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VimpelCom Extends Fraud Management Capability with Neural Technologies Deal KaR-Tel, Kazakhstan’s second largest mobile operator, has installed Neural Technologies’ fraud management solution as part of a framework deal between Neural Technologies and VimpelCom, KaR-Tel’s parent company. VimpelCom has been successfully using Neural Technologies’ Minotaur™ solution in its Russian operations since 2002 and KaR-Tel is the first of its numerous affiliates to benefit from the increased fraud protection the solution provides. So successful has Minotaur™ been in detecting fraud on the Kazakhstan operator’s network, that it has achieved return on investment within just five weeks of operation. Andrey Maneshin, Director of Fraud Management & Revenue Assurance, for VimpelCom stated, “Minotaur™...
T-Systems and Neural Technologies Provide T-Mobile USA with Enhanced Fraud Management Solution T-Mobile USA, Inc. has contracted T-Systems North America, Inc. and Neural Technologies to provide a new fraud management solution tool to protect customer data. Neural Technologies, a provider of risk management solutions, has cooperated with T-Systems to implement their Minotaur risk management tool. T-Mobile will use the fraud management solution to automate many manual processes with state-of-the-art detection methods to react even quicker to potential fraud events. T-Mobile will be able to better identify and stop fraud either before it happens, or as soon after an anomaly or change is detected. This will result in a cost savings and increased...
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...
BTC Mobile Takes a Firm Stand Against Bypass Fraud with Neural Technologies’ Deal BTC Mobile implemented Neural Technologies’ (NT) Minotaur™ solution to enable it to tackle fraud on its network. BTC Mobile has over a million mobile subscribers. A fraud review carried out by the operator in 2006 highlighted several areas of concern, the most pressing of which was Bypass Fraud. Bypass Fraud is the illegal routing of calls in order to avoid paying interconnection fees. Legitimate operators negotiate interconnection agreements between each other that define the routes and the cost to terminate calls on their network; routing calls in a manner that avoids these agreed interconnection points is Bypass Fraud. The advent...
Neural Technologies Revenue Assurance Capability Expanded Neural Technologies (Nt) announced today the expansion of its revenue assurance offering, with the addition of Minotaur™ RA CenterView. Minotaur RA CenterView enables revenue assurance teams to ensure that: *** All revenue generated by customers and partner organizations is correctly billed or accounted for; and *** The processes designed to support the revenue assurance function are working as efficiently as possible. The solution has been designed to allow organizations to adjust the configuration themselves, without vendor intervention. This not only empowers them to respond immediately to new issues as they arise, it also reduces vendor consultancy fees. Minotaur RA CenterView...
Neural Technologies Awarded the BCS Large Technology Supplier of the Year Last night, risk management solution provider Neural Technologies was presented an Organizational Excellence Award from the British Computer Society (BCS). In a glittering ceremony held at Grosvenor House Hotel in London, the company was named Large Technology Supplier of the Year. Neural Technologies beat off competition from industry giants such as Sun Microsystems, IBM, Ericcson, and EMC² to win the award which recognizes excellence, professionalism and innovation in IT and is a leading hallmark of success in the IT industry. Alan Pollard, BCS president noted, “The standard of entry has been exceptionally high this year and the judges faced a...
Comptel Extends Global Presence to South Africa by Opening Cape Town Office Comptel Corporation (OMX Helsinki: CTL1V), a leading Operational Support System (OSS) software vendor for convergent mediation, charging, provisioning and network inventory, has announced that it is extending its global operational presence to South Africa in order to meet the growing demand for its software in the region. The Comptel representation based in Cape Town, South Africa, will be headed by Mr. Erwin Blomeyer. This new representation extends Comptel's global presence to a total of 18 countries, serving over 250 customers in over 80 countries worldwide. The creation of this new South African presence follows recent customer announcements in the region...
WeDo technologies Debuts Fraud:RAID, a New Fraud Management System Global Business Assurance solution provider announced the latest expansion of its product portfolio WeDo Technologies announced the launch of Fraud:RAID, its new Fraud Management System (FMS). This system is the first to be designed with full client configurability, which enables users to dynamically configure their systems to target new fraud threats. This solution represents the latest addition to WeDo Technologies’ expanding business assurance product portfolio and has been designed to comply with the requirements of the telecom industry’s next generation IP fraud risk environment. Fraud:RAID has been developed on the acclaimed RAID platform, which has been successfully deployed in more...
CAPE Technologies Wins Revenue Assurance Deals with Operators in South America and South-East Asia CAPE Technologies, a leading innovator and provider of Revenue, Cost and Margin Assurance solutions for the Telecommunications industry, has won new contracts to provide its RevenueOffice™ suite to leading telecom operators in South America and South-East Asia. The South American operator, with almost 5 million subscribers, had recognised the imperative to automate all manual processes for revenue assurance, preventing revenue leakage and optimising revenues and margins. Following a competitive tender, CAPE’s RevenueOffice™ solution was chosen because of its proven business benefits and technical capabilities to meet the operator’s needs across all of its revenue risk areas. The operator in South-East...
Vodafone Selected XINTEC FMSlite Solution for Fraud Management FMSlite, the world’s first lightweight Fraud Management System (FMS) for near-real-time roaming fraud detection, has been selected by Vodafone Malta for immediate implementation. Designed to overcome the challenges of roaming-related fraud, a phenomenon which continues to erode mobile operator revenues worldwide, the FMSlite platform is a lightweight, cost-effective and powerful fraud management system providing a complete set of collection, detection, reporting and dashboard features to ensure fraud detection and the near-real-time monitoring of mobile calls. Vodafone’s choice accompanies the mandatory introduction of near-real-time roaming data exchange (NRTRDE) on 1st October 2008 by the GSM Association, which is the industry’s global...