In a rapidly expanding fraudulent practice, telecom fraud is costing the sector up to $32 billion annually. Fraudsters continue to develop new schemes and prey on consumers and the communication networks they rely on because they see it as a low-risk alternative to more conventional forms of financial fraud. Our revolutionary fraud management solution at Vanrise assists telecom operators in thwarting fraudsters by quickly identifying and stopping network fraud in real time.
Below are the types of fraud that sectors are facing:
Fraudsters are skilled at hiding their identities. To conceal their true identities and goals, they will utilize card numbers and IDs that have been stolen along with every other trick in the book. Whether your telecoms company works with a local provider or an internet shop customer, this holds true. With Vanrise, you can communicate with your counterparts with the least amount of friction while learning as much as possible about them.
To collect information without interfering with your telco business clients’ customer experience, frictionless, invisible, and practical solutions must be used to prevent telecom fraud.
As a result, smoother business operations and lower rates of ID fraud, transaction fraud, and account takeover are all made possible by a robust machine-learning engine and complete risk management control.
Are you bearing financial losses and facing degradation in quality of service from
SIMBox, call spoofing, and OTT bypass fraud?
Sign up for our 14-day free TCG trial to Protect your Network and Boost your Revenues
Combat Fraud
Enhance Customer Experience
Safeguard Revenue
Ensure Regulatory Compliance
Don’t let fraud compromise your success in 2024!