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Neural Technologies becomes the world’s first Fraud Management System to Automatically Connect to RAG’s Industry-Leading Wangiri Fraud Intelligence Exchange

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Neural Technologies, a long-established sponsor of the Risk & Assurance Group, and a leading international provider of Revenue Protection, Digital Transformation and Data Analytic solutions to the telecommunications industry, has integrated its Optimus Fraud Management System (FMS) with the blockchain that powers RAG’s Wangiri fraud intelligence exchange. As a consequence, all Communication Service Providers (CSP) using Optimus Fraud Management will be able to seamlessly add and retrieve information about Wangiri fraud attacks to and from the industry’s most comprehensive real-time fraud database.

As a partner member of the RAG Wangiri Blockchain Consortium, Neural Technologies will provide its customers with easy access to the distributed and secure blockchain ledger of fraudulent Wangiri calls dialed worldwide. CSP’s across the world have already joined the consortium. Giving CSP’s access to the consortium ledger via one of the industry’s most popular fraud management systems will further accelerate the adoption of this vital anti-fraud collaboration.

Martin Laesch, CTO of Neural Technologies, explained why they enhanced Optimus to make it even simpler for CSP’s to share what they know about Wangiri fraud.

“By integrating our award-winning Optimus solution with the Wangiri fraud intelligence exchange, we can offer effective communication which assures the Revenue Protection of several leading CSP’s at low cost. By debuting the implementation of our innovation through a network of organizational synergy such as the Blockchain Consortium, the movement towards full-coverage security can be driven at a much faster pace. This will accelerate the protection rate of key players, allowing us to better-achieve our goal of reinforcing business security as efficiently as possible,” Laesch stated. “With many customers already interested in our solution, we are glad to be able to pioneer the integration effort to boost ecosystem security and stability. Further, we are pleased to help RAG, and the industry to continue to innovate and fight fraud globally,” he continued.

Eric Priezkalns, Chief Executive of RAG, commented:
“We are grateful to Neural Technologies for giving such a high priority to integrating Optimus Fraud Management with the RAG Wangiri Blockchain, and thus facilitating their customers in joining this rapidly growing initiative. Neural Technologies have a peerless reputation for the technical excellence of their products, and they also possess a long track record of working with CSP’s to combat fraud. The value they see in making the RAG Wangiri Blockchain easily accessible to their customers is validation of an initiative that sought to use new technology to enable anti-fraud cooperation between CSP’s and vendors on a scale we have not previously seen.

Neural Technologies has been a loyal supporter of RAG’s nonprofit work, so we had high hopes about their joining the RAG Wangiri Blockchain Consortium. However, the speed with which they have connected their fraud management product has exceeded our most optimistic forecasts. This demonstrates the quality of their engineering team, and their commitment to dealing with a wave of fraud that causes a great deal of harm to CSP’s and customers alike. We are thrilled to have Neural Technologies as partners in our efforts to put Wangiri fraudsters out of commission.”

For further details on Neural Technologies’ world first integration, please contact [email protected].

Neural Technologies brings accord and insight to an open digital world. Optimus, from Neural Technologies, can assist the enterprise in successfully digitizing its various business processes in the areas of Revenue Protection, Digital Transformation and Customer Experience using its Artificial Intelligence and Machine Learning techniques. Neural Technologies has a global presence with customers in 45 countries worldwide delivering solutions in Fraud, Credit Risk, Charging, Mediation, Analytics, Orchestration, Revenue Assurance, IoT, Dunning and many more. Founded in 1990, the company has built an international reputation for providing award-winning solutions to increase the bottom-line for its customers around the globe.

The Risk & Assurance Group (RAG) is dedicated to improving the practice of risk management, business assurance, fraud management and security within the providers of electronic communications services. RAG is a not-for-profit corporation run by experts in the field of risk and assurance within CSP’s. Its goal is to facilitate the education and networking of professionals in order to improve standards of performance, reduce waste, and better serve customers. Practitioners may attend our events and access our online services free of charge; financial support is provided by specialist vendors with an interest in highlighting the importance of the work done in this field, and in expanding its remit.

Source: RealWire

RealWire is an award-winning online press release distribution service with over 15 years of experience, and is first choice for many of the UK’s top agency, freelance and in-house PR professionals. RealWire’s service can increase your story’s coverage and improve your online visibility. The UK’s leading innovator in press release distribution, RealWire introduced the Social Media News Release in 2007 and relevance targeting system PRFilter in 2010.

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Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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