CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Neural Technologies and Safaricom win Global Telecoms Innovation Award
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Neural Technologies and Safaricom win Global Telecoms Innovation Award PDF Print E-mail
Thursday, 26 May 2016
Data analytics expert Neural Technologies is pleased to announce that it has won a prestigious GTB Telecoms Innovation Award for its work with Safaricom’s MPESA system in Africa.

Safaricom and Neural Technologies worked closely to support Safaricom’s fraud and risk initiatives with their powerful, future-proofed anti-fraud system. In 2014, the two companies embarked on a focused initiative to expand the company’s existing fraud monitoring with utilisation of the Anti-Money Laundering capabilities of the solution.

This was driven by more rigorous global regulation and Safaricom’s desire to uncover groups utilising the platform for funding terrorism and organised crime. The judges were impressed with the companies’ commitment to combatting global fraud and terrorism.

Safaricom’s Head of RA Patrick Kinoti, commented: “This project exceeded our expectations and I am pleased to have won this global award. Since its implementation, we have undertaken a number of investigations and closed down fraud and money laundering rings, and passed details of suspected criminals onto the authorities. It is both impressive and game-changing within the industry.”

Luke Taylor, COO and Deputy CEO of Neural commented: “Operators in Africa are under more pressure than ever to identify and report potential criminal activity, and it is great to be working with a company that takes these issues seriously. The need to tackle fraud as well as comply with international money laundering regulations is critical to Safaricom’s business. We are honoured to be supporting them as they go from strength to strength, aiding the crack down on criminal activity such as poaching and terrorism. I feel justifiably proud to have won this prestigious award for our partners Safaricom.”

The award was presented at the Global Telecoms Business Summit in London, last night. The GTB summits are designed to provide valuable opportunities for extensive high-level networking, showcase insightful conference sessions and are effective forums to conduct business.
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197