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FICO and LigaData Bring Decision-as-a-Service to Telcos

August 29, 2023
in DeFi
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FICO and LigaData have partnered on a decision-as-a-service instrument.

The 2 will make the brand new capabilities obtainable to telecommunications companies in Africa, the Center East, and Asia.

The choice-as-a-service options suite consists of cellular lending, worth optimization, collections optimization, subscriber segmentation, and fraud detection for communications service suppliers.

Information and analytics agency FICO and large information analytics firm LigaData have come collectively in a transfer to convey decision-as-a-service capabilities to telecommunications companies in Africa, the Center East, and Asia.

The 2 California-based firms will provide options that leverage information to assist telcos enhance revenues, lower prices, and increase their choices. Instruments included within the decision-as-a-service options suite are cellular lending, worth optimization, collections optimization, subscriber segmentation, and fraud detection for communications service suppliers.

“Collectively we plan to additionally assist communications service suppliers grant loans in rising markets, making it simpler for customers whereas growing the digitization of the economic system,” mentioned FICO Vice President of International Companions & Alliances Alexandre Graff.

FICO and LigaData envision that the instrument will assist telcos add new income streams and finally increase monetary inclusion in rising markets. “Our partnership with FICO will give communications service suppliers new instruments to increase and compete in a data-driven market,” defined LigaData CEO Bassel Ojjeh. “As well as, we might be bringing to market new options that may assist communications service suppliers serve the big variety of unbanked and underbanked communities in Africa, the Center East, and Asia.”

LigaData’s identify follows the naming conference of main soccer groups reminiscent of Bundesliga, La Liga, and Liga MX and is a reference to the corporate’s league of information specialists. LigaData provides two most important merchandise, Information Material, which helps telcos leverage information higher perceive their prospects by breaking down silos, and Flare, which serves as a decisioning engine that breaks down the information to offer operational and subscriber insights. These options are utilized by over 30 cellular community operators, supporting over 350 million subscribers all over the world.

Based in 1956 and headquartered in California, FICO provides decisioning instruments utilized by greater than 650 purchasers, together with 9 of the highest 10 U.S. banks and eight of the highest 10 EMEA banks. The corporate was lately named Greatest Know-how Supplier for Information Analytics on the 2022 Credit score Awards, and was recognized as a pacesetter in The Forrester Wave: AI Decisioning Platforms, Q2 2023 report.

Photograph by Ketut Subiyanto

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Tags: BringDecisionasaServiceFICOLigaDataTelcos
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