Brighterion's  iPrevent receives the prestigious award as the winner of fraud innovation solution. Brighterion's Patented Technologies Surpass the competition to lead the industry and set a new standard for fraud prevention solution. San Francisco, USA and Paris, France, Tuesday, March 24, 2009. Tuesday, March 24, 2009, marks the inaugural award ceremony at the Pay Forum in Paris announcing the 2009 leaders in payments innovation solutions. Brighterion Inc.’s leading enterprise-wide fraud prevention and abnormal behavior detection software, was named the recipient of the award for their outstanding innovation in fraud prevention solutions. Brighterion was awarded this honor during the Publi-News Pay Forum, the annual European conference that illustrates current innovations in the financial industry. Brighterion’s ten advanced technologies surpassed the competition illustrating their outstanding ability to lead the industry in innovative solutions. “The award was an honor to receive at the Pay Forum,” said Lucien Bourély, COO of Brighterion. “We have made it our goal to constantly be the leader in fraud innovation solutions, thus, allowing our customers to reduce their losses due to fraud, increase their profitability and protect their brand.”             The award bestowed was the most recent addition to Brighterion’s distinctions. Brighterion was selected for their unique innovation, advanced technologies, product design, customer benefits, efficiencies, ease of implementation and their products self adapting capabilities. Receiving the award illustrated the unique capabilities that Brighterion’s fraud prevention product, iPrevent™, demonstrates. iPrevent™ combines ten advanced technologies that adapt to changing fraud patterns and anticipate fraud before it occurs and becomes a financial loss. In addition to stopping the first fraud, businesses also are able to reduce false positives and identify suspicious behaviors in real time.

Brighterion's iPrevent receives industry award as the most innovative solution.

San Francisco, USA and Amsterdam, Netherlands, April 05, 2006

iPrevent™, Brighterion's leading fraud prevention solution, has won a Gold award (First Prize) for the most innovative and cost effective payments solution. The award was bestowed by the European Payments Consulting Association (EPCA) and European Card Review Innovation Awards. The award ceremony was held at the EPCA Conference held in Amsterdam this week.

The EPCA panel of consultants judged entries on their outstanding contribution to Europe's payments business during 2005. They assessed entries against a number of performance criteria including innovation, design, customer benefits, efficiencies, value for money, ease of implementation and marketing and promotion.

iPrevent's fraud management solution presents a new approach to fighting fraud. It combines several advanced artificial intelligence technologies with 'smart agents' that respond dynamically to changing fraud patterns and anticipates them before they occur. In predicting critical cases of first fraud and self-adapting to changing fraud patterns, financial institutions, processors and merchants will be able to anticipate future fraud before it becomes a cost factor. With iPrevent's self-adapting capabilities, payment businesses also benefit from highly customized fraud prevention models specific to their region and business operation. In addition to reductions in first fraud, businesses will also be able to reduce false positives, identify suspicious behavior in real-time, and reduce fraud management overhead.

Brighterion customers are seeing substantial reductions in losses due to fraud and an increase in profitability and better customer relationships.

Commenting on the award, Lucien Bourely, Global Chief Operating Officer of Brighterion states, “We're striving to work with the industry in setting a new industry standard for fraud prevention. Today's award is a fine recognition not only for the work undertaken by the global team within Brighterion, but more importantly from partners working with us on iPrevent implementation projects around the world. Together we're striving to make innovation the driver of our combined success. As fraud continues to affect businesses at every point in the transaction lifecycle, Brighterion is a leader in the innovation and we are proud that Brighterion can offer the first dynamic solution for real-time fraud prevention in electronic transaction environments."

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Next generation...agents will use knowledge gained from historical, post-processing of data, and active learning in real-time, to provide proactive response to customer demand. BRIGHTERION, is the current leader in this area.