TSIC Moves to Eliminate Voice Fraud Using IPsoft Technology
By Business Wire News
By Business Wire News
TeliaSonera International Carrier (TSIC) today announces the implementation of an automatic proactive fraud detection service for the benefit of its international voice customers. This service enhancement follows development and tests with IPsoft, a leading provider of fraud management and big data application services.
As international voice services move away from a physical circuit switched environment, detecting new methods of fraud such as deliberately extending call duration, or sending calls to automated message platforms, becomes an increasingly important issue. TSIC is taking steps to protect its customers and their end users using IPsoft functionality which performs statistical analytics to identify the source of the fraud, enabling TSIC to take action and maintain the integrity of its service.
“TSIC is committed to providing the best customer experience for our international voice partners both today and in the years ahead. Promptly identifying and taking action on fraud is key to security and maintaining the integrity of our services,” said Simon Dodsworth, Vice President, Head of Voice and Mobile, TeliaSonera International Carrier. “The solution implemented with IPsoft is a major step in our fraud detection capabilities and we believe it moves us to the forefront of carriers offering fraud avoidance solutions while delivering an enhanced level of service for our customers.”
“With more mobile devices than people in the world, the opportunity for fraud has exploded. At this scale, false alerts can delay and confuse the effort to catch fraud. Carriers equipped with automated analytics that can accurately keep pace with changing patterns of falsely answered calls will be able to differentiate their services to customers. We originally developed our autonomic system to learn the patterns of falsely answered calls for major enterprises and have been very pleased with the interest shown by TSIC in tackling the problem at source,” said Chetan Dube, CEO at IPsoft. “We had a very successful trial with TSIC which demonstrated that the non-invasive technology worked perfectly, finding fraud without positive alarms and its results underpinned a solid business case.”
The solution uses a self-learning set of statistical and big data algorithms developed by IPsoft. False answers are detected and patterns indicating fraud are detected in real-time. This is done by analyzing parameters in call detail records (CDRs) to monitor deviation from statistically ‘normal’ behavior by route. The solution returns 98% accuracy levels and scales to 500 million calls per day.
About TeliaSonera International Carrier
TeliaSonera International Carrier owns and operates one of the world’s most extensive fiber backbones. Our mission is to provide exceptional network infrastructure and services – empowering individuals, businesses and societies to execute their most critical activities. By working close to our customers, we make big ideas happen at the speed of fiber. Discover more at www.teliasoneraic.com or contact us at twitter @TeliasoneraIC
IPsoft automates IT and business processes for enterprises across a wide range of industries. Through its portfolio of world leading autonomic and cognitive solutions, it provides services that allow its clients to secure competitive advantage. Headquartered in New York City, IPsoft has offices in 12 countries across the world and serves more than 500 of the world’s leading brands directly as well as more than half of the world’s largest IT services providers. Visit IPsoft at www.ipsoft.com
TeliaSonera International Carrier
Charlotte Züger, + 46 70 32 00 383
Head of Communications
Daniela Zuin, +44 7917 678 709