Fraud Intelligence Limited: Year in Review

Dear Colleagues, Customers, Partners and Friends,

Fraud Intelligence Limited, an incorporated UK Joint Venture between ORILLION Solutions and SORAMITSU, is excited to announce its FY 2025 annual memo.

As some of you may know, Telecommunications Fraud is a $39B problem, and it’s only growing by double digits each year. The problem is so severe that it costs the global telco industry 2.5% of its revenue. And to make matters worse, the fraudsters are using tactics and methods that grow in scale and sophistication. It’s as if the fraudsters have their own product and innovation roadmap.

But there's something else happening that we must address: the traditional boundaries of fraud across sectors are now blurred. Most fraud today starts with a digital interaction, facilitated through a telephony device or connection. Whether it's a phishing SMS, a spoofed call, a fraudulent URL, or a compromised digital identity, the telecommunications network is the gateway. As this entry point for fraud, a secure digital gateway is critical not only for telcos and their customers, but also for every business and consumer with a financial or e-commerce interaction. The explosion of digital commerce, mobile banking, and online services means that fraudsters now operate across traditional sector boundaries—what starts as a telecom fraud signal often precedes financial fraud, account takeover, or e-commerce theft.

We believe strongly in being an important part of securing that ecosystem. This is our mission. To deliver on that mission, we remain focused on our core business priorities: Technology, Data and Customers.

TECHNOLOGY

Security and tech quality are non-negotiable. Our infrastructure and services are used worldwide. This year, we made significant upgrades to the underlying Fraud Intelligence Blockchain (“FIB”), with improved detection and monitoring systems to ensure our platform is ever more secure and trusted by our ecosystem of customers. This is crucial given the massive volume of data that we are generating and are expected to process in the future.

We also upgraded our Quality and Confidence Score indexing technology. This is a proprietary system built by Fraud Intelligence Limited that enables us to apply a “confidence score” to determine whether a fraud signal is fraudulent.

EXPANDED FRAUD TYPE COVERAGE

Recognising the evolving threat landscape and the blurring of fraud boundaries across sectors, we have significantly enhanced the scope of fraud types that our platform and service supports. We now offer the most comprehensive fraud type signal platform globally, including:

SCAM Signals: Our platform now ingests and shares intelligence on fraudulent URLs, malicious email addresses, and suspicious phone number signals associated with scam activity. These signals are critical because scams increasingly operate across channels—a fraudulent URL sent via SMS, a phishing email directing to a spoofed website, or a phone number used for vishing attacks. By capturing these multi-channel signals, we enable our ecosystem to detect and block fraud before it reaches end consumers, protecting not just telco customers but anyone engaging in digital commerce or financial transactions.

Flashcalling: We've added detection capabilities for flashcalling—a growing fraud technique where brief, automated calls are made to verify phone numbers, bypassing traditional authentication protocols and impacting telco revenues. Our flashcalling intelligence helps operators and businesses identify and block these verification bypass attempts.

At the same time, we have also made significant advances in the visualization of our data. Data is only effective if you can understand it clearly and can act on it with confidence. This work is now in prototype, but we expect to announce a public version very soon in 2026

DATA GROWTH

The Fraud Intelligence Blockchain supports an ecosystem. Not surprisingly, this ecosystem and the value it provides are predicated on the impact and scale of the data we deliver to all retail and wholesale telcos, data vendors, FMS vendors, etc.

To date, we have seen massive exponential growth, with close to 14M fraud identifiers (+600% Year on Year), more than 200K new fraud data points contributed monthly, and a global footprint. It’s truly amazing. Our ecosystem is not static, and we have seen our members actively interacting with each other, further evidencing the real collaboration amongst ALL parties in the Fraud Intelligence Blockchain.

REALTIME FRAUD FIREWALL INTEGRATION

This fall, we introduced and piloted the world’s first Realtime Fraud Firewall integration into FIB. This is an exciting development, particularly with the emergence of Network APIs - and with it, opportunities for telcos to move beyond passive infrastructure and become active protectors of the digital ecosystem.

Here's why this matters: The Realtime Fraud Firewall integration provides live fraud signal data directly into operational systems. This dramatically improves the intelligence available for validating the authenticity of a phone number, IP address, or device at the moment of interaction.

This capability directly enhances Network APIs data that emerging authentication and verification services are built upon. When a financial institution needs to verify a phone number, when an e-commerce platform needs to validate a device, or when a digital service needs to authenticate a user—the underlying data is no longer static or historical, but dynamically updated with the collective intelligence of our global consortium. This is the foundation for truly secure digital interactions across every sector.

We expect to make more announcements on this in FY 2026. Stay tuned!

CUSTOMERS

Fraud Intelligence Blockchain is now used by more than 50 customers globally, and we continue to expand; it doesn’t stop there. Customers want insights. We rose to that challenge by pioneering a 3-level value proposition framework - built on FIB crowdsourced data that enables vendors and telcos to understand (and appreciate) how FIB delivers value: first, by improving the insights on fraud types already known to all; second, by revealing fraud signals that would otherwise remain invisible to traditional fraud systems; and third, by introducing adjacent value through telco network asset optimisation. It has been great. And we hope to see more vendors level up as we take the fight to the fraudsters.

Symmetry Solutions

We also announced a strategic partnership with Symmetry Solutions. By combining Symmetry’s PRISM data with FIL’s unique crowdsourced intelligence from consortium members, the partnership delivers powerful, real-time, actionable insights into fraudulent activity. This collaboration not only strengthens the defences of individual clients but also enhances the collective resilience of all members, ensuring a more secure and transparent telecom ecosystem.

As a telecoms fraud management professional for over 35 years, it’s exciting to be a part of the innovation that FIL is bringing to proactively address telco fraud globally. PRISM has been the leader in IRSF prevention since 2013 and is now better than ever.

The combined forces of Symmetry and FIL, along with the many excellent fraud and business assurance products and services on the market, will help to change the game.

— Dean Smith, Chief Operating Officer, Symmetry

Telecommunications UK Fraud Forum (“TUFF”):

In 2025, we also worked with TUFF UK under the leadership of Andy Beet (CEO) to help advance efforts to ‘create action’ in the fraud intelligence space in the UK. Evidence shows that the UK is a net target in the global fraud economy. Thousands of fraud indicators point to attacks originating in countries with limited enforcement capacity but directed squarely at UK citizens, businesses, and public services. This is not just a technical or operational issue. It’s a matter of national economic resilience and public trust. And it requires a response that matches the scale and speed of the threat.
Fraud Intelligence Limited authored detailed B2G policy responses with TUFF to recent actions taken by the UK Home Office Fraud Strategy; co-led by Lord Hanson (Fraud Minister to HM Government) and Daniel Ager (Head of Telecom Fraud Prevention Policy for the Home Office)

TUFF are pleased to welcome FIL to the TUFF Family. We look forward to working with this exciting and innovative company to reduce and prevent fraud.

Collaborative working and the sharing of best practice benefits TUFF members and the wider industry.

— Andy Beet, Chief Executive Officer, Telecommunications UK Fraud Forum (TUFF)

Mobile Ecosystem Forum (“MEF”)

We also partnered very closely with the Mobile Ecosystem Forum (“MEF”), under Dario Betti (CEO) and his leadership team. Through our efforts, we established an industry-wide best practice for fraud intelligence sharing through the MEF Data Sharing Standards Working Group. We also worked with MEF to elevate the importance of collaborative data sharing at their flagship MEF Connects Anti-Fraud 2025 conference in London. Read this 5-minute interview to FIL board members Anthony Sani and Andrew Wong by MEF.

Thrilled to welcome Fraud Intelligence Limited to the MEF community. Their innovative approach to combating fraud through blockchain technology aligns perfectly with our mission to foster trust and collaboration across the global communications ecosystem.

We look forward to working together to drive meaningful progress in the fight against fraud.

— Dario Betti, Chief Executive Officer, Mobile Ecosystem Forum

Final Thoughts

Amid this rapid progress, the culture at Fraud Intelligence Limited is more crucial than ever. We operate with a growth mindset, which means leading by example. Talk is cheap. Beautiful Strategy means NOTHING if actions and behavioural credibility do not back it. There are doers, and there are those who get things done and can effect change. We operate with a deep sense of purpose and believe in what is possible. And that is precisely what we need to succeed. We are creating a cross-network perspective to see fraud across ecosystems, and we have an immense opportunity and responsibility not just to build but to shape that future.

We look forward to getting it done in FY 2026.

Happy Holidays

Andrew x Tony and the FIL team.

Please register or log in today to learn more about Fraud Intelligence Blockchain.

FIL GitHub: https://github.com/fraud-intelligence-limited

FIL API: https://fraud-intelligence-limited.github.io

About Orillion

Orillion Solutions is a leading provider of solutions that unlock value for customers by using advanced data insights, innovative technology, and rapid solution design methods to help solve complex business and risk management problems. This includes the delivery of the largest fraud blockchain network in telecommunications, which is helping telcos and their customers prevent fraud more effectively.

About Soramitsu

Soramitsu is an award-winning global technology company with expertise in developing blockchain-based solutions for digital asset and identity management. Our mission is to use blockchain to promote innovation and solve pressing societal challenges. Soramitsu aims to deploy cutting-edge technology on a global scale in order to expedite financial inclusion and health, mitigate economic inefficiencies, and contribute to the fulfilment of the Sustainable Development Goals.