iBasis and iconectiv assist service providers with mitigating international revenue share fraud (IRSF)
BRIDGEWATER, N.J. - February 20, 2018 -- iconectiv, an authoritative partner of the global communications industry connecting more than two billion people every day, today announced a strategic collaboration with iBasis, a leading international voice carrier and provider of data services and solutions for mobile operators to help service providers reduce international telecom fraud.
iconectiv’s robust, reliable and accurate numbering data from its MobileID solution has been integrated into iBasis’ FraudAlert™ advanced fraud management system, enabling service providers to better protect their customers and revenue from fraudulent calling activity.
Delivering detailed and continuously updated information on mobile numbers worldwide, MobileID provides authoritative information about numbering ranges, including International Premium Rate Numbers (IPRN) and other high-risk number ranges often used by those committing international revenue share fraud (IRSF). With this information, the iBasis solution helps service providers proactively prevent fraudulent calls from reaching its destination.
“As part of our long-term commitment to protect our customers’ business, we strive to continuously adapt and improve our fraud detection and prevention capabilities. We felt it important to add proactive protection to our existing FraudAlert system and after thorough evaluation, we determined that iconectiv’s Mobile ID solution is the most robust and reliable proactive solution in the market” said Guillermo Hurtado, Product Manager at iBasis. “We have successfully deployed our FraudAlert solution leveraging iconectiv numbering data feature, assisting our carrier partners with getting ahead of the fraudsters and monetizing legitimate traffic to higher-risk, higher-revenue destinations”
“We firmly believe in ensuring the integrity of the phone number and partnering with leading solutions providers to address many of the telecom industry’s most pressing challenges,” said Alex Berry, Executive Vice President of iconectiv’s Information Solutions Business Unit. “iconectiv is committed to stemming the losses and reducing the havoc created by international telecom fraud, and we look forward to working with iBasis and others seeking to solve this issue.”
iconectiv’s MobileID currently has number range information for 245 countries and territories to help stop IRSF and interconnection-related revenue leakage.