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/PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in automating, digitizing and transforming the way people bank and shop, and Featurespace, a world...
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Featurespace, the global leader in Enterprise Crime Prevention software, has received the Next Generation Payments award for Payments Risk and Fraud Transformation from IDC in the 2021 FinTech Rankings.
Featurespace has been recognized by Forrester as a Strong Performer in The Forrester Wave: Enterprise Fraud Management Q3 2021 evaluation. Download the full report here. Featurespace's ARIC Risk
The award was announced during The Card Payments Awards' digital ceremony on April 29, 2021. Featurespace's ARIC Risk Hub safeguards payments across NatWest's commercial and consumer divisions from all known fraud types, as well as new scams and attacks. Featurespace's ARIC technology achieves this by risk scoring every event within its authorization stream and predicting individual customer behaviors. Since deploying the ARIC Risk Hub, NatWest has achieved: A substantial improvement in value of fraud detected An exponential increase in scam value detection rate Greater overall customer sati...