Axtel Chooses Neural Technolgies’ Minotaur Fraud Management Solution
Axtel, a Mexican operator, has chosen the Minotaur fraud management solution by Neural Technologies. Neural Technologies is a company that provides comprehensive risk management capability in the areas of fraud, bad debt, customer attrition and collections, from the initiation of service through to collection of payment.
Following the acquisition of Avantel by Axtel last year, Axtel’s management requested a meeting with its fraud management supplier Neural Technologies (Nt) to take the opportunity to review the latest version of Nt’s Minotaurâ„¢ fraud management solution to see how best to position it within the new Axtel business.
The meeting led to Axtel deciding to upgrade to the latest version of Minotaurâ„¢ and requesting Nt to perform a complete review of the existing configuration and potential creation of new configurations. Axtel’s stringent collection and fraud policies supported its decision to request Nt to look at losses and benefits in all areas for both Fraud and Collection-related issues.
Ian Gebbett, VP of Nt’s US & Latin American operation said, “The existing Avantel fraud configuration has proved to be very effective over the previous three years leading to fraud levels being significantly reduced. This new project comprises the integration of Axtel’s business processes, along with expansion of Minotaur’sâ„¢ configuration into Credit and Collections”.
About Neural Technologies
Formed in 1990, Neural Technologies (Nt) has built upon its foundation in research, development and consultancy in neural analysis and design, to provide quality products that increase bottom-line returns for its customers around the globe.
The company’s principal focus is based on end-to-end risk management for global telecommunications companies, financial institutions and government organisations, through its flagship product suite Minotaur™.
Corporations who have benefited from Nt’s solutions comprise GE Money, Sprint Nextel, Cingular Wireless, Telkom SA, ING Slaski, Orange, Vivatel, 02, SFR, TDC, Turkcell, Brasil Telecom, VimpelCom, DiGi Malaysia, Avantel and Digitel.
For more information, visit www.neuralt.com.
Related Articles:
- Angola Telecom Chooses ECtel Fraud Management Solution ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Management™ (IRM®) solutions for communications service providers, has told OSS News Review that Angola Telecom, the principal telecommunications company in Angola, selected ECtel’s fraud management solution to protect revenue through real-time detection and prevention of fraud losses. ECtel was selected for this project together with LR [...]...
- Vivo Chooses ECtel Fraud-Management Platform ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Managementâ„¢ (IRM®) solutions for communications service providers, recently said that Vivo, a top mobile telecom provider in Brazil, has upgraded to FraudView 8.2, ECtel’s latest most innovative fraud management system. The order was awarded to ECtel and long-term partner Bull, one of Europe’s leading integrators of [...]...
- Neural Technologies named one of Britain’s fastest growing private companies Neural Technologies has been named one of Britain’s fastest growing private companies by The Sunday Times PricewaterhouseCoopers Profit Track 100 report. The risk management software solution provider was included in the prestigious league table which features Britain’s 100 private companies with the fastest-growing profits measured over the last three years of latest available audited [...]...
- Subex to help CSPs reduce TCO for Fraud Management Subex Ltd., a leading global provider of Operations and Business Support Systems (OSS/BSS) for communication service providers (CSPs), announced the launch of Nikiraâ„¢ V7.2, the industry leading fraud management component of the ROC (Revenue Operations Center) today. The latest fraud management solution is designed to help operators reduce up to 40 percent TCO (total cost [...]...
- Vodafone Ghana Chooses XINTEC Fraud Management System Vodafone Ghana – formerly Telecom Ghana – recently announced the decision to install and operate the revolutionary lightweight fraud management platform FMSlite™ from XINTEC SA, the fast-emerging global provider of fraud, revenue assurance, and roaming solutions. The newly commercialised fraud management system will bring immediate benefits to the African network with its ability to detect [...]...
- Dealer Fraud on the Rise in the Telecom Industry Dealer fraud is on rise, according to risk management software solution provider Neural Technologies. The company reports seeing a marked increase in attempts by dealers to defraud telecommunication and pay TV companies, through scams such as identify fraud, violation of pre/post validation checks and abuse of commission/incentive schemes. Said Luke Taylor, Neural [...]...
- Sun Servers Register Record Performance in Fraud Management System Benchmark Study Subex Limited, a major global provider of Operations and Business Support Systems (OSS/BSS), has told OSS News Review that Sun Microsystems(TM) has achieved record performance in the Subex Nikira V7.0 Fraud Management System sizing and benchmarking study aimed to ascertain Call Detail Record (CDR) processing throughput with Sun servers. The benchmark performance report shows that [...]...
- Subex advocates ‘sweating the fraud management asset’ to extract maximum returns on investments Subex Limited, a leading provider of Operations and Business Support Systems (OSS / BSS) for communications service providers (CSPs) recently presented ideas for extracting the maximum efficiency from existing fraud management investments by CSPs, at the GSMA Fraud Forum held at Ascot, London, UK between January 26-28, 2010. At this forum, Subex presented on ‘Sweating [...]...
- Connectiva Signs Deal with Videotron to Combat Fraud, Revenue Leakage, Revamp Billing Verification Connectiva Systems Inc., an award-winning provider of revenue and risk management solutions, has told OSS News Review that Videotron, a leader in Canadian Telecommunications, will implement its ONEREViEWTM 5.0 platform. With Connectiva’s integrated Fraud and Revenue Management platform, Videotron can monitor traffic over its wireless, Internet, and cable services, effectively reverse and prevent revenue leakage and [...]...
- 6GMOBILE Chooses Comarch Convergent Billing Comarch, a global business solutions provider and system integrator and Tango Telecom, a leading provider of real-time charging, control and messaging solutions for mobile operators, has announced that 6GMOBILE, a Dutch mobile operator, continues its relationship with Comarch by selecting the Comarch Convergent Billing solution. The Comarch Convergent Billing which includes Comarch’s real-time Data Processing Server [...]...
