Brighterion was named a winner in the AI TechAward’s AI-as-a-Service category for its market-ready AI models. The AI TechAwards celebrate technical innovation, adoption, and reception in the AI, Machine Learning and Data Science industries.
“This recognition validates Brighterion’s role in continued innovation towards reducing the impact of fraud globally,” said Sudhir Jha, Mastercard Executive Vice President and Head of Brighterion. “We are incredibly honored to be recognized again for our commitment to acquirers, merchants and consumers.”
Brighterion has worked for over two decades to lead the way in using AI solutions to detect and prevent financial crime. The latest innovation, using Mastercard’s global transaction data to build market-ready AI models, broadens the model’s training from the customer’s own datasets to that of over one billion transactions per year.
Brighterion’s market-ready AI models offer powerful, scalable fraud detection solutions that are ready out of the box, deployed and operational within a matter of weeks. With a cloud-hosted, API-enabled approach, the models offer users real-time visibility into the efficacy of their fraud prevention program.
“Market-ready models are a great example of the newest AI and machine learning technologies now allowing developers, engineers and professionals to build upon the burgeoning AI/ML industry,” said Jonathan Pasky, Executive Producer and co-founder of DevNetwork, producer of the AI DevWorld conference and the 2023 AI TechAwards. “Today’s digital economy increasingly runs on systems needing increased data and intelligence. Brighterion’s win at the 2023 AI TechAwards is evidence of their leading role in the growth of the global AI ecosystem.”
To learn more about the AI TechAwards and how they are judged, visit the AI DevWorld website.