Featurespace and The Knoble partner to Combat Human Crime
The Knoble, an alliance of financial service professionals, law enforcement, regulators, and NGOs dedicated to fighting Human Crime, is proud to welcome as its newest corporate member Featurespace, the world leader in enterprise Artificial Intelligence native technology that prevents fraud and financial crime. This sponsorship brings together two organizations committed to fighting Human Crime and making a positive impact on the industry and on the lives of real people.
Ian Mitchell, Founder at The Knoble, expressed his enthusiasm, stating, “We’re excited to announce Featurespace becoming a corporate member as their goal of creating a safer environment for transactions echoes our mission of safeguarding the vulnerable in our society. By working together, we can effectively spread awareness about Human Crime to Featurespace’s vast global community in the financial services sector.”
Together Featurespace and The Knoble will increase awareness among financial institutions about the contribution they can make to eliminating Human Crimes, such as human trafficking, child sexual exploitation, elder financial exploitation, and scams that harm vulnerable individuals physically, emotionally, psychologically, and financially.
Martina King, Chief Executive at Featurespace said, “We are thrilled to be helping the Knoble to unite our ecosystem to fight Human Crime. By mobilizing together as financial service professionals, law enforcement, regulators, and NGOs, we can make tangible, long-lasting positive changes. At Featurespace, we believe in working towards a greater good. These changes affect all of us, and we are committed to playing our part.”
Mitchell stated, “We applaud Featurespace’s commitment to introducing innovative solutions that make the world a safer place to transact.”
This partnership is an excellent example of how organizations can work together to effect positive change and make a difference in the lives of vulnerable individuals. The fight against Human Crime requires a collective effort, and with Featurespace and The Knoble joining forces, we can hope to see a significant impact in the industry.
About Featurespace
Featurespace is the world leader in enterprise technology that prevents fraud and financial crime. With a mission to make the world a safer place to transact, Featurespace helps banks and financial institutions protect customers, and reduce risk and business operating costs by providing industry-leading machine learning, fraud & financial crime prevention solutions.
Featurespace invented Adaptive Behavioral Analytics and Automated Deep Behavioral Networks and is the first to profile both genuine and fraudulent behavior to identify and block criminal activity in real time. Both are patent pending technologies that are central to Featurespace’s award winning ARIC™ Risk Hub.
Featurespace was named as one of the winners of the International PETs challenge, which was convened to drive innovation in Privacy-Enhancing Technologies that reinforce democratic values and announced at President Biden’s second Summit for Democracy. In October 2023, Featurespace developed a propriety Generation AI foundation model, the World’s First Large Transaction Model, TallierLTMTM. Developed for the payment industry due to the model’s expertise in transactional data and improves Fraud Detection by up to 71%.
Over 70 direct customers and 200,000 institutions have put their trust in Featurespace’s technology including HSBC, NatWest, TSYS, Worldpay, Contis, Danske Bank, Akbank, Edenred and Permanent TSB. Founded in 2008, and headquartered in Cambridge, UK Featurespace has a team of over 400, operating globally from seven locations.
Media Inquiries
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About The Knoble
Founded in 2019 by Ian Mitchell, we are a non-profit network of financial institutions, law enforcement, financial services, and NGOs passionate about fighting Human Crime — scams, human trafficking, child exploitation, and elder abuse. Through thought-leadership projects and industry-leading initiatives, we are a network of professionals dedicated to making a difference. Join us today, apply for vetting at The Knoble.com, and receive complimentary access to The Knoble Network Member Center, where like-minded professionals join to connect and participate in roundtables, forums, and more. Reach out to Ken@theknoble.com if your organization is interested in becoming a Corporate Member or Sponsoring an Initiative.
