As the reach and impact of mobile money increases, so too do the risks. Versassure helps telecom operators keep track and audit the complete mobile money infrastructure from subscribers to dealers to transactions. It provides a complete set of controls that can cover every aspect of the Mobile Money business: including fraud detection and compliance.
The module will provide real-time detections for various types of Mobile Money fraud such as:
- Money laundering
- False transactions
- Dealer Fraud
- Registration Fraud
- Internal fraud
Powered by Near Real-Time Analytics, Machine Learning, and Big Data capabilities, LATRO’s Versassure is the most advanced and versatile analytics solution available for RAFM professionals in the market today.
Versassure™
Keep track and audit for complete visibility into your mobile money platform
Versassure provides a complete view of Mobile Money activities for all stakeholders in the Mobile Money platform from deposit, withdrawal, peer-to-peer transfers, utility & merchant payments, overall balance, and transaction trends. The module will provide full visibility about agents’ network, commissions & margin assurance, and MM platform Balance Movement.
Protect your subscribers from SIM-Swap Fraud
SIM-Swap is a common way of defrauding a subscriber by stealing their mobile numbers and mobile money fraudsters often use this to steal money from legitimate user accounts. Versassure can detect and prevent SIM-Swap fraud.
Get real-time detections of discrepancies and mobile money fraud
Versassure can provide real-time detections of any sort of illegal activity on the mobile money network including, money laundering, false transactions, dealer fraud, registration fraud and internal fraud. The subscription assurance module will provide controls to monitor the assurance of KYC compliance and report for any discrepancies.
Leverage pre-configured risk controls available out-of-the-box
LATRO offers prebuilt risk controls that address mobile money management. The module provides insights, KPIs, and controls to cover the entire business aspects of Mobile Money service for different departments, including Marketing, Finance, Compliance, Revenue Assurance, and Fraud Management.
Utilize interactive dashboards
All data is processed and presented in an intuitive graphical dashboard that displays interactive data visualizations. Customizable alarms and notifications can be configured to meet the requirements of different teams and networks.
Choose your deployment
Versassure gives you the flexibility to choose how you want your Revenue Assurance system to be deployed to best suit your business needs and budget – on-premise, private cloud, hybrid cloud, or public cloud. Our experts will work with you to understand your business, legal and technical requirements.
Download the Versassure Datasheet
Want to know more?
Request a demo or speak to one of our experts
You can set up a call with one of LATRO’s specialists to review your Revenue Assurance readiness and recommend the right risk controls for your business.
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