
Introducing the world’s first Large Transaction Model, created for data scientists, to protect consumers.
Vendor
Featurespace
Company Website
Game-changing innovation. Generative AI for good.
Introducing the world’s first Large Transaction Model, created for data scientists, to protect consumers.
TallierLTM™ a new breakthrough in AI technology
A large-scale, self-supervised, pre-trained model designed to power the next generation of AI applications for the financial services and payments industries. Set to revolutionize the industry, TallierLTM™ gives data scientists working in fraud and financial crime prevention access to the first generative transaction model. Against a backdrop of increasingly sophisticated fraud attacks, TallierLTM™ has been trained on billions of transactions and is already providing an improvement in Fraud Detection of up to 71% against industry standard models. Built on the foundations of AI for Good, TallierLTM™ protects consumers and makes the world a safer place to transact.
What OpenAI LLMs has done for language, TallierLTM™ will do for payments
The Problem
Global losses from card fraud are expected to total $397.4 billion over the next 10 years, with $165.1 billion of those losses happening in the U.S. Amidst these losses, 70% of financial institutions in North America consider fraud and financial crime attacks to be getting worse.
The Solution
Simply by adding TallierLTM™’s feature vectors to the inputs of an industry-standard fraud model, fraud value detection has increased up to 71% when compared to industry standard models operating at an industry-typical 5:1 False Positive Ratio.
The Opportunity
Register your interest in being an early adopter.
Pre-trained. Self-supervised. Pioneering.
TallierLTM ™ has been pre-trained across billions of transactions using a self-supervised approach, making it highly accurate and representative of real-world consumer transactions. Spanning jurisdictions and market segments, TallierLTM™ identifies hidden transactional patterns undiscoverable using current industry methods, enabling it to generate likely future consumer transactions. “What OpenAI’s LLMs have done for language, TallierLTM™ will do for payments” – Dave Excell, Founder, Featurespace