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Analyticsindiamag

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AI vs Fraud: How Telecom Giants Are Outsmarting Scammers

  • Telecommunications firms are grappling with AI for fraud detection and prevention.
  • Virgin Media O2’s AI-generated grandmother, Daisy, keeps fraudsters engaged—effectively turning the tables on scammers by using their tactics against them.
  • Telecom fraud causes not only financial losses but also erodes customer trust.
  • AI models now analyze billions of call detail records (CDRs) daily to detect complex patterns of fraud like SIM box fraud.
  • Device fraud revolves around purchasing high-end devices on installment plans and paying only one installment before disappearing.
  • Wangiri scams are another problem. Here, victims receive missed calls from premium numbers and are charged exorbitant fees when they return the call.
  • Legacy systems complement AI-driven solutions by providing foundational insights.
  • A hybrid approach that combines the stability of traditional systems with the adaptability of AI models is often preferred to ensure an effective way to address both traditional and emerging threats.
  • Fraud detection requires frequent model retraining.
  • The telecom industry loses $40 billion annually to fraud globally.

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Laketechnologies

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What Did Microsoft Ignite 2024 Reveal About the Future of Work?

  • Microsoft Ignite 2024 event introduced up-to-date AI-powered solutions for real-world problems faced by Microsoft users in terms of data protection, AI security, and complexities of hybrid work models.
  • Microsoft Copilot is an AI-powered assistant that automates tasks, generates content, and offers insights based on data from Microsoft Graph.
  • Microsoft Defender, Microsoft Entra, and Microsoft Purview are the AI-powered security tools that aim to make generative AI a potent ally in cybersecurity support efforts.
  • Microsoft Purview's updates such as Data Loss Prevention (DLP) for Microsoft 365 Copilot and Data Security Posture Management for AI solidifies data protection, preventing data oversharing, and providing better visibility into potential risks.
  • Microsoft Teams is further tailored after hybrid work models to solve Distributed Workforce Dilemma, creating a solution that optimizes in-office days and space managements that boost productivity.
  • Storyline, seamlessly integrated into Teams, further streamlines internal communications practices and fluidly avoids inconsistencies.
  • Expanding digital workspaces with Microsoft cloud solutions provide a seamless and secure Windows experience across all types of devices, including Windows 365 Frontline for flexible work environments.
  • Microsoft incorporated responsible use as the key foundation of Copilot and establishes a set of ethical guidelines preventing users from requesting unethical content.
  • Users can expect to be more productive and better use of their working day across all Microsoft platforms.
  • Microsoft is committed to driving innovation, prioritizing security, and user experience as they shape the future of work and technology through AI advancements.

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Alertify

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Dreampass Plus eSIM Feature: Travel Smarter

  • Trevolution Group has introduced the Dreampass Plus loyalty program with eSIM technology, aiming to enhance global internet connectivity for travelers.
  • Key features of Dreampass Plus include free eSIM access with 3GB of internet for 30 days, global coverage in over 140 destinations, convenient activation via QR code, and flexible top-up options.
  • eSIM technology eliminates the need for physical SIM cards, providing seamless activation, cost efficiency, multiple profiles, and environmental friendliness.
  • Dreampass Plus integrates into Trevolution Group's travel ecosystem, offering real-time updates, personalized offers, and rewards management.

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TechBullion

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The Role of Telecom in Driving IoT Adoption Across Industries

  • Telecom is playing a crucial role in enabling the growth of Internet of Things (IoT) across industries.
  • IoT devices wouldn’t work without a robust network and telecom infrastructure.
  • 5G networks have opened new avenues that were previously impossible, such as remote surgery in real-time.
  • Telecom operators are launching purpose-built IoT networks like Narrowband IoT (NB-IoT) and Low-Power Wide-Area Networks (LPWAN) for devices that need very little power and send small amounts of data.
  • Telecom is the backbone of connectivity, enabling scalability and driving industry-specific innovations.
  • The demands for IoT vary from industry to industry, and telecom companies are tailoring solutions to address these unique needs.
  • Telcos are helping to build smart cities, enable remote monitoring of patients in healthcare, and facilitate predictive maintenance in the industrial sector.
  • Telecom providers are addressing the challenges of security concerns, standardization and compatibility issues, using higher levels of security protocols, AI for detection and neutralization of threats, and collaborating globally for standard set of protocols.
  • Telecom providers are continuously innovating with technologies like 6G and satellite internet services such as Starlink to keep pace with the growing power and complexities of intelligent ecosystems.
  • As IoT continues to be adopted at breakneck speed across various industries, the IoT and telecom relationship will only become more and more symbiotic.

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Alertify

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IHG Credit Cards Boost Loyalty and Revenue Growth

  • IHG recently renewed and extended its collaboration with Chase until 2036, setting the stage for greater customer loyalty and engagement.
  • Key features of the co-brand agreements include long-term partnership, unique member benefits, and revenue generation through credit card usage.
  • IHG One Rewards program aims to reach 145 million members globally by the end of 2024, with loyalty members spending 20% more and being 10 times more likely to book through IHG's platforms.
  • These partnerships are expected to significantly lift IHG's financial prospects, with projected threefold increase in fees by 2028, upfront cash inflows, operating profit growth, and increased cardholder accounts and spending.

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Alertify

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Cisco and NTT DATA Launch Unified eSIM Solution for Seamless Enterprise Connectivity

  • Cisco and NTT DATA have partnered to transform global enterprise access to wireless connectivity through a unified solution.
  • To meet the surging demand for flexible and cost-effective connectivity, the solution will use eSIM technology, embedded in Cisco infrastructure solutions, and connect to NTT DATA's Transatel network.
  • Enterprises can easily manage their network needs, ensuring their networks are always connected and optimised for peak performance, benefiting from simple pricing plans across 180 countries.
  • With a focus on simplifying and streamlining the process of scale, the collaboration will enable a faster, more convenient way for these businesses to securely connect their organisations through an enhanced setup and provisioning process.
  • The initiative is looking to transform the digital experience for mobile workforces worldwide, impacting industries such as retail, manufacturing, hospitality and financial services.
  • Pioneering a new standard of enterprise connectivity and customer experiences, the Cisco and NTT DATA partnership sets out to deliver the future of connectivity today.
  • Empowering modern industries includes a focus on reducing downtime with self-provisioning connectivity solutions that enable secure deployments for remote locations.
  • According to Alejandro Cadenas, Associate Vice President at IDC and mobility, 5G and IoT lead in Europe, these advancements reflect the broader shift towards democratizing access to advanced connectivity solutions, making these essential for unlocking innovation and growth in a connected world.

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Alertify

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Hubby eSIM and Nezasa forge partnership to improve global travel experiences

  • Hubby, the eSIM provider, has partnered with Nezasa, a leader in travel itinerary management technology, to enhance global travel experiences.
  • Nezasa's B2B customers can integrate Hubby's eSIM solutions, offering seamless connectivity and improving the overall travel experience.
  • The partnership allows Nezasa's customers to offer eSIMs as a free add-on or a paid upsell to increase basket size.
  • Including Hubby's eSIM in a travel package has shown to increase brand loyalty and customer satisfaction.

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Alertify

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Best Roaming Vendors Revealed by Kaleido Intelligence

  • Kaleido Intelligence has unveiled its Roaming Vendor Hub 2024, identifying the top players in this competitive market for roaming services.
  • The study involved over five months of evaluate, with 61 separate vendors assessed in nine product and service categories.
  • 32 vendors were championed, including BICS, Mobileum, Comfone and TOMIA, reflecting their product offerings and service quality.
  • The report evaluates nine vital categories to ensure that chosen vendors excel in areas that matter most to mobile operators.
  • The champions identified are adapting to 5G technology and IoT devices, innovating to meet evolving needs.
  • Kaleido's report recognizes the transformative impact of innovative roaming vendors and the importance of quality and innovation in telecommunications.
  • The future of roaming services promises exciting opportunities for both vendors and mobile operators to capitalize on new technologies and market demands.
  • BICS was recognized in multiple categories, demonstrating its commitment to global connectivity.
  • Telefónica Global Solutions is breaking barriers in global connectivity through innovative services.
  • Syniverse was once again scored as the overall leader across all product categories.

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Alertify

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Paramount Business Jets Now Accepting Cryptocurrency for Private Jet Charter Payments

  • Paramount Business Jets now accepts cryptocurrency as a payment method for private jet charters
  • Clients can pay using major cryptocurrencies such as Bitcoin, Ethereum, and USD Coin
  • Benefits of paying with cryptocurrency include speed, global accessibility, enhanced security, and flexibility
  • Paramount Business Jets aims to meet clients' evolving needs and maintain its position in private aviation

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Telecomtalk

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Capgemini Expands Intelligent App Factory on Microsoft Azure, Partnering with Mistral AI

  • Capgemini expands its Intelligent App Factory on Microsoft Azure in collaboration with Mistral AI and Microsoft.
  • The partnership aims to accelerate the adoption of generative AI technologies, delivering custom AI solutions for regulated industries.
  • Key areas of focus include Gen AI adoption, cost efficiency and security, and expansion in North America.
  • The collaboration combines Mistral AI's language models, Microsoft Azure AI Studio, and Capgemini's generative AI transformation capabilities.

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Telecomtalk

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Du Completes Live Transport Network Slicing Trial in UAE with Nokia

  • Du has completed a network slicing trial with Nokia, which is claimed to be the UAE's first live transport slicing deployment.
  • Network slicing enables operators to allocate resources dynamically based on demand and traffic patterns, leading to improved efficiency and service quality.
  • The trial is expected to contribute to better monetization opportunities for du by reducing energy consumption and improving overall service quality.
  • Nokia's network slicing technology aligns with du's vision of being an AI enabler and plays a crucial role in optimizing resource allocation in real-time.

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Alertify

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KLM Partners with Kolet for eSIM Solutions – Get 1GB Free

  • KLM Royal Dutch Airlines partners with Kolet to offer eSIM solutions, providing affordable and reliable data coverage in over 190 countries.
  • Customers can install the Kolet eSIM on their smartphone and choose the desired data bundle, avoiding high costs of data roaming.
  • New customers can enjoy a free trial offer of up to 1GB of free data valid for two days and a 10% discount on all Kolet data bundles.
  • Flying Blue members earn 10 Miles for every euro spent on Kolet data bundles, and can pay with Miles through the Flying Blue+ integration.

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Alertify

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Telecom Consolidation and Europe’s Digital Competitiveness

  • Consolidation strategy is crucial for the telecom industry in Europe to remain at the forefront of technological innovation and enhance digital competitiveness.
  • Proponents of consolidation argue that a concentrated market can enhance network performance and drive significant investments.
  • Countries with just three mobile operators deliver superior network performance, outpacing their counterparts in more fragmented markets by 56%.
  • Consolidation carries the risk of diminishing consumer choice. Smaller operators or niche players often drive innovation, catering to specific market segments.
  • Another critical risk of telecom consolidation is the concentration of consumer data in the hands of a few dominant companies, creating potential concerns about data privacy, market power, and consumer protection.
  • In rural areas, consolidation might not lead to the same benefits seen in urbanized areas, thus tailored approaches that account for local economic and infrastructure conditions will be key to ensuring the success of consolidation in diverse European markets.
  • Europe needs a robust and adaptive telecom strategy that accounts for the fast-changing technological landscape and ensures the region remains competitive in the global market.
  • Telecom consolidation isn't a blanket solution for every market, and policymakers should encourage network sharing, create investment incentives and tailor regulations based on each market's unique characteristics.
  • A balanced telecom strategy that promotes healthy competition embraces innovative practices and protects consumers could be the key to unlocking Europe's full digital potential.

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Telecomtalk

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Snowflake and Anthropic Partner to Bring Claude Models to AI Data Cloud

  • Snowflake has partnered with AI firm Anthropic to enhance its cloud services by integrating Anthropic’s newest Claude 3.5 models into Snowflake’s Cortex AI platform.
  • This partnership will enable businesses to develop and deploy cutting-edge AI products and workflows with advanced AI capabilities through Snowflake's full managed AI service offering generative AI features on Amazon Web Services.
  • Claude 3.5 will enhance Snowflake’s AI services like conversational data assistants, coding copilots, and unstructured data analytics.
  • The partnership allows businesses to build cutting-edge AI applications using the model of their choice with the ease, security, and governance of the Snowflake platform.
  • The integration combines Claude's reasoning and problem-solving capabilities with Snowflake's governance and security framework, allowing enterprises to unlock even more value from their data.
  • Snowflake will provide access to Anthropic’s latest models so customers can build cutting-edge generative AI apps, copilots, agents, and more.
  • This partnership aims to address AI readiness, providing enterprises with streamlined access to Claude's capabilities while ensuring compliance and data security.
  • As part of the partnership, Snowflake has raised its annual product revenue forecast and committed to using Claude as one of the key models powering its AI product offerings.
  • Snowflake’s enterprise AI products and chatbots will come optimised for Claude out-of-the-box, enabling users to reduce time-to-market with industry-leading accuracy and scalability.
  • The Cortex Playground, now in public preview, lets businesses test and compare Claude alongside models from other providers, including AI21 Labs, Google, Meta, Mistral AI, Reka, and Voyage AI.

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TechJuice

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PTI Urges Elon Musk for Starlink to Address Internet Connectivity in Pakistan

  • The Pakistan Tehreek-e-Insaf (PTI) appeals to Elon Musk to introduce Starlink internet services in Pakistan.
  • PTI believes Starlink is the solution to the ongoing challenges faced by consumers in accessing reliable internet.
  • The Pakistani government has temporarily suspended mobile phone and internet services in certain areas to prevent disruptions during a nationwide demonstration.
  • Starlink, owned by SpaceX, is a well-known provider of satellite broadband services but is yet to receive the license to operate in Pakistan.

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