Maxis Bhd chief executive officer Goh Seow Eng.
KUALA LUMPUR: Maxis, Thailand’s AIS and Singtel have signed a memorandum of understanding to enable network-based authentication for mobile subscribers, which would help to strengthen the fight against digital crime.
The suite of solutions authenticates digital identities registered on consumer services or platforms against telco data.
"The solution is based on interoperable telco application programming interfaces (APIs) and based on GSM Association’s common framework of industry standards and protocols,” Maxis said in a statement today.
It said the collaboration 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.
Maxis chief executive officer Goh Seow Eng said leveraging the latest capabilities in real-time authentication enables the telcos to provide 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," he said.
Maxis said the solution would help mitigate illegal account takeovers and unauthorised transactions resulting from phishing and malware app scams.
"It also enables a smoother multi-factor authentication process as consumers’ digital identities are verified instantly and directly between the telco and service providers," it said.
The collaboration would 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," it added. - Bernama
