Brighterion news and trends

Turning a Profit on Merchant With AI Monitoring Takes Time
Artificial Intelligence // January 17, 2022

Patience is in short supply in a lot of places these days — and the business world is no exception. It’s tough to get a company executive to wait out something to see what happens or where things go in a world that’s moving so...

Brighterion: 2021 Was the Year of Adaptability
Opinion // January 11, 2022

At a time when businesses need to be more flexible than ever, artificial intelligence may hold the key to bringing back-office functions up to speed to meet customer demand. Sudhir Jha, senior vice president and head of Brighterion, says finding the right platform partner can...

90% of Acquiring Banks Say Using AI to Monitor Merchant Transactions Boosts Efficiency
artificial intelligence // January 05, 2022

Acquiring banks that use artificial intelligence (AI) to monitor merchants on their platforms say the technology has yielded many significant benefits that help boost their businesses’ bottom lines. A new report, AI In Focus: Gaining Ground On Merchant Monitoring, a PYMNTS and Brighterion collaboration that...

How 104 Acquiring Banks Are Using AI to Beat Fraud, Boot Unprofitable Merchant Accounts
artificial intelligence // December 29, 2021

Acquiring banks face a profitability challenge: Just 53% of the merchants they have on their platforms are turning a profit. The rest of their merchant accounts often wind up losing revenues to fraud, low transaction volumes and credit losses, while others just close out before...

Interviews & Exclusives
90% of Acquiring Banks Say Using AI to Monitor Merchant Transactions Boosts Efficiency

January 05, 2022
Acquiring banks that use artificial intelligence (AI) to monitor merchants on their platforms say the technology has yielded many significant benefits that help boost their businesses’ bottom lines. A new report, AI In Focus: Gaining Ground On Merchant Monitoring, a PYMNTS and Brighterion collaboration that surveyed 104 executives from acquiring banks, found that the main […]

Banks Seek AI Platforms-as-a-Service Amid Ever-Increasing Risk

December 23, 2021
Sudhir Jha, senior vice president and head of Mastercard’s Brighterion unit, told Karen Webster in the most recent On the Agenda discussion that artificial intelligence (AI) can strengthen credit and...

60% of the Acquirers Using AI Systems to Detect Fraud Consider It Their Most Important...

December 21, 2021
The banking industry has been faster than most in adopting artificial intelligence (AI). Banks have found that AI is extremely useful in fighting fraud because it helps to flag suspicious...

Artificial Intelligence is ‘Shining Star’ in Fight Against Healthcare Payments Fraud

October 12, 2021
The healthcare industry’s fraud, waste and abuse (FWA) problem has gone from bad to worse during the pandemic, but new signs suggest the insurers and providers at the center of...

Quick Reads
Turning a Profit on Merchant With AI Monitoring Takes Time

January 17, 2022
Patience is in short supply in a lot of places these days — and the business world is no exception. It’s tough to get a company executive to wait out something to see what happens or where things go in a world that’s moving so fast all around them. That’s probably why almost one out […]

Insurance Firm Porto Seguro, Brighterion Team On Credit Risk Management

May 26, 2021
Insurance company Porto Seguro is partnering with artificial intelligence (AI) technology firm Brighterion to manage credit risk and enhance customers’ experiences, the companies said in a press release Wednesday (May...

Mastercard Acquires Brighterion To Further Expand AI Capabilities

July 18, 2017
Mastercard announced it has entered into an agreement to acquire Brighterion, Inc., a leading software company that specializes in artificial intelligence (AI). According to a press release announcing the news, this...