Brighterion: Difference between revisions
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'''Brighterion''' is a [http://www.corp.delaware.gov/default.shtml Delaware Corporation] headquartered in [[San Francisco]], [[California]] that offers a full suite of software products for [[Real-time]] fraud prevention ([[Acquirer]], Issuer, Prepaid, [[Credit card]], [[Debit card]], Corporate, checks, delinquency Prediction, Retailers, [[Health care]], [[Insurance]], [[Mobile payments]], etc), [[Homeland security]] intelligence and [[Regulatory compliance]] solution<ref name="bloomberg">[http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=2455353 Bloomberg/Business Week]</ref>. |
'''Brighterion''' is a [http://www.corp.delaware.gov/default.shtml Delaware Corporation] headquartered in [[San Francisco]], [[California]] that offers a full suite of software products for [[Real-time]] fraud prevention ([[Acquirer]], Issuer, Prepaid, [[Credit card]], [[Debit card]], Corporate, checks, delinquency Prediction, Retailers, [[Health care]], [[Insurance]], [[Mobile payments]], etc), [[Homeland security]] intelligence and [[Regulatory compliance]] solution<ref name="bloomberg">[http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=2455353 Bloomberg/Business Week]</ref>. |
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The company has won enterprise wide acclaim for its technology leadership from publications such as Warren, Gorham & Lamont (a unit of RIA), The Nilson Report (the leading publication covering payment systems worldwide)<ref name="nilson">[http://www.brighterion.com/BrighterionWP.pdf The Nilson Report]</ref>, and recently received the Fraud Innovation World Series Award for Most Innovative Fraud Solution by the EPCA<ref name="EPCA" />. Additionally, iPrevent received the 2006 Payment Security Product Excellence Award and the Best Analytical Solution Award by The Meta Group (acquired by Gartner Group)<ref name="company">[http://www.brighterion.com/company Brighterion Company]</ref>. |
The company has won enterprise wide acclaim for its technology leadership from publications such as Warren, Gorham & Lamont (a unit of RIA)<ref name="WGL">[http://www.brighterion.com/PDFArticles/WGL.pdf Warrn, Gorham & Lamont]</ref>, The Nilson Report (the leading publication covering payment systems worldwide)<ref name="nilson">[http://www.brighterion.com/BrighterionWP.pdf The Nilson Report]</ref>, and recently received the Fraud Innovation World Series Award for Most Innovative Fraud Solution by the EPCA<ref name="EPCA" />. Additionally, iPrevent received the 2006 Payment Security Product Excellence Award and the Best Analytical Solution Award by The Meta Group (acquired by Gartner Group)<ref name="company">[http://www.brighterion.com/company Brighterion Company]</ref>. |
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More than 100 prestigious banks and processors use iPrevent worldwide; in the USA, Europe, Asia and Latin America. |
More than 100 prestigious banks and processors use iPrevent worldwide; in the USA, Europe, Asia and Latin America. |
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Revision as of 00:06, 10 December 2010
| File:Brighterion logo.png | |
| Industry | Real-Time Acquirer/Issuer Fraud Prevention Homeland Security Intelligence KYC and AML Regulatory Compliance Solution |
|---|---|
| Founded | April 2000 |
| Headquarters | San Francisco, California, United States Paris, France |
Area served | Worldwide |
Key people | Raymond Kendall (Honorary Secretary General of Interpol) ( Executive Chairman) Dr. Akli Adjaoute (Chief Executive Officer) Shlomo Elbaz ( VP Business Development) Lucien Bourely (Chief Operating Officer) Christine Krenzel (Chief Financial Officer) |
| Products | iPrevent, iProtect, iComply, iSupervise |
| Website | Brighterion.com |
Brighterion is a Delaware Corporation headquartered in San Francisco, California that offers a full suite of software products for Real-time fraud prevention (Acquirer, Issuer, Prepaid, Credit card, Debit card, Corporate, checks, delinquency Prediction, Retailers, Health care, Insurance, Mobile payments, etc), Homeland security intelligence and Regulatory compliance solution[1].
The company has won enterprise wide acclaim for its technology leadership from publications such as Warren, Gorham & Lamont (a unit of RIA)[2], The Nilson Report (the leading publication covering payment systems worldwide)[3], and recently received the Fraud Innovation World Series Award for Most Innovative Fraud Solution by the EPCA[4]. Additionally, iPrevent received the 2006 Payment Security Product Excellence Award and the Best Analytical Solution Award by The Meta Group (acquired by Gartner Group)[5].
More than 100 prestigious banks and processors use iPrevent worldwide; in the USA, Europe, Asia and Latin America.
Brighterion holds several patents for fraud/abnormal behavior prevention and detection.[6][7]
Brighterion has recently released version 4.5 of its iPrevent software that is used for real-time Acquirer/Issuer fraud prevention[8].
History
Brighterion was founded in April of 2000 and is headquartered in San Francisco, California with offices in Europe. Brighterion's core technology is based on MindSuite which is represented by more than 15 years of development in artificial intelligence and mathematics. MindSuite has been used in several different fields of application, including financial services, military, etc.
Brighterion also offers solutions in healthcare fraud, national/international compliance, anti-money laundering, and defense and homeland security.
In 2007, MasterCard WorldWide became a partner of Brighterion[9] .
Products
iPrevent
iPrevent is a Fraud/Abnormal Behavior Detection and Predictive Risk Management Solution. iPrevent integrates ten artificial intelligence technologies such as SMART Agents, Data Mining, Neural Networks, Business Rules, Fuzzy logic, Genetic Algorithm, Constraint programming, Case-based Reasoning into one unified product[10]. iPrevent works in Real-time in the fields of fraud prevention, compromised account detection and delinquency prediction for Financial Services( Acquirer Fraud, Issuer Fraud, Prepaid, Credit, Debit, Corporate, Checks), Retailers, Healthcare, Insurance and Mobile Payments [11].
iProtect
iProtect is a real time decision-support engine that can combine data from many sources to threat assessment and allows early detection of potential terrorist threats. iProtect uses inferential reasoning to classify entities such as people and organizations and portray suspected associations between these entities. iProtect can be used in the fields of homeland security and defense [11].
iComply
iComply is a browser-based web service that allows financial institutions and other regulated companies to identify their clients against the world's compliance lists. iComply's Anti-Money Laundering module is used for monitoring and reporting suspicious activities[11].
iSupervise
iSupervise is a browser-based decision management software (DMS) that can be used in real-time or batch mode for enterprise-wide investigation[11].
Awards and Recognition
Brighterion has received many awards and recognitions for its products including:
- Winner in the Fraud Innovative Solutions from the Publi-News Pay Forum [12][13][14]
- Gold Award (First Prize) for the Most Innovative and Cost Effective Payments Solution from the European Payments Consulting Association[12][4]
- Best Analytical Solution and Best Data Mining Technology from the MetaGroup (Acquired by Gartner)[12]
Technology
Brighterion utilizes the follow Artificial Intelligence Technologies in its products[15]: