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1 March, 2019 - 13:02 By Tony Quested

Featurespace triples Atlanta headcount and takes US by storm

Cambridge fraud busting technology business Featurespace has tripled headcount at its young Atlanta office in the US in less than 18 months. By Q4 it will have 40 people as opposed to the four who launched the base. The company has also now appointed Laura Gibson as US director of operations to support ongoing international expansion for the UK enterprise.

She will not only support its growth initiatives but also development of client support teams in North America.

CEO Martina King said Featurespace had received a terrific reception and demand for its technology since setting up in Georgia.

Based on Cambridge University IP, Featurespace has become a leading machine learning Adaptive Behavioural Analytics fraud and risk management company globally.

Gibson has a stellar CV and has had more than 13 years’ experience in the financial services industry; she previously served as IT Program Director at Charlotte, N.C.-based Ally Bank, project manager at Wells Fargo and technology project analyst at Bank of America. 

Her experience includes strategic program development and the implementation of multi-channel IT solutions, with a focus on profitability and revenue growth.

Featurespace became the first machine learning company in Atlanta after expanding from the UK in late 2017. Since that time, it has more than tripled its US team of financial services and technology experts, data scientists and engineers.

Martina King said: “To be heading for 40 staff before the end of the year is a phenomenal show of faith in our technology by American customers. It utterly vindicates our decision to establish a presence there to open up new US and global business.

“Our successful expansion is attributed to attracting the most qualified individuals who embrace our mission to deliver unsurpassed levels of fraud and risk detection to our clients around the globe.

“We're delighted to welcome Laura to the Featurespace team. Her rich experience in banking technology operations adds to an already-impressive array of competencies and facilitates the continuity of our international growth.”

This year, Featurespace announced the completion of a $32.3 million funding round and an expansion into Singapore. Its ARIC™ Fraud Hub is deployed in financial institutions globally where it risk scores more than 50 billion transaction and account interactions for its clients, which include TSYS, Worldpay and 17 banks in the US, UK and Latin America.

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