Emerging Technology, Government Business
Newswire | June 29, 2023
Revenue Solutions, Inc. (RSI), a leading provider of advanced SaaS solutions for government revenue management and control, is revolutionizing tax compliance through its cutting-edge AI technology. By leveraging the power of analytics and machine learning, RSI's flagship product, revX, empowers governments to streamline workflows, make data-driven decisions with unprecedented efficiency, and enhance revenue management.
"Governments around the world are facing increasing demands for efficiency, transparency, and compliance," says John Skinner, CEO of RSI. "At RSI, we are proud to be at the forefront of driving innovation that addresses these critical needs. revX Analytics is not just a technology solution; it represents a bold vision for transforming government operations through AI. We are empowering governments to unlock their full potential, enabling them to make more informed decisions, increase revenue, identify fraud, and optimize resources. We are committed to reinventing the way governments operate, and revX Analytics is the cornerstone of that revolution."
The core principle embedded in revX Analytics is the goal of making data-driven decisions. By offering an extensive range of business rules and functions, RSI enables governments to optimize resources, saving time and money. revX Analytics automates decisions where possible, while also identifying instances where staff input and involvement is crucial. Key areas of focus for revX Analytics to support government decision-making include Discovery, Compliance, Fraud Detection, Collections Prioritization and Optimization, and Audit Selection.
John Kitonis, CTO of RSI, highlights the company's continuous pursuit of innovation and technology advancement. "At RSI, we are constantly pushing the boundaries of what is possible with AI technology," says Kitonis. "We believe in being at the forefront of innovation, consistently exploring new approaches and technologies to improve our solutions. With revX Analytics, we have pushed a platform that not only harnesses the power of machine learning and data aggregation but also adapts to evolving compliance challenges. Our commitment to staying ahead of the curve ensures that our customers benefit from state-of-the-art technology that delivers accurate results, reduces workload, and enhances fraud detection. We are dedicated to empowering governments with the best tools available in the market."
revX Analytics modernizes fraud detection by implementing machine learning methods and model predictions. The solution effectively scores risk and applies rules and conditions to identify potentially fraudulent activity during returns processing. This approach helps reduce the workload of refund reviews, improves fraud identification accuracy, and ensures a higher level of scrutiny for fraudulent claims.
By leveraging AI technology, governments can significantly enhance their compliance review processes and identity verification protocols, resulting in a more secure and efficient revenue management system. With its advanced collections prioritization feature, revX Analytics assists governments in optimizing their delinquent account collections. By analyzing data from various sources, such as previous payment history, account aging, and risk-scoring algorithms, the platform enables governments to identify and prioritize accounts that require immediate attention.
This intelligent system ensures that collection efforts are focused on high-risk accounts, maximizing the chances of successful recovery while minimizing the resources spent on low-priority cases. By analyzing a wide range of data points, including historical patterns, anomalies, and compliance indicators, revX Analytics provides optimal courses of action for audit selection.
In a real-life scenario, a large State Department of Labor (DOL) benefited from RSI's analytics. Prior to RSI, the DOL identified fraud through manual processes, which became increasingly challenging due to the surge in claims during the pandemic. With the onset of the crisis, the volume of incoming claims skyrocketed from around 3,000 per week to approximately 90,000 per week, putting significant strain on the department's resources. At the same time, cases of potentially fraudulent identity increased from about nine per week to a staggering 4,500 per week. Manual case investigation was no longer feasible for the department's staff, who had to handle a 50,000% increase in workload.
With RSI as their trusted analytics partner, the DOL and RSI developed a phased approach to address the overwhelming increase in claims volume. Through automation, data aggregation, and advanced analytics, RSI enabled the DOL to process and identify fraudulent claims more efficiently improving fraud identification accuracy from 50% to nearly 92%. This prevented over 130,000 imposter claims and saved billions of dollars while ensuring valid claims were promptly processed and staff had more time to investigate problematic cases.
RSI's commitment to innovation is exemplified through its powerful analytics tools and capabilities. revX's AI-powered technology is revolutionizing fraud detection, optimizing workflows, and enabling data-driven decisions. The revX Platform empowers governments to effectively identify the level of risk and supply optimal courses of action, ensuring informed and strategic decision-making. As a result, governments can enhance revenue management, ensure compliance, and unlock new levels of efficiency and effectiveness.
About Revenue Solutions
Founded in 1996, Revenue Solutions, Inc.™ is the trusted, collaborative partner leading governments to innovation with the only cloud-native packaged software solution, revX™. Offered as Software as a Service (SaaS), revX™ is the preferred platform for government revenue processing. We empower public agencies and offices with solutions that improve citizen services, increase operational efficiency, collect additional revenue, and maximize compliance. For over 25 years, RSI™ has delivered transformative technology solutions across hundreds of client projects throughout the United States and Canada.
GlobeNewswire | August 31, 2023
Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, Forescout Technologies, Inc., a global cybersecurity leader, and stackArmor, an advanced security and compliance solutions provider with a proven track record of delivering FedRAMP, DoD CC SRG, CMMC 2.0 and StateRAMP compliance acceleration, today announced a partnership with Google Public Sector to accelerate the availability of Forescout cybersecurity solutions to state, federal, and department of defense agencies.
As part of an ATO pilot program, specialist solution providers like stackArmor combine with Carahsoft’s proven public sector market services, to provide ISVs like Forescout with a holistic “accreditation to acquisition” solution.
"Google Public Sector is committed to working with partners like stackArmor and Carahsoft to accelerate the availability of Forescout cybersecurity solutions to state, federal, and Department of Defense agencies,” said Troy Bertram, Managing Director of Partners, Google Public Sector. “This pilot brings together partners with deep expertise and local knowledge to help ISVs accelerate the path to compliance and rapidly bring innovative technology to government agencies.”
The Forescout® Cloud, built on Google Cloud, is a unified SaaS platform for security visibility, risk, and operational management. It continuously discovers and analyzes all connected cyber assets, whether they are managed or unmanaged for IT, OT/ICS, IoMT, IoT and cloud, and is a foundation for Forescout solutions that address challenges related to risk and exposure management, and threat detection and response.
“We are delighted to be a partner of this ATO pilot program, which provides us with an accelerated pathway towards FedRAMP compliance and uniquely brings together engineering, compliance advisory and continuous monitoring services as well as market access solutions,” said Paul Kao, VP Product & Engineering, Forescout. “We selected stackArmor after a rigorous evaluation process and were impressed with their engineering expertise and ability to help us remove delays and friction from our aggressive accreditation roadmap.”
stackArmor rapidly delivers a dedicated Google Cloud Landing Zone with NIST-compliant security services, a complete FedRAMP ATO documentation package and post-ATO continuous monitoring. To ensure the confidentiality, integrity and availability of sensitive data, ThreatAlert® provides a standardized secure by design architecture that is deployed “in-boundary” to ensure the highest levels of security and the ability to meet stringent government cybersecurity requirements including FedRAMP Moderate, FedRAMP High, DOD Impact Level 4 and 5 among others.
“Reducing the time and cost of implementing NIST SP 800-53 based cybersecurity controls to achieve an ATO in compliance with FedRAMP, FISMA/RMF, DoD CC SRG and CMMC 2.0 requirements is a strategic necessity for commercial ISVs, critical infrastructure enterprises and public sector organizations, especially given the sharp rise in cybersecurity threats,” said Gaurav “GP” Pal, CEO and founder, stackArmor. “We are excited to expand our partnership with Carahsoft to bring our ThreatAlert® ATO Accelerator, which provides a secure by design cloud landing zone, defense in depth security services, OSCAL ready documentation package and continuous compliance automation to ISVs like Forescout, to accelerate the delivery of FedRAMP accredited cybersecurity services to government agencies.”
"Interest in FedRAMP-accredited cloud services has accelerated since the passage of the FedRAMP Authorization Act in December of last year, which opens new opportunities for expanding the portfolio of available accredited SaaS and PaaS offerings in the federal marketplace," said Craig P. Abod, Carahsoft President. "stackArmor’s ThreatAlert® ATO Accelerator combined with Carahsoft’s unique market access solutions provide a compelling accreditation-to-acquisition solution."
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.
Forescout Technologies, Inc. a global cybersecurity leader, continuously identifies, protects and helps ensure the compliance of all managed and unmanaged connected cyber assets – IT, IoT, IoMT and OT. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to provide vendor-agnostic, automated cybersecurity at scale. The Forescout® Platform delivers comprehensive capabilities for network security, risk and exposure management, and extended detection and response. With seamless context sharing and workflow orchestration via ecosystem partners, it enables customers to more effectively manage cyber risk and mitigate threats. www.forescout.com
stackArmor provides cloud migration, security and compliance engineering services for compliance-driven markets, including Public Sector, Government Agencies, Healthcare, Education, Space & Defense, Financial Services, and Non-profit organizations. stackArmor’s ThreatAlert® ATO Accelerator provides a unique “in-boundary” solution that helps organizations rapidly achieve FedRAMP, FISMA/RMF, DOD CC SRG and CMMC 2.0 among other government-driven cybersecurity compliance frameworks. Learn more by visiting https://stackArmor.com
PR Newswire | August 24, 2023
Umbra, a leader in advanced space radar technology, announced it has been selected by AFWERX for a SBIR Phase II contract in the amount of $1.25 million focused on Space-Based Moving Target Indication (MTI) to address the most pressing challenges in the Department of the Air Force (DAF). Umbra will leverage its market leading wide-bandwidth, affordable space systems, uniquely operating in paired flight, to develop and demonstrate Maritime and Ground MTI (MMTI and GMTI) capabilities. The Air Force Research Laboratory (AFRL) and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and as of August 9, 2023, Umbra accelerated its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.
"With the end of the JSTARS program, Umbra understands the national imperative to develop a multi-domain replacement capability with a strong space-based element," said Jason Mallare, Vice President of Government Programs and Strategy. "Commercial space systems which can be developed and rapidly deployed offer a differentiated and robust method to contribute to this critical mission need. Umbra is committed to partnering with AFWERX, the broader DAF, as well as other DoD and IC stakeholders. We intend to bring the best Umbra has to offer, including affordable spacecraft and ground infrastructure, and market leading SAR technology."
The views expressed are those of the author and do not necessarily reflect the official policy or position of the Department of the Air Force, the Department of Defense, or the U.S. government.
Umbra is a technology company that offers intelligence data as a service to commercial and government customers. Our cutting-edge products help customers solve complex business and security challenges. Umbra is a U.S.-owned and operated company headquartered in Santa Barbara, California, and has a presence in Austin, Texas, and Washington, D.C. For more information, visit https://umbra.space.
About Air Force Research Laboratory (AFRL)
Sole organization leading the planning and execution of U.S. Air Force & U.S. Space Force science & technology programs. Orchestrates a world-wide government, industry & academia coalition in the discovery, development & delivery of a wide range of revolutionary technology. Provides leading-edge warfighting capabilities keeping air, space and cyberspace forces the world's best. Employs 10,800 military, civilian and contractor personnel at 17 research sites executing an annual $4B budget. For more information, visit: www.afresearchlab.com.
The innovation arm of the DAF and a directorate within the Air Force Research Laboratory brings cutting edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. Employs approximately 325 military, civilian and contractor personnel at six hubs and sites executing an annual $1.4B budget. Since 2019, has executed 4,671 contracts worth more than $2B to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability. For more information, visit: www.afwerx.com.