Identification APIs in Argentina

We are pleased to announce that Plusmo has implemented SIM Swap and Number Verification mobile identification APIs in Argentina, developed under the Open Gateway initiative. (telesemana.com)

What Do These APIs Mean for Digital Security?

• SIM Swap: Prevents phone number hijacking by detecting suspicious SIM card changes, stopping fraudsters from duplicating numbers to hack accounts and steal credentials.
• Number Verification: Automatically validates that the user browsing on a telecom network is using their registered phone number, without requiring SMS messages or additional verifications. This not only strengthens security but also enhances user experience by eliminating unnecessary authentication steps.

Relevance in the Current Context

The launch of these APIs comes at a crucial time, as the Central Bank of Argentina (BCRA) updated its security and fraud prevention regulations for digital financial services in 2023. Current legislation holds financial institutions responsible for unauthorized access to customer accounts, making the adoption of stronger identity verification technologies essential.

For more details on this implementation and its impact on digital security in Argentina, we invite you to read the full article published on TeleSemana: (telesemana.com)

At Plusmo, we remain committed to leading innovative solutions that enhance security and improve the user experience in the digital ecosystem.

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