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Equinox Partners with XConnect to Enhance Its Fraud Identification and Prevention Capabilities

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Tim Ward – SVP, Numbering Information Services at XConnect.

London, UK, 20 October 2020 – XConnect, a provider of world-class numbering intelligence solutions, and Equinox Information Systems, a global provider of software solutions for the telecommunications industry, are working in partnership to reduce the impact of telecom fraud by blocking International Revenue Share Fraud (IRSF) attacks before they even start. The collaboration bolsters Equinox’s fraud management solution, Protector, with XConnect’s Global Numbering Intelligence, to provide carriers with the ability to monitor and filter fraudulent traffic in real-time. 

Equinox’s Protector, the most installed fraud management system in the U.S, is able to stop IRSF through identifying suspicious network activity. IRSF occurs when originating calls are directed to an ‘unallocated’ number and rely on an inside job where traffic is redirected to high-cost destinations. Adding XConnect to its portfolio will strengthen Equinox’s offering that helps customers distinguish communications fraud from legitimate customer usage, helping combat even the newest schemes.

“There are 250 country codes with millions of ranges that are inactive per country. Fraudsters have a lot of inventory for their man-in-the-middle attacks that cost carriers billions of dollars per year. We provide critical intelligence that enhances Equinox’s fraud management capabilities and helps its customers to stop IRSF losses,” said Tim Ward – SVP, Numbering Information Services at XConnect. “Together with Equinox, we are helping to fight telecom fraud in its various forms and enabling customers to react in real-time.”  

The Protector solution enables real-time data integration and analytics to proactively prevent fraud losses. It resolves cases intelligently with options ranging from automated disabling of the number to configuration changes.

“XConnect’s Global Numbering Intelligence adds unique data sets to our platform and expands our ability to identify and prevent IRSF. Globally, telecom fraud costs companies nearly $30 billion every year and highly curated number intelligence is a key weapon in the fight against it. Our customers benefit from real-time fraud prevention that stops fraud losses and increases profitability,” said David West – EVP at Equinox. “Working with XConnect enables us to differentiate our offering and deliver a data-rich solution for our carrier customers. As methods of telecoms fraud change and evolve, we’re advancing our platform through collaboration to deliver new ways to protect our customers’ revenue.”

XConnect’s Global Numbering Intelligence supports a simple and data-driven approach to mitigating the risk of fraud through prevention and detection. Equinox customers will gain access to XConnect’s Global Numbering Intelligence which provides up-to-date number information that is used to recognise fraudulent number ranges. XConnect continually updates, refines and optimises its telecoms data to maximise effectiveness for customers.   

About XConnect

XConnect consolidates, maintains and delivers trusted telephone number intelligence to world leading telecommunication service providers.  XConnect processes information from hundreds of different global datasets and ensures that customers solve routing, validation and fraud challenges in real time.

XConnect’s Information Services are used for voice and messaging routing, fraud protection and to identify and validate insights. They also support the deployment and evolution of next-generation communications, such as VoLTE and RCS. 

XConnect’s Number Information Services are accessed through its global distributed hybrid cloud platform using simple, secure, scalable real-time protocols and APIs. 

About Equinox

Since 1986, Nashville-based Equinox Information Systems has helped telecom customers around the world address profitability and network efficiency issues. Currently processing 2 billion customer records a day, Equinox has helped companies in all telecom sectors protect and optimize their revenue. 

Besides fraud management, Equinox also offers data mediation, usage analytics, revenue/ expense management, routing assurance, network analysis, and custom application development solutions. The company currently serves every sector of the telecom industry, including cable/MSOs, wireless, wireline, rural independent, CLEC, UCaaS/hosted VoIP, wholesale, and conference calling providers.

We’re a diverse group of industry professionals from all corners of the world. Our desire is to provide a high-quality telecoms publication that caters to an international market, offering the latest and most relevant telecoms information to businesses, entrepreneurs and enthusiasts.

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Monty Mobile: The First Company in the Middle East & Africa to Provide 5G End-to-End Solutions for Telcos

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5G End-to-End Solutions for Telcos

Monty Mobile provides an in-house, cost-effective, well-optimized 4G+ and 5G end-to-end wireless solution serving both small and large-scale mobile and fixed operators targeting both urban and rural areas.

Moreover, operators are offered flexible payment plans for up to 5 years, first payment after 3 years, helping them stay ahead of their competitors.

This on- cloud solution guarantees improved scalability, mobility and security in addition to great savings on both CapEx and OpEx.

With this solution, Monty Mobile is introducing an alternative to Tier1 Telecom Suppliers such as Ericsson, Huawei, Nokia, and ZTE.

“The best is yet to come; stay connected!”, says Mountasser Hachem, Founder & Chairman of Monty Mobile.

More details regarding this full end-to-end solution will be disclosed in the Inside Telecom magazine next month in an exclusive interview.

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Africa’s Leading Independent Telecommunications Services Provider, Phase3 Telecom moves onto Digital Connectivity Enterprise in Nigeria and West African Sub-region

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The upgrades will cover security features, performance enhancements. agile update capacity and quality delivery mechanisms.

ABUJA, Nigeria, March 10, 2022: Africa’s leading independent aerial fiber optic network infrastructure and telecommunications services provider, Phase3 Telecom, is enabling advanced digital connectivity, improved performance and enhanced network security for enterprise. This drive is targeted at cost efficient and unified network endpoint management for businesses in Nigeria and the West African sub-region.

This development is also designed to amplify Phase3 enterprise value active network deployments for MSMEs, large scale corporates and institutions.

According to the company’s executive chairman – Stanley Jegede, “this expansive service optimization is targeted at improved coverage on Phase3 network routes through Africa as well as to assure solutions that help businesses  transform and scale seamlessly.

He says, “Phase3 current network upgrades is an ongoing exercise and will cover security features, performance enhancements, agile update capacity, and quality delivery mechanisms for enterprise segments. Especially in the areas of productive work-from-anywhere or do-business-from-anywhere and digitized remote connectivity solutions”.

In addition to the company’s focus to increase enterprise based networks data handling capacity and their capability to access data within dissimilar sources faster vis-a-vis smarter, as today’s global clime demands.

Jegede, in his concluding statement says, “Phase3 layered digital capabilities will both enhance Phase3 network architecture and compliment legacy connectivity service experience in remote locations with significant Phase3 presence and network access points.

About Phase3 telecom

Phase3 Telecom is a leading independent fiber optic infrastructure with Points-of-Presence (POPs), colocation, and NOCs in Nigeria. Issued a National Long Distance Operator (NLDO) license in 2003 by the Nigerian Communications Commission (NCC), and with a vibrant as well as a dedicated team of experienced professionals, we are the network of choice for high-performance, data-intensive and low latency connectivity that span dedicated internet access, MPLS VPN, metro ethernet, wide area network solutions etc. We currently operate across the ECOWAS region and international markets through strategic partnerships that allow us to connect our clients across 400 cities worldwide. And ours is an extensive and secure network with end-to-end capabilities that service providers and businesses can rely on to scale, manage costs and assure efficiency. As our network continues to evolve into other layered service streams, including cloud-based and network security solutions – our invaluable clients will continue to remain the core of every investment that we make; innovation that we create; and technology that we adopt during the 4th industrial revolution to position us as the network of the future.

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Digital Therapeutics Revenue from Health Insurers to Reach $8 Billion Globally by 2026

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Hampshire, UK – 14th March 2022: A new study from Juniper Research has found that digital therapeutics revenue from health insurers will increase to $8 billion by 2026, up from $1.1 billion in 2022; representing a growth of 610 percent over the next four years. Digital therapeutics are clinically validated software programs for the treatment of chronic medical conditions, either independently or in conjunction with other therapies.

The report found that digital therapeutics facilitate the proactive mitigation of chronic medical conditions before they require costly interventions; enabling health insurers to reduce long-term costs per patient. However, it highlighted that these savings will be limited to health insurers in developed regions, where consumer devices and digitalized health infrastructure are ubiquitous. As such, it noted that health insurers in Africa and Latin America will contribute less than 2 percent towards health insurer-led digital therapeutics revenue in 2026.

A new research, Digital Therapeutics & Wellness: Key Trends, Business Models & Market Forecasts 2022-2026, identified that insurers will also benefit from an ongoing shift among digital therapeutics vendors towards engagement- and results-based payments. It recommends that therapeutics providers looking to leverage this trend prioritize the development of performance benchmarks, as demonstrating improvement and preventing patient abandonment will become a direct monetary issue.

Machine Learning to Move into Advisory Role as Liability Issues Emerge

The report forecasts that the number of people using digital therapeutics will increase by 381% over the next four years, and recognizes that machine learning will be key to this growth by facilitating advanced data analytics, remote patient monitoring, and real-time conversational coaching. However, it cautioned that an ongoing lack of standards surrounding the use of machine learning within digital therapeutics will result in vendors limiting its role in their offerings.

Research author Adam Wears explained: “As developers and healthcare providers increasingly grapple with issues of liability and malpractice, machine learning will transition from a patient-facing role to a diagnostic tool offered through provider-facing dashboards; to be used by clinicians and specialists in a manner akin to traditional computer-aided diagnostics.”

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