Monday February 6, 2023

Account Takeover Protection

Use Case	Account takeover protection
Sector	Financial Services
CAMARA API	SIM Swap Call Forwarding Signal View API Descriptions
Business problem being solved	Preventing unauthorised access to bank accounts by detecting potential fraud during a bank’s mobile customer verification processes and ensuring the security and trust of their clients.
How the solution works	The solution integrates within a bank fraud and risk workflow. When a high-risk transaction is detected, the bank can leverage mobile network data to help detect account takeovers. By combining data from the following APIs, the system can identify suspicious activities during mobile verification processes: SIM Swap Detection: The API checks for recent SIM swap activities, which can indicate potential fraud Call Forwarding Signal: The API monitors call forwarding settings to detect unusual changes that may suggest account takeover attempts.