Maxis, AIS and Singtel partner to fight rising digital scams
- World’s first international federation of Telco APIs will help strengthen authentication and fraud detection
- Collaboration will support over 12 million customers in Malaysia and 45 million customers in Thailand
- Earlier this year at Mobile World Congress in Barcelona Maxis also signed with other Malaysian telcos to combat digital fraud at a national level
Maxis, AIS and Singtel signed a Memorandum of Understanding to enable network-based authentication for mobile subscribers through a suite of solutions that authenticates digital identities registered on consumer services or platforms against telco data. The solution is based on telco application programming interfaces (APIs) that are interoperable and based on GSMA’s common framework of industry standards and protocols.
This marks the first-ever international federation of Telco API in the world, involving telcos from three countries working together to help enterprises access real-time telco network data to strengthen authentication and combat fraud. According to a report by LexisNexis Risk Solution, the overall attack rate for mobile apps in Asia Pacific is higher than the global average with majority being carried out by automated bots, targeting e-commerce payment transactions.
“This collaboration further strengthens security for our customers in an ever-evolving threat landscape. By leveraging the latest capabilities in real-time authentication, we are able to add an extra layer of protection as consumers and businesses increasingly interact and transact digitally. Through collaborations with leading regional and global partners, we continually enhance our measures to mitigate against fraud and threat actors. This is in line with our firm commitment as Malaysia’s leading integrated telco to provide fast, reliable, and secure connectivity for all our customers.” - Mr Goh Seow Eng, Chief Executive Officer of Maxis
“This partnership marks a significant milestone in our commitment to safeguarding our customers and the digital ecosystem,” said Asnee Wipatawate, Head of Enterprise Telecom Technology Product Department at AIS. “By combining our expertise and resources with Singtel and Maxis, we are creating a powerful platform that will enhance trust and security for businesses and consumers across Thailand, Malaysia, and Singapore. The joint Number Verification API will provide businesses and platforms with a robust tool to domestically and regionally authenticate user identities through real-time phone number verification. By leveraging the combined strengths of those telcos, the API will offer a comprehensive and secure solution to protect against a wide range of fraudulent activities, including account takeovers, and phishing attacks. The Number Verification API will be available to businesses across multiple industries, including financial services, e-commerce, and online gaming. By integrating this API into their systems, businesses can significantly reduce the risk of fraud and enhance customer trust.”
Mr Ng Tian Chong, Chief Executive Officer, Singtel Singapore said, “The rise of ecommerce in the region has opened more avenues for digital fraud, significantly impacting consumers and businesses. Together with AIS and Maxis, we can combat this rising digital fraud and protect our customers more effectively. Tapping into our telco data and collective expertise, we will be able to seamlessly authenticate, protect and mitigate financial fraud so our customers across Singapore, Thailand and Malaysia can enjoy a safe digital lifestyle. We will continue to lead the charge against digital fraud and encourage more MNOs to come onboard to build a stronger defence for all.”
The solution will help mitigate the incidence of illegal account takeovers and unauthorised transactions that result from phishing and malware app scams. It also enables a smoother multi-factor authentication process as consumer’s digital identities are verified instantly and directly between the telco and service providers. The two APIs that will be first federated by AIS and Maxis include Number Verify, an application that validates customers’ identities by matching their phone numbers with their registered account details on the service provider’s platform and Device Location.
These collaborations will support over 12 million customers in Malaysia and 45 million customers in Thailand. All three telcos will explore opportunities to federate more APIs in the future.
Earlier this year Maxis signed MoUs with other Malaysia telcos at Mobile World Congress in Barcelona to combat the global problem of digital fraud at a national level.
The federation works in accordance with the GSMA Open Gateway framework, a globally recognised initiative that is designed to provide universal access and ensure swift deployment and integration across different mobile networks, allowing more service providers and end users to benefit from the solution.
Julian Gorman, Head of Asia Pacific at the GSMA, said: “I’m delighted three of Asia’s most innovative mobile operators have come together, through the GSMA Open Gateway initiative, to tackle online fraud and help increase consumer trust in new digital services across Malaysia, Singapore, and Thailand. Fraudulent attacks can have a profound impact on victims, including financial losses and distress, resulting in a degradation of trust in digital platforms. Cybercriminals operate beyond national borders, so it’s vital that mobile operators and developers of digital services unify behind a common approach to fraud prevention wherever they are in the world.”
Dr Ong Geok Chwee, CEO of Bridge Alliance, said, “Bridge Alliance has been working closely with our member operators and industry partners to advance regional telco API federation, building on the momentum of the GSMA’s Open Gateway framework and CAMARA API standards. With the newly-launched Bridge Alliance API exchange BAEx, our alliance has a timely opportunity now to lead the charge in serving the needs of enterprises in areas leveraging telco assets, such as network-based authentication. We are excited to witness the spirit of collaboration between our members and look forward to working with more members to accelerate telco API exposure and unlock the value of our telco capabilities.”
