Verify’s Fraud Management system has adopted a dual-layer approach: fraud prevention and fraud detection. Both layers of the Verify approach take advantage of core Verify Systems developed technology and operations. Verify delivers fraud management services that are customized to each customer’s needs.
The prevention layer is designed to stop any call that fails the fraud-related business rules before it incurs any telecom service related costs. This is the front line of the Verify fraud approach. Prevention methods must be applied call-by-call at the time the call request is received within the signaling stream and before routing occurs.
The detection capabilities are used as a backstop against fraud activities, investigative reporting to identify perpetrators and, where manual steps must be taken, a means of interacting with operators and customers to authorize traffic or modify existing business rules.
Verify Fraud Management works in tandem with other products and services as required by our customers to provide a cohesive operating environment. This ability to work alongside or in conjunction with complementary products leverages our customer’s previously purchased products and established operations which allow for a less complicated transition to new ways of solving increasingly widespread problems.