French operators team up to fight fraud
APIS
NETWORK APIS
CAMARA API
SPECIALISED PROGRAMMATIC
FRAUD / ID
SECURITY
Summary
French telecom operators Bouygues Telecom, Free, Orange, and SFR launched CAMARA APIs, enabling financial institutions to enhance fraud prevention and identity verification, improving security and reducing fraud.
Challenges
Four in five French companies face online fraud attempts; digital identity theft cases increased by 40% over four years.
Solution
Identity authentication solution with Bouygues Telecom, Free, Orange, and SFR using CAMARA-based APIs for fraud prevention.
Outcome
Reduced fraud incidents and enhanced customer identity verification, improving compliance and resilience. Increased scalability and economic gains through streamlined onboarding processes and enhanced collaboration among financial institutions.
Sources
- 01