Playtech agrees fraud and risk management partnership with Featurespace – Featurespace

February 09, 2017

Playtech agrees fraud and risk management partnership with Featurespace

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Integrated ARIC™ technology enhances fraud detection during real-time gameplay

London: Playtech, the world’s leading gaming content and software, systems and services supplier, has agreed a strategic partnership with Featurespace, an industry leader in fraud prevention and risk management software using Adaptive Behavioural Analytics and machine learning.

The collaboration will see Featurespace’s ARIC™ technology solutions integrated into Playtech’s player management system to provide an enhanced layer of fraud and risk management tools for Playtech licensees.

Featurespace’s real-time, machine learning ARIC™ platform detects fraud and risk management anomalies in individual player behaviour, and will allow Playtech’s customers to detect any unusual activity in their player base. This will enable Playtech’s customers to strengthen their risk management, further reduce fraud losses, and increase revenue.

The partnership further underlines Playtech’s commitment to helping customers manage risk and to providing best-of-breed gaming products to its customers.

Shimon Akad, COO, Playtech, said: 

“Playtech has a proven track record in delivering the most advanced fraud prevention and risk management software and services to our licensees. We are therefore delighted to be partnering with Featurespace in order to offer our licensees access to an additional, sophisticated, best-of-breed fraud prevention solution. This arrangement further enhances our commitment to our customers and their players with the best gaming experience in the industry.”

Martina King, CEO, Featurespace, commented:

“We are proud to partner with Playtech. Both companies are committed to providing innovative solutions to the gaming sector, and this partnership will enable real-time access to an enhanced level of protection for Playtech’s customers.”

Media enquiries

For more information please contact: 

Rebecca Amos

Head of Marketing • Featurespace

rebecca.amos@featurespace.com • +44(0) 1223 345 940

Playtech plc

Mor Weizer, CEO • Andrew Smith, CFO

c/o Bell Pottinger • +44(0) 1624 645954

About Playtech

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 13 countries.

Playtech is the gambling industry’s leading software and services supplier with more than 130 licensees globally, including many of the world’s leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering includes casino, live casino, bingo, poker and sports betting.

It is the pioneer of omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.

Playtech’s Financials division operates both on a B2C and B2B basis. Its B2C focused offering is an established and growing online CFDs broker, operating the brand markets.com. Its B2B offering includes the division's proprietary trading platform, CRM and back-office systems, as well as its liquidity technology platform which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools.

www.playtech.com

About Featurespace

Featurespace™ is the world-leader in Adaptive Behavioural Analytics and creator of the ARIC™ platform, a machine learning software system developed out of the University of Cambridge.

Head quartered in Cambridge, UK, Featurespace has deployed ARIC to organisations that have services or products deployed in over 180 countries. Customers include Betfair, Camelot, William Hill, and TSYS, the largest third-party processor of Visa® and MasterCard® credit cards in the U.S.

The ARIC™ platform – a real-time, machine learning software system – monitors individual behaviours to catch new fraud attacks as they happen. The increased accuracy of understanding customer behaviour simultaneously reduces the number of genuine customers whose purchases and transactions are incorrectly declined.