Collecting cash and reconciling balances is often an area that revenue assurance departments opt to leave outside their scope. When considered with a postpaid mentality, cash collection is not particularly a specialist area; all businesses need people who chase debtors and keep a track of balances. Prepaid changes the dynamic somewhat. The cash is paid first, and the balance updated using a highly automated process where there is limited opportunity to correct mistakes later on. So it is no surprise that this is one area ripe for inclusion within the remit of revenue assurance. Read here for the press release from Cape for their new prepaid assurance product. They may be deploying the solution with just one European telco at the moment, but the demand for this kind of product should be strong.
The Commsrisk Global Fraud Dashboard
Our Global Fraud Dashboard uses AI-powered search to collate, update and visualize data about scams and other network abuses from around the world. New charts are added each month. See it here.
