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ANONYBIT FOR TELECOMMUNICATIONS
Put your telco at the forefront of innovation that includes security and privacy.
The ongoing transformation of our society by telecom and mobility is undeniable. As the digital landscape continues to evolve with more and more transactions and identities managed via mobile devices, so too must our approach to privacy and security evolve in tandem. Minimum compliance for telco fraud prevention is not enough. You need Anonybit, a brand differentiator that sets you apart from the competition and helps you attract customers who value privacy, security and above all, a seamless user experience.
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"We have been impressed by the Anonybit team’s deep industry experience, as well as the company’s traction with identity verification providers and other industry partners that service banks."
Discover how Anonybit is used by Telcos
Blocklist Checks
Using the Anonybit decentralized biometric backend for telco fraud prevention, search existing records to ensure that someone is not already in the system under another name.
Authentication
Invoke Anonybit to ensure someone is who they claim to be at any point in the user journey - set up a new mobile account, change details on an account, add a line to an account, assign a SIM card to a new device, ensure SIM swap fraud prevention. The possibilities are endless.
Account Recovery
Instead of using easily-bypassed passwords, security questions, authenticator apps and OTPs for telco fraud prevention and SIM swap fraud prevention, use Anonybit selfie biometrics for quick and easy account resets and be assured that an account owner is really who they claim to be.
The Anonybit Genie closes the Circle of Identity for Telcos
Easy onboarding
Anonybit can ingest images from any source for enrollment. If there is no account registration process that already requires selfie capture, Anonybit can provide an intuitive interface that checks for liveness, deepfakes and injection attacks.
Prevent duplicates, synthetics and blocklisted users from enrolling
Today’s fraudsters know how to get around today’s identity verification protocols. The one thing they cannot hide is their face. The digital onboarding module runs a search against the existing biometric profiles to give you a clean, trusted biometric directory that you can rely on for all your telco fraud prevention needs.
Patent-pending backend based on multi-party computation
Biometrics are sharded and stored across a multi-party cloud environment such that no party has access or knowledge of the data held by another party at any time. Each component of the system is encrypted with its own cryptographic key, which is not accessible by any administrator, eliminating the even insider threats.
Link any attribute to the decentralized biometric profile
Connect credentials, tokens, FIDO PassKeys and more to a trusted biometric profile to create the foundation for strong, two factor biometric authentication and SIM swap fraud prevention downstream.
Identity validation based on “something you are”
Leveraging state of the art NIST tested algorithms with built-in liveness detection, Anonybit provides reliable, strong authentication regardless of device or channel – online, in store, chat, call center for telco fraud prevention.
Streamlines account reset
Anonybit neutralizes this attack vector, while reducing authentication time by 70%, lowering fraud and improving the user experience, with the savings going straight to your bottom line.
Anonybit works with existing telco fraud prevention and identity management systems
Recent statistics highlight the escalating risks of telco fraud. The fact is, the digital landscape is rife with cyber threats, and telco networks are in many cases ground zero for attackers. With the strongest authentication based on user biometrics linked to account registration and the highest levels of data protection, Anonybit helps you stay one ahead of the risks with SIM swap fraud prevention, safeguarding both your network and your customers. And with a full range of partnerships and integrations, you can be set up in no time.
Looking for a different integration?
Talk to our solutions team today.
Why Telcos love Anonybit
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End to end solution
Leverages biometrics to eliminate the gaps exploited by attackers. Not susceptible to most SIM swap fraud attempts, unlike traditional solutions that fall back to PINs, and knowledge questions for SIM swap fraud prevention.
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Streamlined UX
No one-time passwords, emails or SMS that disrupt the user experience and are easily forgotten or stolen.
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Privacy compliant
Enhances compliance posture with GDPR, CPRA, etc. and reduces concerns around storing and managing biometrics and other sensitive data.
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Multiple use cases for telco fraud prevention
From SIM card registration, to mobile wallets, verifying account details, adding and removing lines and devices, use Anonybit as a powerful brand differentiator to position your telco as a leader in prioritizing customer privacy and digital security.
RESOURCES
Stay current on the latest in identity, biometrics, fraud prevention and privacy compliance.
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Are you ready to eliminate the risk of data breaches and account takeover fraud?
Get rid of central honeypots of data. Embrace biometrics across the user lifecycle.