MEO is advancing its digital security strategy by developing and providing standard network APIs, which enable advanced use cases in the areas of application authentication, fraud prevention, and the protection of critical transactions.
These capabilities are particularly important for critical sectors such as financial institutions and banks, where enhanced authentication helps mitigate instances of bank fraud, making them key factors in security. Using these APIs makes it possible, for example, to validate identities in real time, detect suspicious behavior patterns, and enhance security for critical transactions such as payments or bank transfers, contributing to a safer, less intrusive, and more reliable experience for the end customers of these institutions.
A concrete example is the authentication and validation of transactions in online banking apps, which are currently supported by SMS. The integration of standard network APIs into these apps will make it possible to offer various security factors for enhanced security—such as mobile number verification, SIM card replacement, or location verification—with the added advantage of doing so in a “silent” and less intrusive manner.
For software development companies, these APIs represent an opportunity to integrate advanced features directly into applications, based on global standards adopted by telecommunications operators. This framework enables the development of scalable and interoperable solutions designed for international use, accelerating innovation and simplifying implementation.
MEO’s strategy is based on an open and collaborative innovation model, supported by partnerships with leading technology companies in the digital ecosystem, such as Nokia, Infobip, and Aduna. MEO has been working with these partners to develop and make these APIs available, raising the standards for security and reliability in digital communications.
Security is a central pillar of MEO’s strategy, keeping pace with the evolution of the digital ecosystem, which is marked by the growing adoption of 5G and the expansion of APIs. MEO positions itself as a trusted partner in creating innovative solutions, strengthening the security, reliability, and resilience of digital communications, and making the most of technology to create solutions that deliver real value to its customers.