Telecoms – In brief

Telecoms

BICS, has announced a step forward in its innovative fraud protection solution, FraudGuard, by extending the crowdsourcing platform to incorporate protection against roaming fraud for its MNO Partners. Roaming fraud is a growing problem that costs the industry over six billion USD per year worldwide and can be responsible for huge revenue losses to telecoms operators anywhere in the world.  FraudGuard identifies over 100 new threats to carriers daily and has already saved operators millions of dollars in revenues, blocking over 500 million fraudulent call attempts across 800 telcos within the first two years of operation.