Alltel Wireless deploys MinotaurCloud Originations from Neural Technologies

Neural Technologies has deployed its MinotaurCloud Originations solution at Alltel Wireless to manage subscription fraud and credit risk.

Date: 1st August 2011
Categories: Technology

MinotaurCloud Originations will enable the US wireless telecommunications provider to assess all new subscriber applications, helping to reduce revenue loss through early identification of fraudulent and bad debt customers.

MinotaurCloud Originations is just one of the applications available on the newly launched hosted risk management platform from Neural Technologies, a leading supplier of risk management technology to the telecom and financial sectors.

“The MinotaurCloud originations tool will provide us with accurate, consistent and efficient decision-making in our risk management processes,” said Brian Taylor, Chief Financial Officer, Alltel Wireless. “Neural Technologies has been a great partner throughout the planning, implementation and testing process and we look forward to a long and successful relationship going forward.”

CEO of Neural Technologies US, Ian Gebbett said: “We are seeing a tremendous demand for our cloud based risk management services, especially the originations application.  It’s been a pleasure to work with the Alltel team and we continue to focus on our customer support to ensure we meet our client’s needs“

MinotaurCloud Originations provides fast, highly robust, accurate accept or decline decisions and sets credit limits appropriate to each individual.  With its real-time access to internal and external data sources, including consumer and commercial bureaus, the solution offers superior identification of risk.

Benefitting from advanced analytical processes, including neural predictive analytics, the solution offers complete control over data access, decision workflow, business rules, policy rules analytical models, configuration and reporting.

The MinotaurCloud platform comprises a range of affordable risk management applications that are offered on a monthly subscription basis.  

About Allied Wireless

Allied Wireless Communications Corporation (AWCC), doing business as Alltel Wireless, is a wireless telecommunications provider serving customers in six states. Headquartered in Little Rock, AR., AWCC is a subsidiary of Atlantic Tele-Network, Inc. (NASDAQ: ATNI).

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