Case Study: Enfuce achieves 98% fraud detection with Featurespace

Enfuce achieves 98.16% fraud detection with Featurespace

Enfuce, a European card issuer and payment processor, faced the challenge of protecting its rapidly growing platform and the many new payment brands it serves from fraud. To build essential customer trust and loyalty in a hyper-competitive industry, Enfuce needed a scalable and adaptable risk solution. They implemented the Featurespace Platform to address this challenge.

Featurespace provided a solution that matched Enfuce's scale without throttling transactions. The platform supported all payment types, reduced false positives to maintain customer experience, and enabled faster client onboarding through its multi-tenancy functionality. The measurable results for Enfuce include scoring over 11 million authorizations monthly, achieving a 98.16% fraud detection rate, and maintaining an average of 0.49 basis points.

Enfuce