Dublin's Xintec clinches major contract

Irish fraud protection company Xintec has signed a major deal with one of the world’s leading data clearing houses that will see its new fraud detection software provided to more than 80 mobile operators across the world.

The partnership comes hot on the heels of the Dublin-based firm launching its FraudStrike software designed to help mobile operators tackle a €10bn a year International Revenue Share Fraud — IRSF — issue just last week.

Under the deal, Xintec will supply the software to Emirates Data Clearing House, EDCH, which will see it used by more than 80 mobile operators across the Europe, Middle East and Africa regions.

“FraudStrike offers us unparalleled benefits to help protect our customers from IRSF and major unnecessary revenue losses. It’s easy and quick to install and provides instant results, making it easily accessible for our customers,” said Hani Ghibeh of EDCH.

Xintec general manager Rob Durran said he was delighted to have signed the partnership agreement which capped a very positive week for Enterprise Ireland client companies at Mobile World Congress in Barcelona.