Press Release |
 
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New MACH Fraud Protection launched
Publication: 01.11.2007
- the new standard in tracking and combating global roaming fraud
Luxembourg, 1st November, 2007 – MACH, the leading global clearing and settlement partner for mobile based transactions, today launched MACH Fraud Protection, an advanced extension of its roaming solutions portfolio that is setting new industry standards in effectively combating roaming fraud.
Levels of International Revenue Fraud have increased significantly over the last couple of years and losses are having a direct and serious financial impact; typically, 80% of cases affect the bottom line. A negative financial impact of up to 400,000 EUR is what some GSM mobile operators have faced as the result of a single well planned and executed fraud attack.
The current situation for roaming fraud protection is the same as having an advanced security system to protect a home and the valuables inside, only for the system to be switched off over the weekend. Many operators only realise that fraud has occurred when they find the ‘safe door’ left open.
MACH works with operators to solve this and offers a one stop shop for all operators’ fraud requirements, with solutions that are fully compliant with the GSMA’s NRTRDE specification. MACH Data Express, the cutting edge conversion and logistics service is already helping operators achieve compliancy with NRTRDE and has proved to be an influential success.
MACH Fraud Protection provides the final link in the fraud disarmament chain, with fraud fingerprint matches across all networks for a truly global view, instant response and fraud shut-down. The dedicated Fraud Protection Centre uses data intelligence and analysis to predict and track suspicious behaviour via non-stop 24/7/365 surveillance and ‘best practice’ levels.
MACH processes and analyses the data from numerous operators around the globe, allowing clients to benefit from the intelligence it gathers. For example, if a certain B-number was discovered in a fraud case for one client, MACH will instantly detect if this number is used anywhere else in the world. This will enable detection and potential blocking of an IMSI before significant financial damage occurs.
Martin Lippert, CEO of MACH commented, “Outsourcing to MACH eliminates the need for complex systems or maintenance. With our ‘global view’ we can ensure that organised roaming fraud will become a very difficult task. Being part of MACH’s large network gives operators the benefit of scale.”
MACH already facilitates the majority of leading global operators with their specialist clearing solutions. Therefore MACH is the natural partner of choice for combating roaming fraud and offers the most profitable solution on the market. Operators can put their trust, surveillance and protection in MACH.
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Enquiries
MACH:
Sophia Bødiker
Global Marketing Project Manager
spa@mach.com
+45 45902024
About MACH
MACH is the leading global clearing and settlement partner for mobile based transactions, known in North America as MACH Cibernet. We help telecommunications companies and enterprises across the World to secure and develop existing and new revenue streams. We specialise in outsourced solutions within roaming clearing and billing, Interconnect and WLAN. In addition, we deliver mobile content services through the independently operating brand End2End as well as EDI under the PROGRATOR|gatetrade brand. Our global client base comprises the leading international telecommunication companies, including established national operators on five continents and new licensees worldwide. With approximately 700 employees and offices in 12 countries throughout the World, we combine global expertise and operations with local knowledge in each of our markets. For further information please visit www.mach.com
