World leader in Enterprise Financial Crime prevention introduces a deeper layer of defense for card and payments
LONDON & ATLANTA & SINGAPORE-Saturday 27 February 2021 [ AETOS Wire ]
(BUSINESS WIRE)-- Today, Featurespace introduces Automated Deep Behavioral Networks for the card and payments industry, providing a deeper layer of defense to protect consumers from scams, account takeover, card and payments fraud, which cost an estimated $42 billion in 2020.
"The significance of this development goes beyond the scope of addressing enterprise financial crime. It's truly the next generation of machine learning," said Dave Excell, founder of Featurespace.
A breakthrough in deep learning technology, this invention required an entirely new way to architect and engineer machine learning platforms. Automated Deep Behavioral Networks is a new architecture based on Recurrent Neural Networks that is only available throug
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