- Date 5 May 2021
NatWest has been recognized for “Best Security and Anti-Fraud Development” following its enterprise-wide deployment of the ARIC™ Risk Hub; Featurespace’s real-time machine learning Enterprise Financial Crime prevention software. The award was announced during The Card & Payments Awards’ digital ceremony on April 29, 2021.
Featurespace’s ARIC Risk Hub safeguards payments across NatWest’s commercial and consumer divisions from all known fraud types, as well as new scams and attacks. Featurespace’s ARIC technology achieves this by risk scoring every event within its authorization stream and predicting individual customer behaviors.