Minotaur Fraud Management - Mobile Payments Fraud

“Given the explosive growth of smartphones and other mobile devices, the increase in mobile commerce, and the migration of fraud attacks to these devices, using mobile fraud detection in mobile commerce environments is an imperative”. Source: Gartner.

As the use of mobile payments grow globally, so too does the risk of fraud and the need for effective fraud monitoring sytstems.

Neural Technologies’ Minotaur solution provides comprehensive fraud prevention and management on the mobile payment platforms of telecoms operators.

The solution supports banked (linked to account) or unbanked (stored value accounts) markets based on SIM Toolkit, SMS and USSD delivery channels.  It encompasses monitoring and investigation of customers, subscribers, agents and internal systems and procedures. 

The solution also includes a comprehensive case management facility and suite of management reports (suspicious activity reports, account activity, money transfer by region, transaction trends, etc).

Download our Mobile Payments Fraud fact sheet.

Check out our Mobile Payments Overview - Fraud Management report. 

Check out the results of our Mobile Payments survey.

 

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