What is revenue assurance in telecom?

What is revenue assurance in telecom?

Revenue Assurance can be defined as the process of ensuring that all products and services provided by the Telecom Service Provider are billed as per the commercial agreement with customers by ensuring billing – and configuration integrity and accuracy across the relevant systems.

What is ROC fraud management?

ROC Fraud Management from Subex is built to drive fraud prevention by eliminating known frauds, uncovering new fraud patterns, minimizing fraud run time, augmenting internal controls, and supporting continuous fraud management process improvement.

What does telecommunication fraud mean?

DEFINITION. Telecommunication fraud is the theft of telecommunication service (telephones, cell phones, computers etc.) or the use of telecommunication service to commit other forms of fraud. Victims include consumers, businesses and communication service providers.

What is revenue assurance system?

Revenue assurance is the application of a process or software solution that enables a communications service provider (CSP) to accurately capture revenue for all services rendered.

How do you do revenue assurance?

The key to revenue assurance is to identify areas that will either generate or save money for your business….The following 5 approaches will help you achieve greater revenue assurance:

  1. Efficient Processes.
  2. Configurability.
  3. Standards Compliance.
  4. Strong Security.
  5. Replacing Legacy Systems.

Why do we need revenue assurance?

A revenue assurance process can help turn up profits, cut waste and improve operational efficiencies if a company commits to change internal systems, processes and management style.

How do you handle a fraud case?

Article: 6 Steps to Take after Discovering Fraud

  1. Don’t pay any more money.
  2. Collect all the pertinent information and documents.
  3. Protect your identity and accounts.
  4. Report the fraud to authorities.
  5. Check your insurance coverage, and other financial recovery steps.

How do I file a fraud case?

you have to approach the police with a complaint referring to all the things which has happened and how the person has cheated you. if the police refuses to file a FIR then they will provide you with a DD number of your complaint.

How can telecommunication fraud be prevented?

The industry best practice for detecting and preventing this type of telecom fraud is to monitor calls in real time for suspicious traffic or call patterns. To truly shut down fraud, any fraud prevention system should be combined with call routing technology.

How can you protect yourself from telecom fraud?

Top tips to protect yourself:

  1. Be careful when sharing personal information.
  2. Never share your PINs and passwords.
  3. Be wary of unsolicited offers, contests and investment opportunities.
  4. Don’t open unsolicited email messages and don’t click on links unless you trust the source.

What is revenue leakage in telecom industry?

A revenue leakage is typically attributed to a Telecom when it is unable to bill correctly for a given service or receive the correct payment. As the organization grows the probability of revenue leakage only increases.

How do I track online fraud?

Table of Contents

  1. Use Address Verification Service (AVS)
  2. Pay Attention to User Location.
  3. Record the Shipping Destination.
  4. Beware the Use of IP Proxies.
  5. Google Is Your Friend.
  6. Check Email Addresses for Reputable Domains.
  7. Look Out for Patterns in Fraud and Theft.
  8. What Are the Most Common Ways You Can Catch Fraudsters?

What is the fraud investigation process?

Description. A fraud investigation is aimed at examining evidence to determine if a fraud occurred, how it happened, who was involved, and how much money was lost. Investigations occur in cases ranging from embezzlement, to falsification of financial statements, to suspicious insurance claims.

How do I report online fraud?

Alternatively, you can file an online fraud complaint at https://cybercrime.gov.in/. There is an option of calling them as well on the dedicated cybercrime hotline number -155260 on a working day from 9:00 a.m. to 6:00 p.m.

Where can I complain about online fraud in India?

One can file a cybercrime complaint online at https://cybercrime.gov.in/ or offline. You can also dial the dedicated cybercrime complaint number announced by the Ministry of Home Affairs at 155260 on a working day from 9:00 a.m. to 6:00 p.m.

What are telecommunication crimes?

(a) A person commits an offense if the person, with the intent to defraud or cause harm, makes a call or engages in any other conduct using any type of technology that results in the display on another person’s telecommunications device of data that misrepresents the actor’s identity or telephone number.

What is Wangiri calls?

Wangiri fraud, a call-back scam, is a Japanese word meaning ‘one ring and cut. ‘ Just as the name suggests, in this form of fraud, fraudsters give a missed call to encourage unsuspecting subscribers to call back to fraudulent premium numbers.

What is Bell prevention team?

If you suspect your device or SIM card has been compromised in any way, please contact the Bell Mobility Loss Prevention team at 1 800 509-9904 immediately. Our representatives will add your device to the national list for lost or stolen mobile devices so that it cannot be used on any network in Canada.

How do you audit fraud?

Audit Procedures That Helps in Detecting Fraud

  1. Having Fraud Brainstorming Session. According to the MASA, the audit engagement team must have a fraud brainstorming session before they start performing the audit.
  2. Performing Journal Entry Testing.
  3. Inspecting Accounting Estimates.
  4. Checking for Significant Unusual Transaction.

What is telecom fraud analytics?

Our telecom fraud analytics solution provides real-time analytics to protect clients’ revenue against fraudulent activities such as: We leverage years of expertise in fraud detection to perform effective risk assessment.

How can the telecom sector avoid huge losses due to frauds?

To avoid the huge prospective losses, the telecom sector world over, is focusing on a having an effective and dynamic Revenue Assurance and Fraud Management (RAFM) function, which requires a very close co-ordination and support from all the other departments in addition to requisite tools, authority and empowerment from the top management.

What is the revenue assurance solution?

Our pro-active Revenue Assurance solution identifies issues before the customers complain, helping you decrease revenue losses.

What is network fraud?

The Network Fraud is related to activities related to network features, call and charging flows. The fraud could be at a smaller scale such as making changes in customer calling rights (from local to international) and at a massive scale such as premium rate service, by pass traffic, and free or low rate charging frauds.