Telecom Fraud

eyeDES Customized Solutions for Telecommunications Fraud Management

Telecommunications fraud has been identified as a big cause of revenue loss for telecommunications providers. Fraud is a significant threat to the communications business, eroding margins, consuming network capacity and jeopardizing customer relationships.

Understanding the nature of fraud is the first step to reducing revenue leakage. The  next step is investing in revenue assurance systems and efficient solutions to help shield against future attacks.

IDES Technologies introduces eyeDES, a next-generation analytical technology to deploy fraud management telecom solutions which analyze the patterns of telephone usage and track fraud cases. eyeDES solutions are based on specialized artificial intelligence methods to detect and monitor complex patterns of telephone usage.

 
 
  • "You have to learn the rules of the game. And then you have to play better than anyone else."

     

    Albert Einstein

Latest Headlines

  • Reducing Losses from Reseller Fraud: A Merchants Perspective

    Online criminals have gone through a dramatic process improvement that’s hitting online merchants and direct marketers hard with a new level of reseller fraud and affiliate fraud.

    Online merchants offering affiliate programs, reseller programs and multi-payment trials are undergoing significant fraud increases resulting in higher charge backs, penalties and losses related to shipped-goods.

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  • Fraud - including scams, online theft, insurance cheats and tax fraud - costs the UK £30bn a year, according to an official estimate.

    The National Fraud Authority (NFA) has calculated the figure for the first time and said it equated to £621 per adult in the UK.

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Technology

  • Techniques used for fraud detection fall into two primary classes: statistical techniques and artificial intelligence (Palshikar 2002). Examples of statistical data analysis techniques are:

    • Data preprocessing techniques for detection, validation, error correction, and filling up of missing or incorrect data.

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