TAMPA, Fla.--(BUSINESS WIRE)--Syniverse today announced that it has signed a multiyear agreement with Roshan, Afghanistan’s largest telecommunications company, to provide revenue assurance and fraud detection services. The agreement will provide Roshan with predictive analytic solutions that protect the company against the latest forms of mobile fraud and optimize its revenue flow.
Mobile fraud has surged to present an especially penetrating threat to businesses and consumers, as companies now stand to lose on average of $92 million in revenue each year from mobile fraud, according to a report by J. Gold Associates.
“At Roshan, we not only strive always to provide the best quality products and services to our customers, but also to bring best business practices and international expertise to Afghanistan through collaborations with leading global companies,” said Karim Khoja, CEO of Roshan. “By working with Syniverse, Roshan will be able to use the strongest fraud protection tools available to optimize its revenue flow and better serve its 6.5 million customers.”
Roshan will implement Fraud Management and Revenue Assurance solutions, which are based on Syniverse’s Risk Management portfolio. The Fraud Management solution helps both companies and operators combat the full range of today’s mobile fraud by using predictive analytic capabilities to enable the best collection of data and use of it to respond to particular patterns. Syniverse’s Revenue Assurance solution provides clear and accurate data on an operator’s entire revenue flow and identifies any problem areas in the end-to-end billing cycle that can be enhanced to help eliminate revenue loss.
“With the Communications Fraud Control Association reporting that mobile fraud is responsible for $38 billion in revenue loss for operators globally, it’s imperative that operators have a full-scale strategy for protecting themselves and their customers from this threat,” said Joseph George, Senior Product Management Director, Syniverse. “Syniverse’s fraud strategy – based on a global, mobile and data-driven approach – will enable Roshan to quickly implement a full-strength fraud-protection solution to provide the best user experience to its customers.”
Syniverse’s agreement with Roshan builds on its recent progress with its Risk Management portfolio. This year, Syniverse signed its 100th fraud customer, marking a milestone in the growth of the company’s fraud team since its inception in 2007.
Syniverse is the leading global transaction processor that connects more than 1,500 mobile service providers, enterprises, ISPs and OTTs in nearly 200 countries and territories, enabling seamless mobile communications across disparate and rapidly evolving networks, devices and applications. We deliver innovative cloud-based solutions that facilitate superior end-user experiences through always-on services and real-time engagement. For more than 25 years, Syniverse has been simplifying complexity to deliver the promise of mobility – a simple, interoperable experience, anytime, anywhere. For more information, visit www.syniverse.com, follow Syniverse on Twitter or connect with Syniverse on Facebook.
Roshan (Telecom Development Company Afghanistan Ltd) is Afghanistan's leading total communications provider with over 6.5 million active subscribers and a network that covers over 287 districts and cities in all of the country's 34 provinces.
Roshan is a true Afghanistan success story, serving as a catalyst for economic growth and actively contributing to the country’s long-term development. Since its inception in 2003, Roshan has invested approximately $600 million in Afghanistan and is the country’s single largest private investor and taxpayer, contributing approximately five percent of the Afghan government's overall domestic revenue. Roshan directly employs around 1,000 people – 19 percent of whom are women – and provides indirect employment to more than 35,000 people. Roshan is deeply committed to Afghanistan’s reconstruction and development.
The Aga Khan Fund for Economic Development (AKFED), part of the Aga Khan Development Network (AKDN), is a major shareholder of Roshan and promotes private initiatives and building economically sound enterprises in the developing world. Also owned in part by Monaco Telecom International (MTI) and TeliaSonera, Roshan brings international expertise to the country and is committed to the highest standards of network quality and coverage for the people of Afghanistan.