Scam Signal API Vodafone implements scam signal API
APIS
NETWORK APIS
CAMARA API
VOICE
SPECIALISED PROGRAMMATIC
ECONOMIC GAINS
FRAUD / ID
SECURITY
Summary
UK banks used Vodafone's Scam Signal API to enhance fraud detection by 30%, reducing false positives and improving security and trust in financial transactions.
Challenges
Authorised Push Payment fraud is increasing by 20%, causing significant financial losses and eroding trust in banking.
Solution
UK Banks implement Scam Signal API with Vodafone using CAMARA guidelines for fraud detection via real-time network data.
Outcome
Improved fraud detection by 30%, reduced false positives, enhanced security, increased user trust, and ensured compliance, leading to economic gains and resilience against a 20% rise in fraud.
Sources
- 01