Awards and Recognitions

04-06 European Card Review Innovation Awards and European Payments Consulting Association
07-00 Research Institute of America
01-98 MetaGroup - Data Mining Report
01-98 Dr. Wolfgang Martin, Ph.D., First Albany Evaluation
01-98 IBM Research Triangle Park - Evaluation of Brighterion Technology

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."




Tuesday July 11, 2000
Research Institute of America

Drawn from a field of thousands of e-business experts and entrepreneurs

“BRIGHTERION selected.”

New York, July 11, 2000 -- RIA announces the most current, comprehensive and practical guide to e-business and e-commerce topics with the introduction of its newest WG&L treatise: Handbook of E-Business. Written by top experts in the field and edited by Jessica Keyes, a leading expert on competitive strategies using information technology, the Handbook of E-Business offers more than fifty chapters of analysis, advice, perspective and insights for CFOs and other senior managers to help them plan, launch and manage their organization's e-business venture.

Drawn from a field of thousands of e-business experts and entrepreneurs, only those with solid advice and a good story to tell were selected by RIA to share their insights, thoughts and ideas for this guide.



MetaGroup

Best Data Mining Technology

1998 Data Mining Report
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.





First Albany Evaluation (1998)

Drive Object Oriented one step further

MINDSUITE (Brighterion's underlying technology foundation) technologies provide a completely new and surprising approach to application development. Its non-algorithmic programming language allows users to drive one step further, and to add and unify with other approaches of applications development like constraint-based programming, rules-based expert systems, case based reasoning, neural networks, fuzzy logic, and traditional coding.
Dr. Wolfgang Martin, Ph.D.,


IBM
MINDSUITE (Brighterion's underlying technology foundation)

Very strong technically, both in its internal technology suite and in its completeness and consistency as an environment

IBM Research Triangle Park, March 1998

MINDSUITE (Brighterion's underlying technology foundation) is essentially a self-contained, multi-agent application development environment. It has several advantages and a few disadvantages from our perspective as follows: BRIGHTERION, solves problems that can't be solved easily with traditional programming techniques. These problems are in the area of AI techniques and the goal-orientation of agent "programming" (tell the agents "what", not "how"). BRIGHTERION, has been well applied to such issues of problem diagnosis, distributed systems management, real-time military logistics, and manufacturing supply chains. It contains a large set of decision technologies. This includes constraint-based, neural, case-based, fuzzy, and traditional rules all within one consistent framework for modules to call each other in intricate ways. In particular, the adaptive metacontrol engine that can dynamically and automatically select/reselect any of these technologies to suit a particular problem is the crowning "gem" of the set and of the entire BRIGHTERION design. Provides a complete development environment. The ability to attach agents to software procedures in over a dozen languages, the choice of either graphical composition or declarative scripts, and the export generation of complete agents as C++ modules shows a very mature tool focus. Technically, the only suggestion is to consider the new FIPA standards for knowledge sharing and agent communication. The KIF and KQML basis of BRIGHTERION shows it as a true multi-agent system, and inclusion of both these languages will be impressive to DARPA interests. However, even the DARPA community is now considering liaison with the Foundation for Intelligent Physical Agents, which has commercially standardized on a blend of KIF/KQML with SL/ALCOL. The syntax/grammar is more KQML-like, making it an easy port for BRIGHTERION.

In conclusion, BRIGHTERION is very strong technically, both in its internal technology suite and in its completeness and consistency as an environment.

Don Gilbert (IBM Research Triangle Park)