Rating: Currently monitoring almost 100m transactions dailyWith margins for mobile network operators tight (especially on voice), fraud has become a major issue for the industry. Which probably why MACH has just been able to announce that it is now analysing over 100 million transactions daily for its customers. The company cites recent research carried out by the Communications Fraud Control Association (CFCA) which suggests it may be costing operators as much as $40 billion per year in lost revenue. MACH expects that figure to grow as the adoption of 4G increases. Thanks to its cloud-based Fraud Management System – FAME, MACH is able to share some very interesting stats on fraud with us. Continue reading →

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