Verizon, AT&T, and T-Mobile have collaborated to launch a new network-based authentication solution. The solution combats digital fraud.
Network API provider Aduna facilitated the joint effort. It protects U.S. mobile users from the increasing threat of AI-driven identity theft and social engineering scams.
The new system replaces less secure SMS one-time passcodes. It uses a more robust method that verifies a user's identity directly through the carrier network.
It confirms in real-time the mobile number's legitimate association with the specific SIM card and device in use. This approach provides stronger, possession-based security. It prevents account takeovers and other fraudulent activities. It offers a more seamless and secure experience for businesses and consumers.