Aite Report2020-06-16T10:19:34-07:00
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AI that grows painlessly to fight fraud and money laundering

Financial crime is a lucrative business for organized crime rings, terrorists, and rogue nation states. The stakes are equally high for the financial institutions, processors, retailers, and corporations that are the target of escalating attacks.

The Aite Group, a leading independent research and advisory firm focused on business, technology and regulatory issues and their impact on the financial services industry, named Brighterion the Most Scalable Platform used for anti-money laundering (AML). Analysts found Brighterion’s scalability is over twice that of its closest competitor, boasting 62,000 transactions per second (TPS) in production. Its streaming infrastructure with no underlying databases is a key driver of this impressive performance.

Machine learning (ML) platforms are an important technology that businesses are turning to in their fight against fraud and money laundering. These systems represent the next generation of detection and mitigation, and provide a way for businesses to harness one of their greatest assets—their customer data—and apply advanced analytical techniques that can evolve with the rapid pace of financial crime. Brighterion is proud to be a market leader in this industry.

Download the AITE Group Report AIM Evaluation: Fraud and AML Machine Learning Platform Vendors to learn:

  • The case for ML in external and internal fraud detection, compliance and AML
  • Key trends within the ML platform market
  • How technology is evolving to address your needs and challenges
  • Key statistics and projected spending
  • Results of interviews with more than 40 fraud and AML executives across five continents

Brighterion Named Most Scalable Platform by Aite

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AI that grows painlessly to fight fraud and money laundering

Financial crime is a lucrative business for organized crime rings, terrorists, and rogue nation states. The stakes are equally high for the financial institutions, processors, retailers, and corporations that are the target of escalating attacks.

The Aite Group, a leading independent research and advisory firm focused on business, technology and regulatory issues and their impact on the financial services industry, named Brighterion the Most Scalable Platform used for anti-money laundering (AML). Analysts found Brighterion’s scalability is over twice that of its closest competitor, boasting 62,000 transactions per second (TPS) in production. Its streaming infrastructure with no underlying databases is a key driver of this impressive performance.

Machine learning (ML) platforms are an important technology that businesses are turning to in their fight against fraud and money laundering. These systems represent the next generation of detection and mitigation, and provide a way for businesses to harness one of their greatest assets—their customer data—and apply advanced analytical techniques that can evolve with the rapid pace of financial crime. Brighterion is proud to be a market leader in this industry.

Download the AITE Group Report AIM Evaluation: Fraud and AML Machine Learning Platform Vendors to learn:

  • The case for ML in external and internal fraud detection, compliance and AML
  • Key trends within the ML platform market
  • How technology is evolving to address your needs and challenges
  • Key statistics and projected spending
  • Results of interviews with more than 40 fraud and AML executives across five continents