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Fraud Management
Fraud Management
Fraud Management is an increasing issue. Annual fraud losses in the Telecommunications industry are estimated to be more than $40 billion worldwide. On top of this, 80% of all Telecom companies have stated that global fraud losses are still increasing.
REDUCING FRAUD THREAT
MACH provides a range of fraud management solutions including :
Click on the links above to find out more.
Fraud Management - Professional fraudsters have turned their attention to mobile roaming because it is so easy to set up premium rate services with an operator. Fraudsters increasingly have the resources to set up a network of different accounts and services with the aim of using them non-stop until the service is blocked. Alternatively, they can establish and operate a network of telecom services with the sole purpose of utilising the entire telecom billing infrastructure to drain mobile operators of their profits.
A best-in-class fraud protection system must instantly make the distinction between good customers with heavy usage and fraudulent behavior. It must minimise false alarms while identifying fraud that occurs beneath thresholds. Above all, it must protect operators from serious financial loss and preserve their reputation among roaming partners.
