Revenue Assurance and Fraud Management Is Data Science
Yesterday’s Commsrisk article did not just present a nice theory. Here are the connections between data science and RAFM at a real telco.
Security, Fraud and RA Losses Worth $149bn in 2021 per Survey of Comms Providers
Security breaches caused most leakage for comms providers, whilst RA-style leakages were worth almost double the value of fraud.
Why Community Is Important to RAG
Businesspeople may focus on the trading of information, but humans talk to each other because they are social animals too.
The Global Landscape of Telecoms Fraud
Telco fraud losses will fall just because voice calls are becoming cheaper, but inexpensive international services also encourage cross-border crime targeted at telco subscribers.
Big Talk, Little Innovation in Revenue Assurance
RA vendors should do more to develop solutions that use sophisticated techniques like machine learning and predictive analytics.
Singing a Song about Fraud, Bicycles and GDP
Global telecoms fraud is such a big business that it is worth more than the GDP of some countries.
AI Is the Future of Fraud Management
Some may fear the impact artificial intelligence will have on fraud management jobs, but AI will become so widespread that fraudsters will also be using it.
Nine Simple Strategies to Counter Telecom Fraud
Fraud expert Jim Bolzenius shares his favourite anti-fraud strategies.
Blink and You’ll Miss a Revolution
Author Malcolm Gladwell has written about people suffering information overload. However, machines thrive on data. That is why fraudsters should be identified by computer algorithms.
A System That Learns about Fraud
For podcast #23, Shankar Palaniandy of FRS Labs told us why his fraud solution learns from experience, instead of following rules.