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Fraud is one of the most important issues concerning telecommunications service providers, who are second, after banks, in losing money through fraud. Fraud is a rapidly growing problem, with perpetrators becoming evermore sophisticated both in their techniques and their tools.
Experience shows that if no effective anti-fraud
control exists, sooner or later the operator is hit
by a major fraud problem, which means loosing money.
With a growing number of subscribers and an
increasing number of distribution channels, enhanced
services,
and more complex tariff structures, an effective fraud management system is essential to minimize loss due to fraud reasons.
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Therefore an investment in an integrated fraud management system definitely pays off quickly even for operators of small networks.
Fraud Management System is a fraud detection, analysis and decision support application environment for mobile telecommunications service providers. It serves as an assistant to fraud management personnel, detects and analyzes fraud and recommends fraud counteractions.
FMS has been on the market since 2002 and is successfully in operation at several
telecom companies in INDIA
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