News tagged: revenue assurance

27 March, 2018

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 be compliant. While previous regulations were more focused on protecting personal data and how information is stored, this new regulation takes it a step further and focuses on how personal data is actually processed. With today’s complex IT environments and cloud deployments, this is no simple task. Getting everything in place for the May deadline has become a real challenge for many CSPs, especially when it comes to ensuring their revenue assurance and fraud management solutions are compliant, writes Carlos Marques, the director of product marketing at WeDo Technologies.

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21 February, 2017

MDS expands cost analytics portfolio

MDS has launched a suite of cost efficiency analytic systems designed to help network operators and MVNOs reduce costs and improve margins by up to 15%. The company says it is helping tier one carriers in the UK and Europe and mobile operators from Singapore to Chile to target the largest costs and inefficiencies across wholesale charges, fraud, churn and revenue assurance.  (more…)

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…)

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…)

29 June, 2016

Combating VAT fraud: What Telcos can learn from RA best practices to achieve regulatory compliance

Following numerous indicators within the telecoms sector that criminals could exploit the industry to carry out tax fraud, HM Revenue & Customs (HMRC) recently switched the responsibility for collecting VAT from the suppliers of wholesale telecoms services to their customers, in an attempt to remove the opportunity for fraudsters to embezzle the tax paid. (more…)

16 May, 2016

Revenue assurance must avoid becoming a victim of its own success

Turn off RA for an hour and management will notice, turn it off for a week and the company will fail was one of the messages at the WeDo Technologies Worldwide User Group Summit (#WUGS16) in Lisbon, Portugal last week, writes George Malim in Lisbon. (more…)

11 May, 2016

US data ‘shocks’ coming, panic stations at TM Forum Live! and too much airport coffee

THE WEEK: In the first of a new series of THE WEEK columns from VanillaPlus.com, Jeremy Cowan warns there are data pitfalls ahead for the unwary working in Europe, and beartraps in partnerships close to home. (more…)

23 March, 2016

The digital world challenge: Are you ready to step up?

We live in times of disruption. Studies show that by 2020 nearly all the world’s adult population will be connected, with dozens of sensors and other connected devices per each human being. (more…)

16 March, 2016

Neural Technologies claims 100% accuracy for new Minotaur 10 revenue assurance solution

Risk management and analytics expert Neural Technologies announced the release of Minotaur 10, featuring “100% accurate real-time rating capability”. The newly released platform offers customers an enhanced value proposition with 5G and Big Data-ready functionality. (more…)

17 February, 2016

Revector partners with Neural Technologies to protect CSP revenues

Mobile anti-fraud and revenue protection specialist Revector has announced a partnership with risk management and analytics company Neural Technologies, to offer communications service providers (CSPs) an anti-fraud and revenue protection service to mitigate risk and eliminate revenue loss. (more…)