Brighterion

From HandWiki

Brighterion (est. in 2000) is an artificial intelligence company owned by Mastercard.

History

Brighterion was founded by Dr. Akli Adjaoute in 2000 and acquired by Mastercard in 2017.

The company delivers an artificial intelligence and machine learning platform that provides real-time mission critical intelligence from any data source, regardless of type, complexity or volume.

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 has been adapted and improved for real-time applications in the fields of homeland security, payment, compliance, IoT, healthcare, and marketing.

Brighterion has received multiple awards including: the Payment Security Excellence Award, the 2017 Cool Vendor by Gartner, Inc.[1] the Morgan Stanley Fintech Award[2][3] and in 2019 was named Most Scalable Platform by Aite Group in its report, AIM Evaluation: Fraud and AML Machine Learning Platform Vendors[4]. In October 2019, Brighterion received “Best Use of Payments Data or AI in Financial Services” at the Emerging Payments Association Awards, London, UK. [5].

Brighterion holds several patents.[6]

In September 2019, Sudhir Jha was named Head of Brighterion[7].

[8]


References

  1. "Cool Vendors in Identity and Fraud Management, 2017" (in en-gb). https://www.gartner.com/doc/reprints?id=1-413QTFK&ct=170524&st=sb. 
  2. "Morgan Stanley Recognizes Brighterion with Fintech Award at Firm's Annual Fintech Summit 7" (in en-gb). https://www.morganstanley.com/press-releases/morgan-stanley-recognizes-brighterion-with-fintech-award-at-firm. 
  3. Tom Groenfeldt (2017-11-20). "Brighterion's Artificial Intelligence Software Wins Morgan Stanley's First Fintech Award". Forbes. https://www.forbes.com/sites/tomgroenfeldt/2017/11/20/brighterion-anti-fraud-software-wins-morgan-stanley-first-fintech-award/. Retrieved 2018-08-09. 
  4. "AIM Evaluation: Fraud and AML Machine Learning Platform Vendors | Aite Group". https://aitegroup.com/report/aim-evaluation-fraud-and-aml-machine-learning-platform-vendors. 
  5. "Banking Circle and Konsensus Crowned Winners at the Emerging Payments Awards 2019" (in en-gb). https://www.thepower50.com/banking-circle-and-konsentus-crowned-winners-at-the-emerging-payments-awards-2019/. 
  6. "Brighterion's patents" (in en-gb). https://patents.justia.com/assignee/brighterion-inc. 
  7. PYMNTS (2019-09-26). "Unlocking Full Potential Of AI Now, In Future" (in en-US). https://www.pymnts.com/news/artificial-intelligence/2019/brighterion-on-unlocking-the-full-potential-of-ais-present-and-future-for-fis/. 
  8. "Mastercard Enhances Artificial Intelligence Capability with the Acquisition of Brighterion, Inc." (in en-US). https://newsroom.mastercard.com/press-releases/mastercard-enhances-artificial-intelligence-capability-with-the-acquisition-of-brighterion-inc-2/.