SMS Fraud is estimated to cost the messaging industry $7.7 billion annually in lost revenue*. Multiple initiatives are being taken to protect consumers and the industry’s revenues. iBasis takes the SMS fraud problem seriously and has developed an innovative, cost effective method to identify SMS fraud, ensuring you can protect your customers and your revenue.
Our approach relies on Artificial Intelligence and Machine Learning in order to develop advanced software that can immediately impact your business. Artificial Intelligence provides a powerful advantage in combatting fraud enabling you to proactively protect against fraud rather than having to wait to be impacted by SMS fraud and it also eliminates the need to investment in large deployment projects.
We recently enhanced InVision, our powerful analytical software suite, to continuously meet high level of security that the SS7 environment requires. Our latest SS7 analytics developments include:
- Fraud issues classification based on real time importance
- Network operation department support to focus on the most important ongoing problem.
- Instant SMS fraud Identification, at no additional cost, as part of the advanced SS7 analytics capabilities!
InVision SMS fraud discovery and alarming, complying with IR71 and IR82, deployed on top of our SS7 service, enables you to rapidly reduce the reduction in the amount of revenue that is eroded by sophisticated SMS schemes at no extra cost.
InVision is a turn-key solution that does not require any CAPEX investment or support costs. And there are no limitations on scale.
With InVision SS7 you will be immediately alerted about possible fraud cases and will be able to quickly access the phone numbers, IMSI’s and network equipment used to commit fraud enabling you to instantly take actions to stop any fraud activity to protect and improve your business’ profitability.
Contacts us to discuss with us what we can do to support you in protecting your revenues.
*Capacity Media, June 2018