Aduna, Deutsche Telekom, mBank, and Vonage Collaborate on AI Banking Security at World Banking Forum
Aduna, Deutsche Telekom, mBank, and Vonage are collaborating at the World Banking Forum in Athens to showcase new approaches to secure digital banking, announced in a press release. The event brings together banking and technology leaders to discuss how AI, 5G, and network APIs can help reduce fraud and improve customer authentication.
The collaboration highlights how embedding mobile network capabilities directly into banking applications can strengthen fraud prevention. Network APIs enable banks to access verified network data in real time, allowing for seamless and secure interactions while minimizing fraudulent activity.
Aduna, a joint venture involving Deutsche Telekom and Ericsson, acts as an aggregator of network capabilities, making them accessible to developers. Vonage provides APIs and SDKs that integrate these capabilities into banking systems, helping automate verification processes and enhance fraud detection.
Executives from the participating companies stated that the use of network APIs in authentication workflows has already delivered measurable benefits in improving security and customer trust. The joint initiative underscores the growing role of telecom infrastructure and AI in strengthening the digital banking ecosystem.
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