3Scandinavia Cracks down on Fraud and Revenue Assurance with Minotaur™

Neural Technologies (Nt) is pleased to announce the deployment of its Minotaur™ platform at 3Scandinavia (‘3’), providing 3 with the tools to toughen up on fraud protection and revenue assurance management.

Date: 1st October 2012
Categories: Technology

3 was looking for an advanced system to cover fraud and revenue assurance with the initial phase of the deployment of Minotaur to monitor subscriber high usage, as well as deploying fraud monitoring for International roaming.

Nt’s Minotaur™ platform was chosen for its flexibility, capability and global reputation. The solution delivered in this initial phase comprises four key areas: credit management, providing manual and system controls of credit limits based on account type, invoicing, and payment history; actions solutions, to enable users to manually issue account and subscriber level treatments; a collection of link analysis analytics to monitor new, pending and existing customers for repeat fraud and bad debt; and a roaming fraud solution offering protection against International Revenue Share fraud, PRS fraud and high number and duration calling.

“2012 has been yet another successful year for 3Scandinavia. We have continued to grow our market share, both in Sweden and Denmark, for the sixth consecutive year. 3Scandinavia will enter 2013 with a strong subscriber base and a clear market position. In order to keep up with this positive growth and minimize cost, 3Scandinavia has decided to invest in Minotaur from Neural Technologies after evaluating several systems on the market. Key drivers in our procurement process have been cost efficiency and time to market,” says 3Scandinavia’s CFO Cecilia Bergendahl.

Nt’s Commercial Director, Luke Taylor, comments: “We are proud to be associated with Hutchison 3Scandinavia and are excited about the long term plans and objectives they have with the Minotaur™ platform as they expand their business and data services.”

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