LUXEMBOURG, May 26 /CNW/ - MACH, the leading provider of solutions to
simplify and accelerate the creation and operation of the mobility supply
chain, warned today that it expects roaming fraud to cost mobile operators $5
billion globally in 2009 as many operators around the world have yet to comply
with NRTRDE recommendations. Consequently, fraud will shift to those who are
less well protected.
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"Perpetrators of roaming fraud rely on poor operator visibility and slow
inter-operator processes to profit at the operators' expense," says James
Stewart, Director of Fraud Product Management at MACH and Chairman of the
Roaming Sub-Group of the GSMA Fraud Forum. "Many operators are re-evaluating
the use of their existing fraud detection measures, looking for ways to reduce
expenditure. Their margins are under pressure from increasing roaming tariff
regulation and competition but they cannot afford to increase their exposure
to fraud and their subscribers will not accept any disruption to service
caused by fraud prevention."
MACH clears two out of every three roaming calls on GSM and CDMA networks
and settles more than 60% of global inter-operator wholesale invoice amounts.
MACH has well over 300 NRTRDE clients, and a rapidly growing Fraud Protection
client base that is doubling every 6 months.
"Minimising mobile fraud losses is about the rigorous execution of 4 key
disciplines," James Stewart went on to say. "It's about timely visibility,
quick analysis, intelligent investigation and rapid action."
MACH's range of fraud detection and prevention solutions comprising Data
Express, Fraud Express and Fraud Protection, not only provides an
early-warning mechanism for fraud prevention, they also provide the roaming
data that allows operators to better understand customer behaviour. These
strong fraud prevention measures enable MACH's clients to reduce barriers to
roaming, which helps them to increase their revenue from roaming subscribers.
MACH's dedicated Global Roaming Competence Centre delivers near real-time
visibility into the usage information for all roaming subscriber events. MACH
detection systems are constantly updated to allow analysis based on the latest
characteristics of fraudulent behaviour, enabling early identification and
monitoring of suspicious subscribers.
MACH's fraud protection systems reduce fraud losses by increasing
visibility and reducing reporting time delays. At the same time, the cost of
investment in new systems and new incoming NRTRDE data flows is eliminated.
To find out more about MACH, visit: http://www.mach.com/about/
For further information:
For further information: Sophia Bodiker - Global Marketing Project
Manager, MACH, +45-4590-2024, firstname.lastname@example.org