PYMNTS.com featured Myriad Connect’s toll to combat SIM-Swap Fraud.
The article covered details how Myriad Connect’s service helps impact SIM-Swap fraud, detailing how Myriad Connect’s service helps “… to reduce SIM swap by providing a real time check on the SIM, which cannot be tampered with via compromised third parties within an operator or bank. Using USSD (Unstructured Supplementary Service Data) authentication, no data is held with any third party, providing a more secure service. Myriad said a clear audit trail is also established, where the user’s identity is verified by a party external to the transaction. This results in a technology that will greatly enhance the security of transactions vulnerable to SIM swap fraud.”
Read the full article here.