UK-based technology company Featurespace has been granted a US patent for its adaptive behavioral analytics technology.
The AI-powered technology uses transactional data to learn the behavior of genuine customers, enabling it to detect and prevent fraud in real-time without requiring sensitive information.
Featurespace's ARIC Risk Hub, which delivers adaptive behavioral analytics, has been successfully used to monitor individual behaviors and catch fraud attacks for years.
The patent grant recognizes Featurespace's innovation and its mission to make the world a safer place to transact.