• Log in
  • About Us
  • Privacy Policy
  • Contact us
Telecoms IT News - VanillaPlus
  • Home
  • News
  • Verticals
    • 4G
    • 5G News
    • Big data analytics
    • Bill & Charge
    • CEM
    • Companies
    • Digital transformation
    • Fraud prevention
    • Managed services
    • Network optimisation
    • NFV Hub
    • OSS
    • People
    • Policy
    • Revenue assurance
    • Revenue management
    • Service assurance
    • Service Provisioning
    • Test & measurement
  • Digital Edition
  • Events
    • Events diary
    • Webinars
  • Videos
  • VP Featured
    • Webinars
    • Podcast
    • Editorial advisory board
    • Expert opinions
    • Hot List
    • Operator View
    • Press releases
    • Reports & whitepapers
    • Special reports
    • Talking Heads
    • Troubleticket
    • Digital Talking Heads
  • Directory
  • Trending Tech
  • Subscribe
 

You are here:

  • Home
  • Companies
  • New fraud management system auto-connects to RAG’s Wangiri fraud intelligence exchange

New fraud management system auto-connects to RAG’s Wangiri fraud intelligence exchange

07 May, 2020 at 6:48 AM

Posted by: Anasia D'mello

New fraud management system auto-connects to RAG’s Wangiri fraud intelligence exchange
Martin Laesch of Neural Technologies

Neural Technologies, an international provider of revenue protection, digital transformation and data analytic solutions to the telecommunications industry, has integrated its Optimus Fraud Management System (FMS) with the blockchain that powers RAG‘s Wangiri fraud intelligence exchange.

As a consequence, all communication service providers (CSPs) using Optimus fraud management will be able to add and retrieve information about Wangiri fraud attacks to and from this comprehensive, real-time fraud database.

As a partner member of the RAG Wangiri blockchain consortium, Neural Technologies will provide its customers with easy access to the distributed and secure blockchain ledger of fraudulent Wangiri calls dialed worldwide. CSP’s across the world have already joined the consortium. Giving CSPs access to the consortium ledger via one of the industry’s most popular fraud management systems will further accelerate the adoption of this vital anti-fraud collaboration.

Martin Laesch, CTO of Neural Technologies, explains why they enhanced Optimus to make it even simpler for CSPs to share what they know about Wangiri fraud. “By integrating our award-winning Optimus solution with the Wangiri fraud intelligence exchange, we can offer effective communication which assures the revenue protection of several leading CSPs at low cost. By debuting the implementation of our innovation through a network of organisational synergy such as the blockchain consortium, the movement towards full-coverage security can be driven at a much faster pace.”

“This will accelerate the protection rate of key players, allowing us to better achieve our goal of reinforcing business security as efficiently as possible,” Laesch adds. “With many customers already interested in our solution, we are glad to be able to pioneer the integration effort to boost ecosystem security and stability. Further, we are pleased to help RAG, and the industry to continue to innovate and fight fraud globally.”

Eric Priezkalns, chief executive of RAG, comments: “We are grateful to Neural Technologies for giving such a high priority to integrating Optimus fraud management with the RAG Wangiri blockchain, and thus facilitating their customers in joining this rapidly growing initiative. Neural Technologies have a peerless reputation for the technical excellence of their products, and they also possess a long track record of working with CSPs to combat fraud.

The value they see in making the RAG Wangiri blockchain easily accessible to their customers is validation of an initiative that sought to use new technology to enable anti-fraud cooperation between CSP’s and vendors on a scale we have not previously seen.”

“Neural Technologies has been a loyal supporter of RAG’s non–profit work, so we had high hopes about their joining the RAG Wangiri blockchain consortium. However, the speed with which they have connected their fraud management product has exceeded our most optimistic forecasts.

This demonstrates the quality of their engineering team, and their commitment to dealing with a wave of fraud that causes a great deal of harm to CSP’s and customers alike. We are thrilled to have Neural Technologies as partners in our efforts to put Wangiri fraudsters out of commission,” concludes Priezkalns.

Comment on this article below or via Twitter: @VanillaPlus OR @jcvplus


category: Companies, CSPs News, Digital transformation, Fraud, News, People, Security, Telecoms

Tags: Martin Laesch, Neural Technologies, RAG

VanillaPlus Q4 Magazine
 

VanillaPlus Issue 4 2022: CSP focus turns to generating revenue from enterprises

As 5G arrives, private networks start to gather momentum and new applications enabled by artificial intelligence (AI), machine learning and software-based network control transform telecoms. VanillaPlus caught up with Sam Barker, the head of analytics and forecasting at Juniper Research, to understand where the opportunities lie for communications service providers (CSPs).

READ NOW

Comments are closed.

  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
  • Subscribe
Relax time
Read the new novel by J.J. Cowan on Africa’s conflict minerals trade and forced labour. 5* Reviews on Amazon.co.uk Paperback & Kindle

Check out on Amazon

X

Be the first to know!

  • The top telecom IT news stories of the minute
    in your inbox
  • Exclusive offers for entry into hundreds of
    events worldwide
  • Free access to a huge selection of the latest
    analyst reports and whitepapers
Subscribe now so you don't miss out
Don’t show me this again
Please check your email
x
Vanillaplus - The Global Voice of Telecoms IT
The Global Voice of Telecoms IT

VanillaPlus is the world-leading resource covering digital transformation for the communications industry. VanillaPlus brings you exclusive News, Expert Views, and Event Reviews. See Interviews from CEOs, CTOs, and COOs who are successfully transforming their business today.

Connect

Facebook Twitter YouTube LinkedIn

NEWS

  • Latest Telecoms IT news

DIGITAL EDITION

  • Latest Editions

OTHER

  • Newsletters [Archive]

KNOWLEDGE CENTRE

  • Webinars
  • Special Reports
  • Talking Heads
  • Editorial Advisory Board

COMPANY

  • About
  • Contact Us
  • Terms & Conditions
  • Privacy Policy

PARTNERS

  • IoT News

© 2014-2022 VanillaPlus - The global voice for telecoms IT. All rights reserved.