Subex Secures $0.83M AI Fraud Management Deal in North America
Filing Summary
Subex Ltd has announced a new contract with a North American AI and data transformation specialist, valued at approximately USD 0.83 million. The three-year engagement involves deploying Subex’s FraudZap solution to assist telecom operators in managing subscription and handset fraud. This international deal marks a significant step for Subex in expanding its AI-driven telecom solutions. The contract does not involve any related party transactions, and there is no interest from the promoter group in the awarding entity.
Subex Ltd has secured a contract with a North American AI and data transformation specialist. The agreement involves deploying Subex’s FraudZap solution to provide subscription and handset fraud risk assessment services to telecom operators in the region. This engagement spans a period of three years and represents a new logo win for Subex.
The financial terms of the contract are valued at approximately USD 0.83 million. The deal is structured as an international engagement, with no involvement of related party transactions. The promoter group of Subex has no interest in the entity awarding the contract.
The scope of the contract includes the deployment of Subex’s FraudZap, an AI-powered solution designed to tackle subscription and handset fraud. The solution enables telecom operators to identify high-risk activities early and take timely action to protect revenues while maintaining a smooth customer experience. FraudZap offers a scalable, low-latency approach to mitigating fraud, providing a lightweight, plug-and-play solution that is quick to deploy and easy to run.
The contract is part of Subex’s strategy to expand its presence in the telecom fraud management space. The deployment of FraudZap in North America is a significant milestone for Subex, highlighting its commitment to leveraging AI technologies to address fraud challenges in the telecom industry. The solution is designed to help Communications Service Providers (CSPs) manage risks and ensure frictionless operations through AI-led automation.
The engagement is set to be executed over a period of three years. This timeline allows for the comprehensive deployment of FraudZap and the establishment of fraud risk assessment services for telecom operators in North America. The contract is a testament to Subex’s expertise in providing AI-driven solutions to the telecom sector.
Subex is a telecom AI solutions company focused on enabling CSPs to deliver connected experiences. Founded in 1994, Subex has over 30 years of experience in helping CSPs maximize revenue and profitability. The company is at the forefront of leveraging AI to build intelligent connected ecosystems, with a portfolio that includes Business Assurance, Fraud Management, and Partner Ecosystem Management. Subex’s solutions aim to mitigate revenue leakage, combat emerging fraud, and strengthen partner settlements in an AI-native environment.