Prepaid fraud can have an huge impact in Telecom operators with a large prepaid subscribers base due to the multiple actors that can be involved in those fraud scenarios, customers, employees, dealers and suppliers.
This type of frauds often occurs from technical errors or system manipulation: IN, Voucher Management Systems (VMS), HLR, Billing among others.
WeDo RAID.Cloud makes use of Azure Cloud Services to provide the best of breed apps to figh fraud.
The app allows to audit all the recharges to identify high number of occurences, repeated recharges, unexpected recharge amounts and the usage of scratch cards already used or not yet sold in the market.As part of the process RAID.Cloud identifies account abuses related to anauthorized airtime transfers, unexpected changes in account balance and abnormal account type migrations.
This data, is then submitted for analysis and algorithm detection, which then proceed to suggest on all necessary steps that analysts (of any skill level-set) to get instant insights into the current and the latest fraud risks.