Open Banking in East Africa : Aptantech features Myriad Connect
“Security and authentication are essential components of Open Banking, Myriad Connect notes – both to ensure every digital transaction is properly authenticated to prevent and detect fraud, but also critically, to provide express consent for consumers’ data to be shared in the ecosystem.
Myriad Connect empowers enterprises and mobile network operators to deliver new mobile services to enhance customer engagements and improve service delivery, regardless of device or connection. Myriad Connect’s range of products and services are integrated within mobile networks, exposing capabilities and core network assets to enterprises, offering unparalleled reach, security and quality of service. These unique products and services, leverage ubiquitous USSD technology, to drive digital inclusion and enable digital transformation in markets across the world.
In Financial Services, Myriad Connect’s push authentication and SIM swap detection services provide secure access, authorisation and authentication for financial services transactions and authorised access to any digital service or system, providing a more secure, cost effective, efficient and user friendly out-of-band-authentication service.”
Read the full article on Aptantech here.