MACH Launches Rapid Fraud Protection and Revenue Assurance – Low-risk, fast-track approach to rollout lets operators significantly reduce revenue leakage in just 8 to 10 weeks

Luxembourg, 10th April , 2013 – MACH, the leading provider of cloud-based managed communication services, today announced new low-risk, fast-track versions of its proven and established Fraud Management (FAME) and Revenue Assurance (CASHBACK) solutions that allows them to be rolled out in weeks, not months. This new deployment timescale, only available with Rapid-FAME and Rapid-CASHBACK, enables telecoms network operators to significantly reduce revenue leakage in just 8 to 10 weeks, while they also benefit from lower upfront capital expenditure and a faster return on investment.

Network operators worldwide have become increasingly vigilant of revenue leakage in recent years. According to Juniper Research, losses from fraud and billing inaccuracies could reach as high as US$296 billion by 2016, or 23 percent of total operator revenues.

However, large scale fraud management and revenue assurance implementations often come at a high cost, with project risk and uncertain Return On Investment (ROI). With increasing constraints on resources, operators are seeking a less complex approach to revenue protection.

In contrast, MACH’s Rapid-FAME and Rapid-CASHBACK solutions specifically target the top 25 to 30 percent of revenue leakage in any network, and are fast and simple to configure. By monitoring only two or three operator data feeds, rather than all of them, the primary sources of revenue leakage can be identified and stopped quickly. For example, an operator’s roaming data specifically could be monitored to combat roaming fraud, or a particular switch data analysed to prevent domestic fraud. These rapid deployments are also designed with clear, modular upgrade paths to MACH’s comprehensive FAME and CASHBACK solutions, so that an upgrade to the full solution can be utterly seamless.

Joseph George, Director, Revenue Protection and Interconnect, MACH, commented:

Our customers were crying out for revenue protection solutions that were simple to configure and fast to implement. Using our Rapid-FAME and Rapid-CASHBACK solutions at a comparatively small capital expense, operator staff can now quickly demonstrate to senior management the business value that fraud protection and revenue assurance solutions can bring. With a proven ROI, a robust business case can then be made for the deployment of full revenue protection. We also aim to give our customers flexibility in how they deploy these platforms: whether via a licensed software model or as a cloud-based, managed service.”

Rapid-FAME and Rapid-CASHBACK are part of MACH’s M Protect portfolio of fraud and revenue assurance solutions for domestic and international telecoms revenue protection for communication service providers. Using Rapid-FAME and Rapid-CASHBACK, it is possible to identify and isolate the main revenue leakage issues and manage them with a low cost, comprehensive, system-based approach that can be implemented in weeks, not months. The comprehensive M Protect solution supports a full suite of functions to minimise revenue leakage, including domestic and international fraud management, revenue assurance and data retention. Many different types of operator data can be processed in near real-time, enabling MACH to identify problems rapidly and quickly mitigate any potential financial damage.

About MACH

MACH is the leading provider of cloud-based, managed communications services for monetizing mobile data, simplifying interoperability between networks, optimizing wholesale processes and protecting revenues. It is fast becoming the provider of choice for real-time, value added services that are essential for communications service providers around the globe to enhance customer experience, optimize wholesale processes and monetize their businesses in 3G and 4G mobile ecosystems. With its long heritage in data and financial clearing, settlement and hub based connectivity models, it provides its 650 operator customers with state-of-the-art tools needed to align business processes. Headquartered in Luxembourg, MACH has offices in 12 countries. Its customers include Orange, Telefonica, T-Mobile, Telus, Verizon Wireless and Microsoft, as well as enterprise messaging customers like KLM. For more information, visit www.mach.com, follow MACHconnects on Twitter or read The MACH Blog.

Enquiries

MACH
Eileen Preston, Global PR Manager [email protected], +44 7860 456193

Disclaimer: The views and opinions expressed in this article/press release are those of the authors and do not necessarily reflect the approved policy or position of the GSMA or its subsidiaries.

Contact the GSMA

Please get in touch if you need more information or have any queries about anything you see on our website.

Contact us