AI and Machine Learning technology gives Railsr customers the edge against criminals
Railsr, the leading embedded finance platform, has partnered with globally recognised fraud
and financial crime prevention experts Featurespace to protect Railsr customers and their
consumers from the growing threat of fraud and financial crime.
Through the partnership, Railsr will combine its own expert fraud teams with industry
leading Card and Payment Fraud prevention and Anti-Money Laundering solutions through
Featurespace's award winning ARIC™ Risk Hub. Featurespace’s fraud and AML (FRAML)
solution will provide a single integration point, enabling Railsr’s platform to grow in line with
business expansion and maintain regulatory compliance.
“As the market accelerates towards embedded finance, consumers expect a frictionless
payment experience that is built into the transaction process. With Featurespace’s AI and
ML capabilities, Railsr can provide an enhanced level of customer experience, making
consumers' lives simpler and safer,” said Stuart Hartley, Global Head of Product for Fincrime
and Operations. “After an extensive review, the Featurespace platform, multi tenancy
capabilities, team and proven track record meant they stood out as the right technology
partner for us. We share the same goals for the industry and have enjoyed building a strong
collaborative relationship.”
Within 12 months, Railsr will provide their customers access to ARIC Risk Hub so they can
manage their own analytics directly. This will give Railsr’s customers a one stop shop for
FRAML in a multi-tennancy instance with a harmonized UI for fraud and AML.
“The Railsr platform is a natural fit for Featurespace,” said Matt Mills, Featurespace’s Chief
Commercial Officer. “As embedded finance increasingly becomes expected by consumers,
making sure they are protected from fraud and financial crime must be expected in equal
measure. Railsr have recognized this early and added a critical layer of self-learning
technology to ensure their customers get only the best experience.”
About Railsr:
Railsr is the world-leading embedded finance experiences platform. It helps brands put the
customer experience at the heart of their business by using finance as a strategic
engagement tool to deepen relationships, create relevance and generate revenue. The
Railsr platform provides financial products and solutions, including banking and wallets,
cards, credit and rewards. For more information about Railsr, go to:
https://www.railsr.com/
About Featurespace:
Featurespace is the world leader in enterprise grade technology that prevents fraud and
financial crime. With a mission to make the world a safer place to transact, Featurespace
helps banks and financial institutions protect customers, and reduce risk and business
operating costs by providing industry-leading machine learning, financial crime prevention
solutions. Featurespace invented Adaptive Behavioral Analytics and Automated Deep
Behavioral Networks and is the first to profile both genuine and fraudulent behavior to
identify and block criminal activity in real time. Both are patent pending technologies that
are central to Featurespace’s award winning ARIC™ Risk Hub. Over 70 direct customers
and 100,000 financial institutions have put their trust in Featurespace’s technology including
HSBC, NatWest, TSYS, Worldpay, Marqeta, Contis, Danske Bank, Akbank, Edenred and
Permanent TSB. Founded in 2008, and headquartered in Cambridge, UK Featurespace has a
team of over 400, operating globally from seven locations. https://www.featurespace.com/
Media contacts:
Railsr
press@railsr.com
Featurespace
Will Anderson
marketing@featurespace.com