With every year that goes by it becomes increasingly clear that when it comes to fraud, no telecommunication provider is an island. As they try to weather the storm alone, figures show that fraud is still an issue at large with losses around $38 billion in revenues, while international traffic accounts for 70% of all…
Concerns of authentication and number verification are key issues in 2016 as digital service providers look to secure their application or reduce wasted expenditure from engaging with erroneous or spam phone numbers. Innovative businesses have seized the opportunity to address the demand for digital services, resulting in a volley of applications and A2P messaging from…
For an industry that has led, and continues to lead, some of the most important communications innovations of the modern age, telecoms has been alarmingly under-serviced when it comes to rooting out fraudulent practices. Such practices are active on a scale of such enormity that if the losses could be prevented many operators and carriers…
Earlier this month, BICS had the honour of hosting the flagship GSMA Fraud and Security Group (FASG) meeting, in tandem with the GSMA Asia Pacific Fraud Forum, for the very first time. As one of the most successful and well-attended events in the industry, it’s one that is also close to our hearts. This year’s…
BICS, the strategic international wholesale partner to over 400 mobile operators worldwide, today announced the launch of FraudGuard, a fraud detection and prevention solution based on a crowdsourcing model, which drives shared experience and insights across the extensive BICS wholesale network. This approach creates an active community of telecoms companies which as a whole gains…