The startup offers a fraud detection system tailored for telecom companies, employing sophisticated algorithms to analyze traffic patterns and identify fraudulent activities. This solution minimizes revenue loss by effectively mitigating the impact of fraud on telecom operations.
Funding
$150K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Telecom companies face significant revenue loss due to various fraudulent activities, including SIM box fraud, bypass fraud, and SMS spam, which are often difficult to detect with traditional methods. Poor voice and SMS route quality also leads to customer dissatisfaction and financial losses. Existing fraud detection systems often require complex integrations and may not be effective against evolving fraud techniques.
Solution
PingOcean offers an automated, cloud-based solution for revenue assurance in the telecom industry, utilizing a global network of live subscribers to detect and prevent fraud and ensure service quality. The platform provides real-time testing of voice and SMS routes, data quality, and eSIM roaming services, remaining invisible to fraudsters' filters. By leveraging live subscribers on mobile networks, PingOcean can identify SIM box fraud, bypass fraud, telecom spam, and banking scams without requiring any integration with the telecom operator's existing infrastructure. The system provides independent management of test campaigns through an online portal, enabling operators to proactively identify and address vulnerabilities in their networks.
Target Audience
The primary target audience includes telecom operators, MVNOs, and other communication service providers seeking to minimize revenue loss from fraud and ensure high service quality for their subscribers.
Features
- Voice Fraud Detection: Intelligent test call system detects SIM Box and bypass fraud using live subscribers.
- SMS Fraud Detection: Network of OTT testing services detects SMS SIM Box and bypass fraud, testing A2P and P2P routes.
- Voice Routes Quality Testing: Live subscribers and fixed networks test voice route quality, detecting contractual violations and technical deviations.
- SMS Routes Quality Testing: Detects increased SMS delivery time in less than one second using live subscribers on foreign mobile networks.
- DATA Quality Testing: Tests internet service for subscribers, checking traffic consumption and site loading speeds.
- eSIM Roaming Testing: Checks the quality of internet, voice, and SMS routes remotely using eSIM numbers in roaming.
- Telecom SPAM Detection: Detects SPAM numbers in real-time from live subscribers, blocking unwanted ads and scams.
- Banking SCAM Detection: Provides real-time protection against bank fraud by detecting and blocking fraudulent calls.
- Online portal for independent management of test campaigns.