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Fraud prevention

Mobile banking is shifting gears with PSD2 10 August, 2017

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 world, writes Howard Berg, the senior vice president and managing director for Gemalto UK. (more…)

KPMG warns of ‘technology-savvy’ wolves in sheep’s clothing, calls for integrated cyber security and fraud controls 16 February, 2017

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 hears a call for better education and integration of cyber security and fraud management measures. (more…)

Machine learning: The latest weapon in the fight against fraud 19 January, 2017

Machine learning: The latest weapon in the fight against fraud

In recent months, machine learning has become somewhat of a buzzword, with major players such as Google highlighting the positive impact it can have for businesses. (more…)

Countries with most mobile fraud attacks identified in Syniverse report 11 January, 2017

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 the top three countries where fraudulent calls originated are the US, Spain and Peru, while the country in which the most fraudulent calls terminated was […]

Starhome Mach addresses roam-like-home implications 20 December, 2016

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 within EU borders. Permanent roaming and fair use issues are expected to have the greatest effect on CSPs’ bottom lines. (more…)

SIM Box fraud and OTT bypass biggest revenue threats, says Revector 21 November, 2016

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 new survey conducted by anti-fraud specialist Revector. (more…)

Grey market creates US$15bn black hole in operator A2P messaging revenues 10 November, 2016

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 using grey routes, according to recent research from Dialogue Communications. The company’s founder and chief executive, Hugh Spear, claims operators could generate up to US$15bn […]

CSPs slow to utilise machine learning for revenue assurance, finds WeDo survey 08 November, 2016

CSPs slow to utilise machine learning for revenue assurance, finds WeDo survey

WeDo Technologies has announced the results of its revenue assurance (RA) and fraud management (FM) survey, which highlights that the telecoms industry is gradually recognising the benefits machine learning can bring to RA and FM, but reveals there is still progress to be made. (more…)

BICS launches voice roaming firewall system 20 October, 2016

BICS launches voice roaming firewall system

BICS, a global wholesale carrier for voice, mobile data and capacity services, hasannounced the launch of its Voice Roaming Firewall solution, which automatically blocks incidents of voice fraud in roaming for its customers. (more…)

Yahoo! fails to explain delayed news of 500m data hack, as questions mount on Verizon sale 24 September, 2016

Yahoo! fails to explain delayed news of 500m data hack, as questions mount on Verizon sale

Following news that internet service provider Yahoo!’s 2014 data breach was far more serious than previously thought, with more than 500 million records stolen, there has been a rush to condemn the company. But a longer term question over its sale to Verizon may be the most pressing issue for Yahoo execs, writes Jeremy Cowan. The […]

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