GA-FEATURESPACE
13.5.2020 10:17:07 CEST | Business Wire | Press release
Featurespace, the leading provider of Adaptive Behavioral Analytics software for enterprise financial crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited.
The round also included further funding from a number of existing investors.
The funding will be used to support Featurespace’s continued growth.
Martina King, CEO, Featurespace, commented:
"During these challenging times, our machine learning models have automatically adapted to the shift in consumer, business and criminal behavior. It is our continued focus to deliver industry-leading, fraud and anti-money laundering solutions to our customers and partners.
“We are grateful to our existing investors for continuing to invest in our growth and we are delighted to welcome Merian Chrysalis to our investment community.”
Richard Watts, Portfolio Manager, Merian Chrysalis, commented:
“Featurespace has developed truly innovative technology and provides financial institutions with a world-class solution in the fast-growing fraud detection and prevention market. We are delighted to announce this fantastic addition to the Merian Chrysalis portfolio and we look forward to supporting the Featurespace team as they continue to grow and develop the business.”
ENDS
About Featurespace – www.featurespace.com
Featurespace™ is the world leader in financial crime risk management for fraud and Anti-Money Laundering. Featurespace invented Adaptive Behavioral Analytics and created the ARIC™ platform, a real-time machine learning software that risk scores events in more than 180 countries to prevent fraud and financial crime.
ARIC™ Risk Hub uses advanced, explainable anomaly detection to enable financial institutions to automatically identify risk, catch new fraud attacks and identify suspicious activity in real-time. More than 30 major global financial institutions are using ARIC to protect their business and their customers, including 4 of the 5 largest banks in the UK. Publicly announced customers include HSBC, TSYS, Worldpay, RBS NatWest Group, Contis, Danske Bank, ClearBank, Permanent TSB and Betfair.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200513005249/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Jumio Completes Worldwide Rollout of selfie.DONE™, Bringing Privacy-Focused Reusable Identity to EMEA29.9.2026 07:00:00 CEST | Press release
Selfie-first onboarding eliminates unnecessary ID scans for trusted users, backed by the global Jumio Identity Graph, consent-based privacy and real-time compliance Jumio, the leading provider of AI-powered identity intelligence, today announced the expansion of its reusable identity solution, selfie.DONE, across Europe, the Middle East, and Africa. This launch marks the final phase of Jumio’s selfie.DONE rollout, following successful launches in Latin America, North America, and Asia-Pacific — making true reusable identity available worldwide wherever Jumio operates. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260928989719/en/ In regulated EMEA markets, organizations face the dual challenge of eliminating onboarding friction while adhering to stringent privacy standards and regulatory frameworks, including GDPR, PSD2, AMLD, and other evolving regulatory compliance requirements. selfie.DONE addresses this challenge with a
Copeland to Showcase Solutions for Data Centers, Heat Pumps and Sustainable Refrigeration at Chillventa29.9.2026 07:00:00 CEST | Press release
Technologies designed to help customers improve efficiency, reduce emissions and address evolving cooling, heating and cold chain needs Copeland, a global leader in compression technologies and controls solutions, today announced its participation at Chillventa 2026, taking place Oct. 13-15 in Nuremberg, Germany. From growing data center cooling demands to increased adoption of heat pumps and natural refrigerants, customers across Europe are navigating rapid change. Copeland will showcase technologies designed to address the region's evolving heating, cooling and refrigeration requirements. As demand for energy-efficient cooling, electrified heating and sustainable industrial operations grows across Europe, Copeland continues to invest in the technologies, capabilities and partnerships needed to help customers navigate changing regulatory requirements and work toward their sustainability objectives. Copeland has made a series of strategic investments to support Europe's long-term energ
Lumo Art & Tech Festival Announces Full Programme, Featuring Björk29.9.2026 07:00:00 CEST | Press release
13–22 November 2026 Lumo Art & Tech festival, a new ten-day international festival exploring the intersection of art, technology and science, has announced its full programme for its inaugural edition in Oulu, Northern Finland, as part of the Oulu2026 European Capital of Culture year. Taking place across 16 cultural venues and outdoor locations, the festival brings together exhibitions, light and sound art, audiovisual performances, talks and professional events. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260928733910/en/ Björk. Credit: Vidar Logi A key highlight is an exhibition by Icelandic artist and musician Björk, opening on 13 November. Following its debut in Reykjavík, the exhibition brings three audiovisual installations to Oulu’s Pekuri Shopping Centre: Ancestress, Sorrowful Soil and Björk Orkestral. Björk will also perform a special DJ set at the new waterfront venue Tarkastamo on 15 November. The festival’s wi
Robbyant and AFDE Sign MoU to Accelerate Embodied AI and Robotics Deployment Across the Middle East29.9.2026 06:05:00 CEST | Press release
Robbyant, an embodied AI company within Ant Group, and the Arab Federation for Digital Economy (AFDE) today announced the signing of a Memorandum of Understanding (MoU) to advance the deployment, localization and commercialization of embodied AI and robotic solutions in the United Arab Emirates and the wider GCC (Gulf Cooperation Council) and Middle East markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260928241780/en/ Dr. Ayman Ghoneim and Yu Liang sign the MoU on behalf of AFDE and Robbyant The agreement was signed by Dr. Ayman Ghoneim, Assistant Secretary-General of AFDE, and Yu Liang, Head of Commercialization at Robbyant. The partnership establishes a structured mechanism to jointly advance embodied AI adoption across the Middle East, with collaboration spanning five strategic pillars. Regional deployment and commercialization: Supporting the rollout of Robbyant’s embodied AI technologies, models and robotic solu
NTT DOCOMO BUSINESS and stc group launch IoT connectivity solution for Komatsu construction equipment in Saudi Arabia29.9.2026 06:00:00 CEST | Press release
NTT DOCOMO BUSINESS, Inc. (“NTT DOCOMO BUSINESS”; formerly NTT Communications Corporation) and stc group, Saudi Arabia’s leading digital enabler, today announced the launch of an IoT connectivity solution1 for Komatsu Ltd. (Komatsu) construction equipment in Saudi Arabia, a country with specific telecommunications regulations2. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260928016604/en/ AI-generated Image of construction equipment 1. Background Komatsu’s construction equipment operates across Saudi Arabia. The company is expanding its connected services through “Komtrax3”, a telematics and remote monitoring system that wirelessly captures essential operational data from construction equipment. Through remote monitoring, data analytics, and predictive maintenance, the service offers greater visibility into equipment utilization, improving operational efficiency, and enhancing competitiveness. To support the international
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom