UK specialist in detecting and eliminating mobile network operator fraud, Revector, has won two prestigious Queen’s Awards for Enterprise. The company has been rewarded with Queen’s Awards for Enterprise in Innovation and in International Trade.
With a 315% growth in overseas earning since 2009, the company has entered 37 new markets in the last three years. Revector has worked with mobile operators in more than 75 countries around the globe helping to reduce and eliminate some of the estimated $58 billion* of fraud and mis-billing on mobile networks.
Initially focussing on combating GSM Gateway or “SIM Box” fraud, the company has enabled mobile network operators to significantly reduce or even eliminate fraud on their networks, saving billions in otherwise lost revenues.
During 2012 Revector has launched a series of new initiatives including its “Locate and Eliminate” service that enables mobile network operators to determine the physical location of fraudsters to a single building or office, enabling authorities to make arrests and seize equipment.
Andy Gent, CEO of Revector, said: “The two Queen’s Awards recognise our commitment to create a global business that is at the forefront of anti-fraud technology. As a British company operating across the world, we have built a reputation for delivering the most effective services on the market and we are delighted to have been recognised in this the Queen’s Diamond Jubilee year.”