The identity and antifraud landscape is changing. The advancement of AI creates an unprecedented ability to identify and exploit software-level gaps in identity processes, availability of sensitive content online and on social media is driving an increased focus on onboarding verification, and certain markets and vendors are starting to see one time passwords (OTP) as a legacy solution. The digital ecosystem is subsequently seeing significant upticks in malicious attacks, fraud threats, and scams and is therefore continuously searching for ways to update its security capabilities to keep up with the pace of change.
Operators can play a clear role in this changing landscape and, through API-driven silent authentication, hold a potential key to unlock new growth from antifraud and identity services. Yet, even with this growing opportunity, operators are still hesitant on whether now is the right time to invest, and whether the risks of moving too early outweigh the risks of a “wait and see” approach.
In this webinar, STL Partners and LotusFlare will explore:
- The telco proposition for Silent Authentication in an AI era
- The commercial model for network API-drive authentication
- The risks of not moving and the “barrier” of SMS OTP cannibalisation
- How the ecosystem derisks investment for operators
