cVidya Networks, (www.cvidya.com) a global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced recently the release of their enhanced bypass fraud module which seamlessly integrates into their FraudView Fraud Management solution. With the new module, CSPs are able to detect both “under-the-radar” methods and those exploiting SIM boxes, to make as many calls as possible in a short period, with advanced alert and aggregation methods. As the complexity of bypass fraud schemes continue to develop, it is crucial for CSPs to detect these fraudsters efficiently and effectively.

Bypass fraud has become the number one fraud type in developing countries as fraudsters continue to find new ways to disguise their operations by using prepaid SIMs, making only a few calls, and limiting call times. In order to help CSPs prevent losses from these new techniques, cVidya has made many improvements for instantly detecting bypass fraud. Real-time detection, within one hour, enables most bypass scenarios to be proactively blocked, and a new set of bypass predictors, based on summarized data, was also added. In addition, long-term summarization, along with an offline investigation tool, detects even the most evasive bypass practices, making cVidya’s module the most complete bypass fraud tool for CSPs.

cVidya’s enhanced bypass module is part of the FraudView fraud management solution. With the new bypass module, CSPs will be able to use multiple alert aggregation time frames from one hour to one day or more and drill down in the alerts to the raw CDR level. An offline investigation utility has also been added along with the ability manage pre-alerts across different time periods.

cVidya has continued its upward growth through 2011 with 25% growth in revenues and 20% in sales compared to 2010. cVidya has deployed numerous new solutions, signed many new clients worldwide, and ventured into markets outside the realm of Revenue Assurance and Fraud Management. In 2011 cVidya expanded into Cloud Services, Sales Performance Management, and Pricing Analytics as well as being named the leading global vendor for revenue assurance and fraud management solutions by Gartner. [Read more…]

cVidya has recently won a contract with the Israeli television production company, Keshet, to consult in the area of tele-voting fraud for their reality TV shows. This is a notable shift in the telecom fraud space and it was recognized that cVidya’s experience dealing with the complex value chains of telecom operators makes it the best fit for dealing with this type of fraud and assurance. cVidya will be providing Keshet with the necessary tools to keep their tele-voting platform secure from fraud and assure voting revenues. This ensures a better experience for both the producers and viewers. [Read more…]

cVidya Networks, (www.cvidya.com) the global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced recently that their MoneyMap® solution is the first Revenue Assurance (RA) product to be awarded to be awarded TM Forum Frameworx Conformance Certification. MoneyMap® enables CSPs to identify and manage areas of revenue leakage. The certification affirms cVidya MoneyMap’s conformance with the Frameworx suite of standards, which has already been adopted by 90% of the world’s largest service providers. [Read more…]

Currently Revenue Assurance (RA) and Fraud practices are mostly reactive in nature and focused on retrospective experiences, therefore their effect on preventing leakages is limited. In addition, operators usually rely on intuition to identify high leakage areas or utilize one-off consulting services when initially deploying the RA and Fraud solutions. In reality there is a need for ongoing consulting and business support with the use of automated tools which have the capabilities to identify, measure, and mitigate risk. cVidya’s new solution, ProactiV, provides these capabilities. [Read more…]