Brighterion
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| File:Brighterion logo.jpg | |
| Company type | Public |
|---|---|
| Industry | Artificial intelligence software, software |
| Founded | 2000 |
| Headquarters | San Francisco, California |
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| Products | |
| Services |
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| Website | www |
Brighterion (est. in 2000) is an artificial intelligence company owned by Mastercard. Brighterion is headquartered in San Francisco, CA with a Canadian office in Vancouver, BC. The company delivers an artificial intelligence and machine learning platform that provides real-time intelligence from any data source, regardless of type, complexity, or volume.
Brighterion has been cited by analysts for its advanced scalability.[1] Brighterion is best known for its fraud prevention solutions, notably with Mastercard and Worldpay, and 74% of the top 100 U.S. banks. The company also offers credit risk and delinquency solutions,[2] and detection of fraud, waste and abuse for the healthcare sector.[3]
History
Brighterion was founded by Dr. Akli Adjaoute in 2000 and acquired by Mastercard in 2017.[4]
In 2002, Raymond Kendall, a three-time Secretary-General of Interpol joined the company as its chairman. Since the founding of Brighterion, the core technology was adapted and improved for real-time applications in the fields of homeland security, payment, compliance, IoT, healthcare, and marketing.
In September 2019, Sudhir Jha was named Head of Brighterion.[5] In June 2020, Sudhir Jha was named to the Constellation Research Business Transformation 150 (BT150) for 2021.[6]
Brighterion has received multiple awards including: the Payment Security Excellence Award, the 2017 Cool Vendor by Gartner, Inc.[7] the Morgan Stanley Fintech Award[8][9] and in 2019 was named Most Scalable Platform by Aite Group in its report, AIM Evaluation: Fraud and AML Machine Learning Platform Vendors.[10] In October 2019, Brighterion received “Best Use of Payments Data or AI in Financial Services” at the Emerging Payments Association Awards, London, UK.[11]
Brighterion holds several patents.[12]
References
- ^ AIM Evaluation: Fraud and AML Machine Learning Platform Vendors (Report). Retrieved 2020-08-10.
- ^ PYMNTS (2020-01-13). "Using AI to Keep Issuers on the Right Side of Credit Risk". PYMNTS.com. Retrieved 2020-08-13.
- ^ PYMNTS (2020-03-02). "Mastercard: Using AI To Cure Healthcare's $240B Fraud, Waste And Abuse Problem". PYMNTS.com. Retrieved 2020-08-13.
- ^ "Mastercard Enhances Artificial Intelligence Capability with the Acquisition of Brighterion, Inc". Retrieved 2018-09-05.
- ^ PYMNTS (2019-09-26). "Unlocking Full Potential Of AI Now, In Future". PYMNTS.com. Retrieved 2019-09-26.
- ^ "Constellation Research Reveals 2021 Business Transformation 150". Retrieved 2020-08-10.
- ^ "Cool Vendors in Identity and Fraud Management, 2017". Retrieved 2018-09-05.
- ^ "Morgan Stanley Recognizes Brighterion with Fintech Award at Firm's Annual Fintech Summit 7". Retrieved 2018-09-05.
- ^ Tom Groenfeldt (2017-11-20). "Brighterion's Artificial Intelligence Software Wins Morgan Stanley's First Fintech Award". Forbes. Retrieved 2018-08-09.
- ^ "AIM Evaluation: Fraud and AML Machine Learning Platform Vendors | Aite Group". aitegroup.com. Retrieved 2019-09-26.
- ^ "Banking Circle and Konsensus Crowned Winners at the Emerging Payments Awards 2019". thepower50.com. Retrieved 2019-10-17.
- ^ "Brighterion's patents". Retrieved 2018-09-05.