Fraud Management in Telecom
Telecom Fraud in Real-Time
The impact of fraudulent activities in communication service providers affects service, networks and customers dramatically, meaning telecoms have to know how to manage fraudulent activities to minimise these effects. Lifecycle Software monitors the network and partner data sources to detect and flag abnormal situations and act swiftly on suspicious activity
Advanced algorithms scout networks in real-time and pinpoint SIM cards and devices with abnormal or suspicious usage patterns. We monitor thousands of indicators like abnormal volumes of traffic in a specific location, devices that sent thousands of SMS with a link, IMEIs with exceptionally high data consumption and devices with several SIM cards associated within a short time. We are able to proactively counteract fraudulent behaviours with automatic workflows to terminate, block transactions, or suspend a subscriber in real-time.
Protect Your RevenueAvoid increased support costs and churn
Ensure Service QualityNo bandwith waste with service continuity
Safeguard your networkFraud can seriously disrupt networks
Fraud can seriously disrupt networksScams impact your subscriber’s life and your reputation
Event Intelligence: Your ally in fraud management
Event Intelligence is a solution that monitors network events and uses predictive analytics and real-time decisioning to deliver strategic workflows
- The decisioning within Event Intelligence is reactive to all-new available data in real-time
- Able to trigger workflows to terminate, block transactions, or suspend a subscriber in real-time
Fraud detection capabilities
Phishing SMS and calls
Fraud calls with premium phone lines
SIM-farms & SIM-box
Fraud Management for IoTIoT providers require a flexible system to manage and assign huge SIM inventories, give multiple resellers access to services and ensure visibility on the status of globally connected devices. Event Intelligence monitors device and group allowance, behaviour, device authenticity and activity to manage and act on fraud.
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Find out more about how Lifecycle can help you accelerate your business growth and reach your goals.