Application Fraud is on the rise says a report by a leading credit agency in the UK. Knowingly falsifying personal information to obtain products or services with no intent to pay seems like a natural choice for fraudsters – well, what are the odds of getting caught by filling an application online for a flashy new iPhone? If you get it, great; if you don’t, try again.
It takes more than a Fraud Management System (FMS) to detect and control IRSF Fraud. That’s why we have created PRISM – A secure cloud database with over 30,000 IRS Test Numbers and PRISM Client, a no nonsense and truly low cost tool to detect IRSF Fraud in real time.
Imagine a visitor walking in, and instead of writing on a piece of paper, types into a computer terminal (a touch enabled tablet will do no harm). The system then prints a paper pass, sends an Email and SMS notification to the host, keeps a record of the building passes issued and monitors the check-in and check-out times of the visitors. The security manager can pull out reports at will. Wouldn’t this be cool?
International Revenue Share Fraud (IRSF) has been around for a decade, yet, there is little awareness among leading communication service providers, let alone start-ups and small service providers. While this has caused severe damages in the past, it’s once again beginning to raise its ugly head with a spate of vicious attacks, often taking the operators by surprise, and in some cases, leaving them at the brink of closure. So what is IRSF Fraud and what should be done to control it.
I guess there could be no two answers to this. Good customer support matters. It matters because it could be the only thing that sets you apart from competition. It matters colossally if you are a small business trying to get a foot hold in this crowded market place.
I am not an expert on […]
PRISM is a simple yet powerful tool to tackle IRSF fraud which is increasingly threatening every communications service provider, big and small. PRISM is provided as a secure cloud solution, so all you need is a web browser to get started. Access to this database is now available for a modest annual subscription.
We are delighted to announce the release of Referrals+, a fraud search tool designed to prevent fraudsters from re-entering the network. Referrals enables Credit Control Analysts to vet a customer in near real time or batch (e.g. post connection review) as part of the
International Revenue Share Fraud (IRSF) test numbers are numbers provided by a reseller to test that a revenue share destination and number range can be connected from a calling location. These test numbers are extremely valuable if used in a hot list to alert CSPs of a possible or pending IRSF attack.