Risk management and analytics expert Neural Technologies has won a contract with StarHub to supply a new fraud management system.
The deal is valued at some $1 million and is the first strategic collaboration between Neural Technologies and StarHub.
StarHub needed a replacement for its fraud management system and ran a competitive tender which Neural won.
The new supply agreement with Neural Technologies will provide comprehensive protection against a broad range of fraud types throughout StarHub’s entire business.
Neural Technologies’ solutions are focused on investigating and analyzing fraud activities via a single, flexible platform. They are interoperable with the industry’s most popular business tools and common IT platforms.
StarHub is expected to benefit from both Neural’s expertise in minimizing financial risks for businesses as well its unique pricing model which provides customers with software version upgrades for free.