Data integration, analytics and revenue management expert, Neural Technologies, has been shortlisted in the Best Mobile Security/Anti-Fraud Solution category at the GSMA Glomo Global Mobile Awards 2017.
The nomination recognises Neural Technologies’ work for Safaricom – the leading telecommunications company in Kenya – and its mobile money solution M-PESA. Safaricom is a world leader in Mobile Money with over 45% of Kenya’s GDP flowing through their M-PESA service, which was presenting a challenge to Safaricom in terms of fraud activity monitoring. Neural’s solution enables Safaricom to verify the identity of applicants to mitigate fraud and money laundering. Neural’s solution also models each Safaricom subscriber and organisational behaviours to detect scenarios that are indicative of criminal activity such as smuggling, poaching and terrorism.
The Glomo Awards are judged by world-leading independent experts, including analysts, journalists, academics and mobile operators. The awards will be presented at Mobile World Congress, which takes place between 27 February and 2 March in Barcelona. A full list of nominations can be found at: www.globalmobileawards.com/nominees2017.