#USA #Plano #Fraud Prevention #Aduna #APIs

Aduna Partners with Major U.S. Carriers to Combat Fraud

Aduna, a prominent aggregator specializing in standardized network APIs, has announced the launch of three innovative fraud prevention APIs in collaboration with leading U.S. carriers, namely AT&T, T-Mobile, and Verizon. Scheduled for release in the fourth quarter, these APIs, titled Know Your Customer (KYC), Device Swap, and Call Forward Detection, aim to equip businesses with the tools necessary to combat an increasing wave of fraud across various sectors.

As digital identity verification becomes a pressing issue, companies are grappling with the challenges posed by sophisticated threats such as account takeovers, synthetic identities, and social engineering scams. The newly introduced APIs provide businesses with direct access to reliable mobile network signals that enable near real-time identification of fraud risks, thus empowering organizations to make informed decisions regarding customer authentication and onboarding procedures.

Unlocking Mobile Network Data

Aduna’s innovative approach represents a significant advancement in leveraging mobile network data to enhance security measures. By providing a unified platform that combines access across the three largest mobile operators in the U.S., Aduna simplifies the process for businesses. Instead of juggling multiple carrier relations or integrations, enterprises can utilize a single API gateway to access crucial network signals.

Anthony Bartolo, the CEO of Aduna, emphasized the necessity of this advancement, stating, "Fraudsters continuously exploit gaps in digital identity verification, creating significant challenges for both businesses and consumers. The introduction of KYC and Device Swap, along with the upcoming Call Forward Detection, marks a major step towards integrating trusted network intelligence into the market at scale. We are committed to helping organizations implement smarter risk decisions and create safer digital experiences for their clientele."

Detailing the APIs

• - KYC API: This application aids in the verification of customer identity against carrier data, supporting businesses in creating more reliable onboarding processes and account verifications.
• - Device Swap API: This service identifies instances where a mobile number has recently been associated with a different device, thus alerting organizations to potential account takeover attempts or SIM-related fraud risks.
• - Call Forwarding Detection API: This tool reveals whether call forwarding is activated on a mobile number, which is crucial in identifying scenarios where fraudsters may redirect authentication calls or verification processes.

The introduction of these network APIs not only delivers powerful risk signals for businesses to integrate into their fraud prevention workflows, authentication processes, and identity verification systems but is also particularly significant for sectors where customer trust is paramount, such as financial services, fintech, e-commerce, telecommunications, healthcare, and government.

Simplifying the Integration Process

Through Aduna's unified platform, participating enterprises have access to a consistent and standardized API framework across various carriers. This integration streamlines the adoption process while significantly reducing implementation complexities.

About Aduna

Aduna stands out as a revolutionary collaboration between several of the world's premier telecommunications operators and Ericsson. Dedicated to accelerating innovation, it allows developers worldwide to optimize network potential through standardized APIs. Collaborating partners include major players such as AT&T, Bharti Airtel, Deutsche Telekom, KDDI, Orange, Reliance Jio, Singtel, Telefónica, Telstra, T-Mobile, Verizon, and Vodafone. By unifying global network APIs under a single platform via the CAMARA open-source project, spearheaded by GSMA and the Linux Foundation, Aduna fosters collaboration, enhances user experiences, and drives industry progress. For more information, visit adunaglobal.com.