year
- 75% - reduction in false positive alerts
- 75% - fraud attacks blocked as they occur with a 5:1 false positive ratio
- 100% - Suspicious Activity Reports (SARs) caught from working top 5% of prioritized alerts
- Real time - used to decision authorizations in world leading payment platforms
