Together, KPN, Odido and Vodafone have taken an important step in strengthening digital security and combating online fraud by launching innovative, CAMARA-based security services. An initiative in collaboration with the COIN association and GSMA Open Gateway. This collaboration sets a new standard for API security in The Netherlands, empowering businesses and consumers with stronger protection against online fraud and shaping a safer digital future.
In a world where digital threats are constantly evolving, security is no longer a luxury, it’s a necessity. And in addition to the rise in cybercrime, criminals are becoming increasingly inventive in bypassing barriers and stealing data. Recent research by the Global Anti-Scam Alliance shows that last year one in seven Dutch citizens fell victim to fraud. At a collective cost of €1.75 billion.
With the launch of CAMARA-based API security services, KPN, Odido, and Vodafone are taking an important step towards a standardized and trusted digital ecosystem, one built on collaboration and innovation to combat the growing challenge of digital fraud.
Innovative solutions, such as ‘Number Verification’ and ‘KYC Match’, make it possible to securely, quickly and easily verify users’ identities when logging in, or carrying out transactions via mobile devices. These services protect customers and help banks, e-commerce platforms and other digital service providers to combat fraud more efficiently and effectively.
These services are delivered through an expanding network of partners, offering API developers and CPaaS specialists flexible options for seamless integration.
According to Henry Calvert, Head of Networks at global mobile industry association, the GSMA: “Digital scams and fraudulent attacks are a growing problem that, if left unchecked, can cause further harm to mobile users and erode their trust in digital commerce. This is an important collaborative initiative by the Dutch telecoms industry, banks and online retailers, using the intelligence of mobile networks to help reduce cyber-crime.”
CAMARA is an open-source, global initiative, powered by the Linux Foundation and GSMA, that standardizes telecom network APIs. Through the Open Gateway initiative, the GSMA offers a scalable and innovative platform for API developers and CPaaS providers worldwide. This enables companies to easily adopt a uniform approach to API security and functionality, both locally and internationally.
The global GSMA Open Gateway initiative now unites more than 80 mobile operator groups, representing 292 mobile networks and over 80% of all mobile connections worldwide. Empowering digital products and services with seamless, secure access to digital services, across borders and providers.
For more information or exploration please visit https://coin.nl/camara