By Telecom Lead Team:
MACH, a provider of cloud-based communication services, announced that its MACH
Fraud Management Solution has been selected by a tier 1 European telecoms operator
to help drive down fraud across its fixed network.
The deal, which represents major new business for MACH in
the fraud protection space, comes just six months after MACH acquired fraud
management specialist Optel Informatik.
Once implemented, this will become the largest fraud
management system in Europe in terms of the volume of data analyzed. The
operator decided to select MACH because of its extensive experience in the
field of fraud management.
MACH Fraud Management Solutions will analyze data from
around 2.5 billion transactions per day across more than 60 million
subscribers. The tier 1 operator will benefit from near real-time alerts on
potential fraudulent behavior, allowing it to react quickly to fraud risks.
MACH‘s advanced signaling
analysis technology, in combination with high speed processing of event data
records, enables operators to react to suspicious activity almost as soon as it
happens.
MACH Fraud Management Solution is suitable for all types
of communications services and networks, including mobile, fixed, cable and IP
networks. It provides a simple user interface, flexible data integration,
intelligent fraud protection policies and 24×7 case management.
MACH recognizes that the reduction of fraud on
networks remains high on the agenda for operators across the world. This
major customer win is a milestone for our domestic fraud management service,
demonstrating that we have the capabilities to successfully undertake one of
the largest projects of its kind in Europe,” said Joseph
George, director Product Management, Fraud and Revenue Assurance, MACH.
editor@telecomlead.com
