Fraud detection and risk management specialists Featurespace has unveiled a new collaborative partnership with banking, payments and processing solution provider Contis.
Through the use of its ARIC Fraud Hub, Contis will now be able to “detect and prevent” transactional fraud in real-time – including authorised push payments.
“The level of our teams’ collaboration is among the best I’ve ever seen. Record-breaking enterprise, on-premise deployment requires exceptional technologists and teamwork,” commented Martina King, CEO, Featurespace.
“It’s good to know we can support our clients through the fraud protection and preparation required ahead of legislative change.”
Integration of the solution also enables Contis with compliance for some of the regulations of the upcoming second Payment Services Directive (PSD2).
Flavia Alzetta, CEO, Contis, said: “From the onset, Featurespace’s team showed why the company is a leader in fraud detection with unmatched expertise and mature technological capabilities.”
“Their first-class training and ongoing responsiveness and support ensured cohesion across all teams, enabling us to better protect our banking and payments clients and keep them ahead of criminals.”
