-6%
40%
+15%
Telecommunications
An industry in change
A Time for Bold Decisions
The Challenge
Global telecom companies are complex organizations, responsible for everything from retailing of telecom equipment to the delivery of wireless services. Professional fraud rings can cause significant disruption to consumers with account takeovers, porting fraud, and new application fraud and consumers can cause dramatic losses through payment defaults.
The Solution
Machine learning models are expertly engineered with the nuances of the telecom industry already built in. Our comprehensive, adaptive scoring system performs a detailed analysis and delivers a single risk score, all within 500 ms.
Recommended Products & Solutions
A user-friendly case management portal that allows you to set your own rules and review transactions efficiently and accurately.
Machine learning models are expertly engineered with the nuances of your business and industry already built in.
Visualize your real-time data to extract actionable insights, isolate risk and improve your business processes.
Shield serves as your early warning system by detecting malicious bots, fraudsters and other bad actors as they arrive on your site.
Monitor third-party data sources to benchmark your company’s performance including risk intelligence on payment methods, dark web data, IPS vulnerabilities and marketing channels.
Confirm users credentials through login scoring, multi-factor authentication or out-of-band applications.
Differentiate Through AI
Telecom companies can improve their management of customer value with artificial intelligence and machine learning.
Identifying likely non-pay customers and/or fraudulent activity at acquisition creates an 8-13% reduction in losses. It also has the capacity to greatly reduce friction for the significant majority of low-risk new customers.
Operational Excellence
Differentiating your product is the most certain way to command a price premium, increase customer loyalty and protect market position. Given the #1 customer concern across all digital industries for 15 years in a row is ‘identity theft’, the obvious feature to emphasize to your customers, and value proposition to articulate, is a thoughtfully-architected and technologically-sophisticated anti-fraud system.
Fraud.net is your end-to-end fraud prevention & customer protection platform. We’ll have your enterprise up and running in a matter of weeks. or if you are looking for a singular service, you could be testing in hours.