Why you can never do enough to prevent fraud – Martina King, CEO, Featurespace
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Show Notes
Martina King, CEO of Featurespace, discusses why fraud has been an issue since the dawn of humanity, how the big banks are spending massive amounts on anti-fraud measures and only catching around half of all cases, and growing a company from a startup to a success story with interest from global giants.
Featurespace is an anti-financial crime startup for enterprises that analyses human behaviour to detect dangerous transactions. King, who joined the Cambridge-based firm as chief executive in 2012, discusses why financial institutions can never do enough to prevent fraud and ponders recent regulatory measures governing how finance firms should respond to cases.