Financial Crime World

Cook Islands’ Telecom Operator Cracks Down on Fraud with Advanced Detection System

Telecom Cook Islands (TCI) has deployed XINTEC’s FMSlite Roaming Fraud Detector Module to combat the growing threat of fraudulent activity in the telecommunications industry.

Combating Fraudulent Activity

Fraudulent activities have become a significant concern for Communication Service Providers (CSPs) worldwide, resulting in revenue loss and erosion of trust among customers. TCI has taken proactive steps by deploying FMSlite, a cutting-edge transaction-based fraud management system that detects and prevents various types of fraud, including:

  • IRSF (International Revenue Share Fraud)
  • Wangiri (Prank Calls)
  • SIM boxes
  • Subscription fraud
  • And more

Features of FMSlite

The FMSlite system uses SaaS/Cloud Computing technology, hosted in Luxembourg, providing 24-hour access to the software from a secure data centre. This approach eliminates the need for costly infrastructure investments, allowing TCI to scale its operations more efficiently.

FMSlite’s advanced features include:

  • Fully automated processing of CDR files
  • Subscriber profiling based on historical call patterns
  • High-usage alarms
  • Hotlist alarms for suspicious handsets and destinations
  • Case management functions
  • Full CDR visibility for fraud analysis

The system is highly customizable, allowing TCI to add additional modules as needed, such as:

  • Domestic fraud detection
  • SIM box detection
  • GPRS high-usage detection
  • Prepaid voucher fraud detection
  • Dealer fraud module

Benefits of FMSlite

By deploying FMSlite, TCI will be able to:

  • Detect fraudulent activity in near-real-time
  • Monitor mobile calls for suspicious patterns
  • Optimize its cost structure and enhance profitability

Conclusion

TCI joins a growing list of CSPs worldwide that have implemented XINTEC’s fraud management solutions to combat the evolving threat of fraud. With FMSlite, TCI is taking proactive steps to safeguard its revenue streams and maintain trust among customers.

For more information on Telecom Cook Islands and XINTEC’s FMSlite solution, visit: