Brighterion's iPrevent(TM) Receives the Prestigious Award as the Winner of Fraud Innovation Solutions

Brighterion's patented technologies surpass the competition to lead the industry and set a new standard for fraud prevention.

SAN FRANCISCO and PARIS, March 26 (AllPayNews.com) -- Tuesday, March 24, 2009, marks the inaugural award ceremony at the Pay Forum in Paris announcing the 2009 leaders in payments innovation solutions.

iPrevent(TM), Brighterion Inc.'s leading enterprise-wide fraud prevention and abnormal behavior detection software, was named the recipient of the award for their outstanding innovation in fraud prevention solutions. Brighterion was awarded this honor during the Publi-News Pay Forum, the annual European conference that illustrates current innovations in the financial industry. Brighterion's ten advanced technologies surpassed the competition illustrating their outstanding ability to lead the industry in innovative solutions. "The award was an honor to receive at the Pay Forum," said Lucien Bourely, COO of Brighterion. "We have made it our goal to constantly be the leader in fraud innovation solutions, thus, allowing our customers to reduce their losses due to fraud, increase their profitability and protect their brand."

The award bestowed was the most recent addition to Brighterion's distinctions. Brighterion was selected for their unique innovation, advanced technologies, product design, customer benefits, efficiencies, ease of implementation and their products self adapting capabilities. Receiving the award illustrated the unique capabilities that Brighterion's fraud prevention product, iPrevent(TM), demonstrates. iPrevent(TM) combines ten advanced technologies that adapt to changing fraud patterns and anticipate fraud before it occurs and becomes a financial loss. In addition to stopping the first fraud, businesses also are able to reduce false positives and identify suspicious behaviors in real time.

About Brighterion:

Brighterion Inc., founded in 2000, is the leading provider of enterprise-wide fraud prevention and abnormal behavior detection software for financial services (fraud on credit and debit cards, checks, etc), delinquency prediction, retailers, insurance, healthcare, telecommunication, Defense and Homeland Security and e-commerce industries. Brighterion's patented solutions enable its customers to increase profitability, control risk, and improve customer relationships. The core technology behind Brighterion represents more than 500 person/years of development which started in 1991.

In addition to iPrevent, Brighterion offers iProtect(TM), an advanced solution for money laundering detection.

For more information please visit www.brighterion.com

About the Publi-News Pay Forum Oscars:

Pay Forum is organized by Publi-News, the Paris based leading press and communication group, with the sponsorship of MasterCard, Sopra Group and Galitt.

SOURCE Brighterion Inc.