Case Study: TSYS achieves a 39% reduction in fraud losses with Featurespace

TSYS reduces fraud losses by 39% with Featurespace

TSYS, a leading global payment solutions provider now part of FIS, partnered with Featurespace to enhance the security of its payment technology. The challenge was to push payments technology forward by implementing smarter, more secure solutions for its clients.

Featurespace implemented its machine-learning solutions, including the TSYS Foresight Score and TSYS Smart Secure, powered by its Adaptive Behavioral Analytics engine. This allowed TSYS to score 1 billion transactions monthly and achieve a 39% reduction in fraud losses. The solution also resulted in 94.5% of transactions being frictionless, with 77.8% of challenged transactions correctly identified as fraudulent.

TSYS