Neural Technologies has been selected by Nextel Communications Inc. (NASDAQ: NXTL) in the United States, to safeguard its network from fraudulent activity.
Neural Technologies's CEO, John Gavan, said: "We are extremely pleased to welcome Nextel to the list of major clients who use our Minotaur™ fraud management worldwide. The need to protect a network from fraudulent activity is critical. Minotaur™ has proven its ability to address this problem with outstanding results."
Extending the boundaries of advanced neural technology, Minotaur™ has gone way beyond its closest rivals, achieving results others have not been able to attain. Its principal feature is its ability to process an infinite number of data streams within client businesses, thus identifying unwanted behaviour patterns and preventing potential leakages of revenue through users who gain services illegitimately or change providers too often.
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