Cambridge headquartered Featurespace expands

Featurespace, a global leader in machine learning fraud prevention using Adaptive Behavioural Analytics, has expanded its offices and teams in both Cambridge and London, increasing the total number of staff.

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Martina King, Featurespace CEO, commented: ”It is a very exciting time here at Featurespace – expansion is required to support our commercial successes. As a home-grown Cambridge technology business operating internationally, we are proud to continue to invest in Cambridge.”
 
Featurespace moved its international headquarters to larger premises in Cambridge’s Broers Building to accommodate the new staff and add capacity for further growth. The London Offices have moved to Bishopsgate in the City of London.
 
This expansion includes seven new members of the commercial team, including two subject matter experts in financial services and gaming, and four additional members of the engineering and data science team.
 
Featurespace was founded out of the Cambridge Engineering Department in 2008, by Cambridge University Professor Bill Fitzgerald and Dave Excell. Their pioneering research led to the creation of the world’s first Adaptive Behavioural Analytics engine, the ARIC platform.
 
The ARIC platform detects fraud for global businesses across financial services, including retail banks, payment providers and card issuers, as well as companies in Insurance and Gaming.
 
 
About Featurespace - www.featurespace.co.uk
 
Featurespace™ is the world-leader in Adaptive Behavioural Analytics and creator of the ARIC™ platform, a machine learning software platform developed out of the University of Cambridge.
 
Head quartered in Cambridge, UK, Featurespace has deployed ARIC to organisations that have services or products deployed in over 180 countries. Customers include Betfair, Vocalink/Zapp, Camelot, William Hill, and TSYS, the largest third-party processor of Visa® and MasterCard® credit cards in the U.S.
 
The ARIC™ engine – a real-time, machine learning software platform – monitors individual behaviours to catch new fraud attacks as they happen. The increased accuracy of understanding customer behaviour simultaneously reduces the number of genuine customers whose purchases and transactions are incorrectly declined – a solution that can save the payments industry $16bn, annually.

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Enquiries:
 
Featurespace
01223 345921
Rebecca Amos, Head of Marketing
rebecca.amos@featurespace.co.uk
 
Instinctif Partners
020 7457 2020
Adrian Duffield/Chantal Woolcock
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