Global Processing Services (GPS) has partnered with Featurespace to create a fraud mitigation solution.
In Brief:
Global Processing Services is a global payments technology platform.
Featurespace is a provider of adaptive behavioural analytics for fraud detection and risk management.
The pair have developed a solution for fraud mitigation for issuer processors.
What does this mean?
The solution enables GPS to improve its existing fraud prevention capabilities for customers, working in real time to reduce the risk of fraud throughout payments journeys.