Could adaptive AI have curtailed $6B in merchant and transaction-level fraud?

2020-09-18T18:09:08-07:00September 3rd, 2020|

Acquirers lost $6 billion to merchant and transaction-level fraud in the U.S. in 2019, with an additional $443 million lost to false declines. Amidst a challenging year for [...]

Brighterion and Aite Group to discuss credit risk and delinquency at the first virtual LendIt Fintech USA conference

2020-09-03T12:13:55-07:00September 1st, 2020|

With rising delinquencies and increased financial fraud resulting from the pandemic, LendIt Fintech USA 2020 will be rich with content. Noted conference speakers, such as Mastercard’s Amyn Dhala, [...]

The latest Unlocking AI playbook reveals AI growth in credit risk and payment services

2020-05-13T10:49:29-07:00May 13th, 2020|

Consumer debt reached $4.15 trillion in 2019 and anti-fraud professionals have seen a 64% increase in online retail fraud in the first four months of 2020. With risk [...]

Unlocking AI playbook reveals AI use by FIs up 70% in just over a year

2020-04-22T15:09:11-07:00March 26th, 2020|

Financial institutions are grappling with increasingly clever fraud schemes while still needing to provide seamless customer experiences. PYMNTS followed up on their 2018 interviews with 150 executives of leading [...]

Credit risk management is making headline news, but AI can help

2020-05-06T13:48:48-07:00February 13th, 2020|

Financial headlines this week are reporting credit risk management concerns from the Federal Reserve’s latest Shared National Credit (SNC) Program review. Several credit card issuers report increased charge-off [...]

Credit risk: how lenders are using AI to see into the future (and prevent credit delinquency)

2020-05-06T13:50:28-07:00January 14th, 2020|

Consumer debt and credit delinquency rates are trending up—posing a dramatically increased risk for lenders. U.S. household debt is on the rise and credit delinquencies are following suit. [...]

Brighterion receives “Best Use of Payments Data or AI in Financial Services” at Emerging Payments Awards

2020-02-28T19:13:36-08:00October 11th, 2019|

Brighterion is honored to receive an award from the Emerging Payments Association recognizing our innovative AI technology When the Emerging Payments Association makes its shortlist of award nominees, [...]

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