LUXEMBOURG -- MACH, the leading provider of cloud-based communication services, today announced that a tier 1 European telecoms operator has selected the MACH Fraud Management Solution to help drive down fraud across its fixed network. The deal represents major new business for MACH in the fraud protection space, closely following its purchase in June last year, and successful integration, of fraud management specialist, Optel Informatik.

Once implemented, this will become the largest fraud management system in Europe in terms of the volume of data analysed. MACH Fraud Management Solutions will be responsible for analysing data from around 2.5 billion transactions per day across more than 60 million subscribers. The tier 1 operator will benefit from near real-time alerts on potential fraudulent behaviour, allowing it to react quickly to fraud risks, thereby reducing losses from fraud.

MACH