{"id":826,"date":"2016-02-25T06:19:37","date_gmt":"2016-02-25T06:19:37","guid":{"rendered":"http:\/\/frslabs.com\/frsblog\/?p=826"},"modified":"2016-02-25T06:19:37","modified_gmt":"2016-02-25T06:19:37","slug":"happy-6-bold-goals-with-a-sense-of-progress-and-optimism","status":"publish","type":"post","link":"https:\/\/www.frslabs.com\/frsblog\/2016\/02\/25\/happy-6-bold-goals-with-a-sense-of-progress-and-optimism\/","title":{"rendered":"Happy 6 \u2013 Bold goals with a sense of progress and optimism."},"content":{"rendered":"<p>What an incredible year it has been. From going live with Vodafone India \u2013 largest installation to date processing over 5 billion call records to protect Vodafone customer from fraud \u2013 to winning the <a title=\"TIE Bangalore\" href=\"http:\/\/www.anthahprerana.org\/\" target=\"_blank\">AnthaPrerana 2015 Competition<\/a> (a TiE Bangalore initiative for start-ups). It didn\u2019t end there. We were also part of the Canada India Technology Accelerator programme (six companies from India recognised for its innovation and global reach by the Canadian Government) and finalists in the Wharton India Economic Forum (Top 10 among 700+ applicants).<\/p>\n<p><a href=\"http:\/\/frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Wharton_Startup_FRSLabs.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-827\" src=\"http:\/\/frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Wharton_Startup_FRSLabs.png\" alt=\"Wharton_Startup_FRSLabs\" width=\"600\" height=\"351\" srcset=\"https:\/\/www.frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Wharton_Startup_FRSLabs.png 600w, https:\/\/www.frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Wharton_Startup_FRSLabs-300x175.png 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Shankar-Canada-iNovia-Photo.png\"><img loading=\"lazy\" class=\"aligncenter wp-image-828\" src=\"http:\/\/frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Shankar-Canada-iNovia-Photo.png\" alt=\"Shankar Canada iNovia Photo\" width=\"596\" height=\"456\" srcset=\"https:\/\/www.frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Shankar-Canada-iNovia-Photo.png 960w, https:\/\/www.frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Shankar-Canada-iNovia-Photo-300x229.png 300w\" sizes=\"(max-width: 596px) 100vw, 596px\" \/><\/a><\/p>\n<p>This recognition has provided us the confidence that we are onto something worthwhile \u2013 perhaps even big \u2013 helping our customers with greater precision, improving and growing. And a sense of optimism that we can accelerate this growth even faster and better.<\/p>\n<p>Our future focus on fraud control is on the key belief that the rule based systems have run its course and will be replaced by tools with deep learning technologies \u2013 human like behaviours in machines. And that is going to be our focus \u2013 how can organisations identify fraud even before it occurs for a fraction of the cost; how can organisations maximise the productivity of those fighting fraud; and how can systems adapt and self-learn to identify new kinds of fraud. I am sure there will be plenty to write about our products <a title=\"Orpheus Subscription Fraud Management \u2013 FAQ\" href=\"http:\/\/frslabs.com\/frsblog\/2013\/07\/02\/orpheus-subscription-fraud-management-faq\/\" target=\"_blank\">Orpheus<\/a> and <a title=\"Atreus \u2013 Application Fraud \u2013 FAQ\" href=\"http:\/\/frslabs.com\/frsblog\/2014\/09\/17\/atreus-application-fraud-faq\/\" target=\"_blank\">Atreus<\/a> in the coming years.<\/p>\n<p>A great joy and privilege over the last couple of years has been working with Colin Yates (@<a title=\"Yates Fraud Consulting\" href=\"http:\/\/www.yatesfraudconsulting.com\" target=\"_blank\">Yates Fraud Consulting<\/a>) tackling the menacing <a title=\"Premium Rate Service Fraud and International Revenue Share Fraud \u2013 Note the difference to accurately detect and prevent them.\" href=\"http:\/\/frslabs.com\/frsblog\/2014\/11\/26\/premium-rate-service-fraud-international-revenue-share-fraud-note-difference-accurately-detect-prevent\/\" target=\"_blank\">IRSF Fraud<\/a>, which has grown nearly 500% over the last couple of years. The partnership has taken FRS Labs to great heights in terms of growth and market reach. <a title=\"PRISM FAQ \u2013 International Revenue Share Fraud (IRSF)\" href=\"http:\/\/frslabs.com\/frsblog\/2014\/08\/28\/prism-faq-international-revenue-share-fraud-irsf\/\" target=\"_blank\">PRISM<\/a> is now used by over 50 operators around the world including 2 of the top 5 telecom companies. Need we say more about this incredible partnership?<\/p>\n<p>If I have to sum up the experience over the last six years running this business \u2013 \u201cLife gets better\u201d. Even when we had dead ends \u2013 life always taught us something useful. To move forward. To be better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What an incredible year it has been. From going live with Vodafone India \u2013 largest installation to date processing over 5 billion call records to protect Vodafone customer from fraud \u2013 to winning the AnthaPrerana 2015 Competition (a TiE Bangalore initiative for start-ups). It didn\u2019t end there. We were also part of the Canada India [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Happy 6 \u2013 Bold goals with a sense of progress and optimism. - FRSLABS<\/title>\n<meta name=\"description\" content=\"FRS Labs - Fraud detection and prevention using Orpheus, Atreus and Prism.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.frslabs.com\/frsblog\/2016\/02\/25\/happy-6-bold-goals-with-a-sense-of-progress-and-optimism\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shankar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.frslabs.com\/frsblog\/#website\",\"url\":\"https:\/\/www.frslabs.com\/frsblog\/\",\"name\":\"FRSLABS\",\"description\":\"Privacy Protection | Identity Verification | Fraud Managment\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.frslabs.com\/frsblog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.frslabs.com\/frsblog\/2016\/02\/25\/happy-6-bold-goals-with-a-sense-of-progress-and-optimism\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"http:\/\/frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Wharton_Startup_FRSLabs.png\",\"contentUrl\":\"http:\/\/frslabs.com\/frsblog\/wp-content\/uploads\/2016\/02\/Wharton_Startup_FRSLabs.png\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.frslabs.com\/frsblog\/2016\/02\/25\/happy-6-bold-goals-with-a-sense-of-progress-and-optimism\/#webpage\",\"url\":\"https:\/\/www.frslabs.com\/frsblog\/2016\/02\/25\/happy-6-bold-goals-with-a-sense-of-progress-and-optimism\/\",\"name\":\"Happy 6 \\u2013 Bold goals with a sense of progress and optimism. - 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