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Brighterion, Inc
IndustryReal-Time Acquirer/Issuer Prevention
Homeland Security
National/International Compliance
FoundedApril 2000
HeadquartersSan 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)
ProductsiPrevent, iProtect, iComply, iSupervise
WebsiteBrighterion.com

Brighterion is a | Delaware Corporation headquartered in San Francisco, California that offers a full suite of software products for real-time fraud prevention, national/international compliance and homeland security intelligence[1].

The company has won enterprise wide acclaim for its technology leadership from publications such as Warren, Gorham & Lamont, a unit of RIA, and recently received the Fraud Innovation World Series Award for Most Innovative Fraud Solution[2]. Additionally, iPrevent received the 2006 Payment Security Product Excellence Award and the Best Analytical Solution Award by The Meta Group (acquired by Gartner Group)[3].

Brighterion also holds several patents for fraud/abnormal behavior prevention and detection.[4][5]

Brighterion has recently released version 4.5 of its iPrevent software that is used for real-time fraud prevention and detection[6].

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[7] .

Brighterion has also previously partnered with Oasis Technology[8]

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, Case-based Reasoning into one unified product[9]. 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 [10].

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 [10].

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[10].

iSupervise

iSupervise is a browser-based decision management software (DMS) that can be used in real-time or batch mode for enterprise-wide investigation[10].

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 [11][12][13]
  • Gold Award (First Prize) for the Most Innovative and Cost Effective Payments Solution from the European Payments Consulting Association[11][2]
  • Best Analytical Solution and Best Data Mining Technology from the MetaGroup (Acquired by Gartner)[11]

Technology

Brighterion utilizes the follow Artificial Intelligence Technologies in its products[14]:


References

  1. ^ Bloomberg/Business Week
  2. ^ a b EPCA
  3. ^ Brighterion Company
  4. ^ Patents
  5. ^ Patents
  6. ^ PR News Wire
  7. ^ Bruce Rutherford
  8. ^ Oasis
  9. ^ Brighterion Products
  10. ^ a b c d Brighterion Products
  11. ^ a b c Brighterion Awards
  12. ^ All Pay News
  13. ^ Publi-News
  14. ^ Brighterion Technology
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