Full-Time

Product & SME Candidates

Confirmed live in the last 24 hours

Featurespace

Featurespace

201-500 employees

Fraud detection and AML solutions provider

Data & Analytics
Enterprise Software
Financial Services

Entry, Junior, Mid

Cambridge, UK

Category
Product Management
Product
Requirements
  • N/A
Responsibilities
  • N/A

Featurespace focuses on preventing financial crime, specifically in fraud detection and Anti-Money Laundering (AML). Their main product, the ARIC™ platform, uses Adaptive Behavioral Analytics and real-time machine learning to assess risks associated with financial transactions across more than 180 countries. This platform helps financial institutions identify potential fraud and suspicious activities quickly by employing advanced anomaly detection techniques. Unlike many competitors, Featurespace emphasizes explainability in its detection methods, allowing clients to understand the reasoning behind risk assessments. The company's goal is to provide financial institutions with effective tools to safeguard their operations and customers from financial crime through a subscription-based software model.

Company Stage

Late Stage VC

Total Funding

$106.4M

Headquarters

Milton, United Kingdom

Founded

2008

Growth & Insights
Headcount

6 month growth

2%

1 year growth

5%

2 year growth

12%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for real-time fraud detection boosts Featurespace's market potential.
  • Participation in the Which? Anti-fraud coalition enhances Featurespace's industry collaboration.
  • Social media commerce growth offers new opportunities for fraud detection technologies.

What critics are saying

  • Rising social engineering scams challenge Featurespace to protect clients effectively.
  • Increased competition from BioCatch's new financial crime intelligence network.
  • Sophisticated fraud techniques during peak shopping periods may impact client satisfaction.

What makes Featurespace unique

  • Featurespace's ARIC platform uses Adaptive Behavioral Analytics for real-time fraud detection.
  • The company holds over 20 patents, showcasing its innovation in fraud prevention technology.
  • Featurespace's solutions are used by over 30 major global financial institutions.

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