Telcos launch bank federated number verification API


The Federated Open Gateway helps developers build services interoperable with every participating operator while providing an interface, interoperability and cross-market coverage. — Unsplash

KUALA LUMPUR: CelcomDigi Bhd, Maxis Bhd, U Mobile Sdn Bhd, Telekom Malaysia Bhd (TM) and YTL Communications Sdn Bhd have announced plans to provide banks and online retailers with federated access to the number verification application programming interface (API) to combat fraud and digital identity theft.

The Federated Open Gateway helps developers build services interoperable with every participating operator while providing an interface, interoperability and cross-market coverage.

“This allows companies to easily connect their platforms to the rich functionality within mobile operator networks,” the telcos said in a joint statement.

Unveiled at the Digital Nation Summit, Kuala Lumpur Asean Edition, the initiative is part of the GSMA Open Gateway programme, which enables developers to build services that can work across all participating operators while allowing each operator to retain control of its data, policies and revenue.

The number verification API is seen as a secure alternative to SMS one-time passwords by verifying a mobile user’s identity against real-time network data.

CelcomDigi acting chief executive officer (CEO) Albern Murty, Maxis CEO Goh Seow Eng, U Mobile chief information officer Neil Tomkinson, TM Group CEO Amar Huzaimi Md Deris and YTL Communications CEO Wing K Lee expressed support for the collaboration.

They stressed the importance of industry-wide cooperation to strengthen digital trust and security.

According to GSMA Head of Asia Pacific Julian Gorman, the initiative forms part of a global programme involving 79 operator groups, covering 291 networks and nearly 80% of mobile connections worldwide. —Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Cypark gets nod for Phase 2 WTE plant
Yoong Onn’s Singapore unit appoints contractor for RM41.18mil project
MR DIY 2Q26 net profit falls to RM134.4mil
Sports Toto disposes of stakes in 7-Eleven, Berjaya Assets for RM16.61mil
Ringgit higher against major currencies, eases against greenback at close
Tex Cycle eyes further growth as it expands environmental solutions business
West River wins RM22.56mil sub-contract from China State Construction
NEEAP 2.0 targets RM85.24bil utility savings, 11.6% cut in energy demand by 2035
Inokom launches RM300mil Paint Shop 3 in Kulim
Maybank completes RM4.8bil Tier 2 sukuk issuance

Others Also Read