VimpelCom extends fraud management capability to Kazakhstan |
30 Jun 2008 |
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KaR-Tel, Kazakhstan's second largest mobile operator, has installed Neural Technologies' fraud management solution as part of a framework deal between Neural Technologies and VimpelCom, KaR-Tel's parent company.
VimpelCom has been successfully using Neural Technologies' Minotaur™ solution in its Russian operations since 2002 and KaR-Tel is the first of its numerous affiliates to benefit from the increased fraud protection the solution provides. So successful has Minotaur™ been in detecting fraud on the Kazakhstan operator's network, that it has achieved return on investment within just five weeks of operation.
Andrey Maneshin, Director of Fraud Management & Revenue Assurance, for VimpelCom stated, "Minotaur™ has consistently produced results for us. Over the years it has substantially improved the accuracy of our fraud identification. The solution has kept pace with our tremendous subscriber growth and has proved to be a sound return on investment. The decision to roll out the solution to our affiliates was an easy one and the results are already exceeding our expectations".
Luke Taylor, Commercial Director for Neural Technologies stated, "Over the years we have worked closely together with Andrey and his team to achieve great strides in loss management. We are delighted to be able to extend that capability to reduce revenue loss for the company's affiliates. VimpelCom's proactive approach to tackling fraud has allowed us to effectively work together to ensure together we remain one step ahead of fraud. We are proud to be associated with such a professional team and well-respected company".
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