{"id":18718,"date":"2021-07-19T12:04:19","date_gmt":"2021-07-19T12:04:19","guid":{"rendered":"https:\/\/finbraine.com\/?p=18718"},"modified":"2024-03-19T10:00:32","modified_gmt":"2024-03-19T10:00:32","slug":"transforming-the-telecos-with-the-power-of-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/finbraine.com\/es\/transforming-the-telecos-with-the-power-of-artificial-intelligence\/","title":{"rendered":"Transforming The Telecos With The Power Of Artificial Intelligence"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"18718\" class=\"elementor elementor-18718\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4e0b365c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4e0b365c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-364bcf19\" data-id=\"364bcf19\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d162b9d elementor-widget elementor-widget-image\" data-id=\"d162b9d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"443\" src=\"https:\/\/finbraine.com\/wp-content\/uploads\/2021\/07\/blog1.png\" class=\"attachment-full size-full wp-image-18719\" alt=\"\" srcset=\"https:\/\/finbraine.com\/wp-content\/uploads\/2021\/07\/blog1.png 800w, https:\/\/finbraine.com\/wp-content\/uploads\/2021\/07\/blog1-300x166.png 300w, https:\/\/finbraine.com\/wp-content\/uploads\/2021\/07\/blog1-768x425.png 768w, https:\/\/finbraine.com\/wp-content\/uploads\/2021\/07\/blog1-440x244.png 440w, https:\/\/finbraine.com\/wp-content\/uploads\/2021\/07\/blog1-600x332.png 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6377517 elementor-widget elementor-widget-heading\" data-id=\"6377517\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Transforming The Telecos With The Power Of Artificial Intelligence<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d3b41f elementor-widget__width-inherit elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"1d3b41f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The telecommunication industry is going through a massive transformation phase of development, mainly to equip itself per the latest technological demands and customer needs. While this has given the industry a lot of opportunities, the telecos around the globe are facing a lot of challenges. Moreover, to gain a competitive edge, they need to emphasize providing personalized solutions to their customers.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3118282 elementor-widget elementor-widget-spacer\" data-id=\"3118282\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb69d0d elementor-widget elementor-widget-heading\" data-id=\"bb69d0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Top Challenges Of The Telecom Industry<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4bde920 elementor-widget__width-inherit elementor-widget-mobile__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"4bde920\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Some of the major challenges faced by telecos today include:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Inconvenient telco system<\/b><span style=\"font-weight: 400;\"> &#8211; The requirement to upgrade their infrastructure to focus more on providing high quality, reliable and affordable data, and voice services. With the security of the networks becoming the major priority, they are facing new threats powered by the latest technologies. Therefore, several technical and operational innovations are needed to meet customer expectations of complete security from the network to the device level.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Fewer resources &#8211; <\/b><span style=\"font-weight: 400;\">The need for automated resources and tools to offer customized solutions and operational support services such as order fulfillment, billing, and customer care.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>No fraud prevention system<\/b><span style=\"font-weight: 400;\"> &#8211; Need for identity verification to reduce high fraud risk. With SIM card fraud seen as a growing concern among mobile users, telecos are looking to explore online boarding of new prepaid SIM users as a means to save onboarding time and cost, and enhance the overall customer experience. However, this online onboarding comes with its own risk of dealing with customers who might be using fake identities.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd05d03 elementor-widget elementor-widget-spacer\" data-id=\"dd05d03\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3c94af elementor-widget elementor-widget-heading\" data-id=\"f3c94af\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Value Added By AI In Telecom Sector<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1beab46 elementor-widget elementor-widget-text-editor\" data-id=\"1beab46\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Instant data push\/pull<\/b><span style=\"font-weight: 400;\"> &#8211; Today\u2019s telecommunication service providers are facing increasing demands for better customer experience and higher quality services, leading them to capitalize on opportunities posed by the vast amount of data captured from the massive customer base. This data is pulled from networks, devices, mobile applications, billing data, and so on. Leveraging the power of AI, telcos are analyzing this data to extract actionable insight and provide better customer experience, increase productivity and improve operations.\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Real-time SIM issuance<\/b><span style=\"font-weight: 400;\"> &#8211; <\/span><a href=\"https:\/\/www.idc.com\/\"><span style=\"font-weight: 400;\">IDC<\/span><\/a><span style=\"font-weight: 400;\"> indicates that around 63.5% of operators are investing in AI systems to improve their infrastructure. AI-driven analytics is helping them to predict the future based on historical data. Robotic Process Automation (RPA), a form of business process technology based on AI, is helping telecos to manage their back-office operations and a large volume of repetitive, rules-based actions. By streamlining complex, labor-intensive, time-consuming processes such as customer onboarding, billing, etc. RPA frees up staff for higher value-added services.\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Real-time ID verification<\/b><span style=\"font-weight: 400;\"> &#8211; To tackle telecom fraud, real-time identity verification services are seen to be offering invaluable aid. Effective fraud coverage is possible with a combination of rules and applied AI and ML technologies, using which companies can detect anomalies and make informed decisions. Furthermore, the immense amount of unsecured data flowing through the connected devices onto the networks can also be secured through AI and ML technologies.\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03afc40 elementor-widget elementor-widget-spacer\" data-id=\"03afc40\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9985d54 elementor-widget elementor-widget-heading\" data-id=\"9985d54\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Digital KYC To Prevent Identity Theft<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b0c524 elementor-widget elementor-widget-text-editor\" data-id=\"9b0c524\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;avante_ext_is_scrollme&quot;:&quot;false&quot;,&quot;avante_ext_is_smoove&quot;:&quot;false&quot;,&quot;avante_ext_is_parallax_mouse&quot;:&quot;false&quot;,&quot;avante_ext_is_infinite&quot;:&quot;false&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Know_your_customer\"><span style=\"font-weight: 400;\">Know Your Customer<\/span><\/a><span style=\"font-weight: 400;\">, or KYC ensures secured processes associated with online transactions through the power of the internet and camera\/smartphones to carry out live verification. These services rely on AI to carry out verifications\/authenticity of pictures and documents that act as proof of identity. So, when a customer enters a credit card number to buy a SIM or other service, he is asked to verify his identity via the digital KYC service provider.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Such online services are provided by various telecommunication giants such as Verizon, T-mobile, and so on. However, these days various third-party online verification service providers provide a complete gamut of KYC services.\u00a0<\/span><\/p><p><a href=\"https:\/\/finbraine.com\/es\/products\/id-braine\/\"><span style=\"font-weight: 400;\">FinBraine\u2019s IDBraine<\/span><\/a><span style=\"font-weight: 400;\"> is a secured, intelligent unified digital KYC solution that offers identity verification service in an easy, simple and agile manner. The two types of KYC offered \u2013 Biometric KYC and In-App KYC helps telecoms to verify the users before they onboard them. It features intelligent verification and true identities through live data verification and instant data extraction, and validation.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Transforming The Telecos With The Power Of Artificial Intelligence The telecommunication industry is going through a massive transformation phase of development, mainly to equip itself per the latest technological demands and customer needs. While this has given the industry a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18719,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,57,56,58],"tags":[52,51,54,53,50,55],"class_list":["post-18718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs","category-fintech","category-kyc","category-lending","tag-artificial-intelligence","tag-finbraine","tag-fintech","tag-geo-tagging","tag-kyc","tag-lending"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/posts\/18718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/comments?post=18718"}],"version-history":[{"count":0,"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/posts\/18718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/media\/18719"}],"wp:attachment":[{"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/media?parent=18718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/categories?post=18718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finbraine.com\/es\/wp-json\/wp\/v2\/tags?post=18718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}