WeDo Technologies has launched a series of cloud-based applications to tackle telecom fraud.
RAID.Cloud enables faster integration with existing technologies as well as a simpler faster approach to manging telecom fraud.
It also saves time and reduces costs with its self-service and user-friendly onboarding process, according to WeDo. This is achieved through the development of several detection apps, ready to address specific fraud types such as roaming, bypass and IRSF.
Finally, RAID.Cloud provides applications in digital risk profiling, customer experience and crowdsourced service assurance analytics.
The new solution is WeDo Technologies’ response to a rapidly changing telecom landscape, one where communication service providers are under increasing pressure to transform themselves, diversify, adapt to complex network systems, converge service offerings, and build partner ecosystems – all while managing an ongoing rise in outsourcing. All this has created an environment ripe for revenue leakage, while dramatically increasing the risk of fraud.
“Cloud computing has influenced the way businesses address risk, for areas such as revenue assurance and fraud management,” said Rui Paiva, CEO of WeDo Technologies. “Organisations have embraced the fact that cloud and hybrid solutions are the new way of life, making cloud-based fraud and revenue risk mitigation solutions essential – all through a modern mobile environment.”