Saint Pierre and Miquelon Faces Rise in Handset Fraud as Value of Devices Increases

Saint Pierre and Miquelon is grappling with a surge in handset fraud as the value of devices continues to rise, making them a prime target for fraudsters. To combat this growing menace, authorities are seeking innovative solutions to detect and block fraudulent activity.

Subex Handset Fraud Solution Provides Real-Time ML-Based Risk Scoring

Subex’s flagship solution offers real-time machine learning (ML) based risk scoring to detect and block handset fraud across retail POS, tele sales, and digital channels. The unified solution integrates feedback from siloed systems, including:

Physical ID verification
Credit scoring
Email id/domain risk
IP-based risks
Device fingerprinting

Enhanced Fraud Detection with AI/ML-Based Risk Scoring

Subex’s solution uses AI/ML-based risk scoring to evaluate every incoming order in real-time, assigning a risk score based on various features. This enables decision-makers to take swift action against fraudulent activity, thereby minimizing financial and reputational losses.

Key Benefits

Increased precision and accuracy with ML models
Rapid ROI and improved customer experience
Business insights dashboards and enhanced link analysis
Easy integration with external APIs for credit scoring and device fingerprinting

Subex Solution Features

Real-time machine learning (ML) based risk scoring
Unified solution integrating feedback from siloed systems
AI/ML-based risk scoring to evaluate incoming orders in real-time
Alternative recommendations for high/least risk numbers at the point of sale
Business insights dashboards and enhanced link analysis
Easy integration with external APIs

Conclusion

In the face of rising handset fraud, Saint Pierre and Miquelon needs AI-powered anti-fraud tools to stay ahead of fraudsters. Subex’s solution is poised to revolutionize fraud management in Saint Pierre and Miquelon, providing real-time detection and blocking of fraudulent activity. With its ability to deliver rapid ROI and improved customer experience, Subex’s solution is an effective way to combat handset fraud and protect the value of devices.