Fraud prevention News

How AI can help in the fight against fraud

Telecoms fraud is an expensive business, writes Katia Gonzalez, the head of fraud operations at BICS. According to the most recent Global Fraud Loss Survey by the Communications Fraud Control

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GDPR preparation – have you reviewed your data integration for revenue assurance and fraud management?

With just weeks before the General Data Protection Regulation (GDPR) is imposed, time is running out for communications service providers (CSPs) to ensure all their mechanisms are in place to

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Will CSPs start paying the bills?

As the PSD2 (Revised Payment Service Directive) takes effect in the EU, banks that previously had a monopoly on consumer account details will now be obligated to safely disclose that

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Signalling network presents next area of operator weakness as grey routes get locked down

Recent research from Mobilesquared reveals that operators’ failure to secure SS7 networks is costing them messaging revenue today and could see them lose share of the two factor authentication market

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Mobile banking is shifting gears with PSD2

Mobile devices are the backbone of digital transformation, enabling new innovations such as smart cities and connected cars but they are also the backbone of disruption in the digital banking

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KPMG warns of ‘technology-savvy’ wolves in sheep’s clothing, calls for integrated cyber security and fraud controls

According to KPMG’s latest UK Fraud Barometer, 2016 saw a rise in cyber-enabled fraud. This is an increase of 1,266% on 2015 figures. Amid growing sophistication by fraudsters, Jeremy Cowan

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Countries with most mobile fraud attacks identified in Syniverse report

Brazil, the U.K. and Mexico have been identified as the top three home countries affected by mobile fraud attacks in a new report published by Syniverse. The report uncovered that

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Starhome Mach addresses roam-like-home implications

Starhome Mach, a provider of  mobile inter-carrier roaming and M2M/IoT services, recently analysed the implications of the new EU regulations eliminating communications service providers’ (CSPs) ability to charge for roaming

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SIM Box fraud and OTT bypass biggest revenue threats, says Revector

Mobile network operators have lost 20% of termination revenues to over-the-top (OTT) hijack in the last 12 months on average, with some operators losing more than 70%, according to a

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Grey market creates US$15bn black hole in operator A2P messaging revenues

More than half of the world mobile operators are losing more than half of their potential revenue from enterprise application to person (A2P) SMS traffic which bypasses network charging by

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