This collaboration shows how mobile networks, APIs, and AI are coming together to reshape banking making it smarter, safer, and more seamless for everyone.
Vonage, part of Ericsson, has announced its participation in the World Banking Forum in Athens, joining forces with Aduna, Deutsche Telekom, and mBank to explore how advanced technologies are transforming modern banking. The global event brings together senior banking executives and technology innovators to discuss how digital transformation and connectivity can drive the next generation of secure financial services.
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As the financial sector continues to embrace digital channels, fraud has become one of its most pressing challenges. With the emergence of artificial intelligence (AI) and other sophisticated technologies, cyber threats are becoming more complex and costly global cybercrime damages are projected to reach $11.9 trillion annually by 2026. In this evolving landscape, banks must adopt advanced fraud prevention strategies that balance innovation, compliance, and customer trust.
At the Forum, Aduna, Deutsche Telekom, mBank, and Vonage are highlighting how the convergence of 5G, Network APIs, and AI can revolutionize fraud detection and reshape the customer experience in digital banking. By embedding mobile network capabilities directly into financial applications, banks can provide secure, frictionless user experiences while reducing fraud in real time.
Through network APIs, banks like mBank can access verified network data instantly—enabling more reliable authentication, reducing fraud, and improving overall efficiency. Aduna, a joint venture between leading telecom giants including Deutsche Telekom and Ericsson, plays a key role in aggregating global network capabilities. Meanwhile, Vonage makes these capabilities accessible to developers via APIs and SDKs, empowering them to build innovative, secure financial solutions.
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“Collaboration between telcos, aggregators, and developer partners is absolutely essential,” said Peter Arbitter, Chief Commercial Officer at Aduna. “At Aduna, we see our role as bringing these worlds together — connecting telecom capabilities with developer innovation. By making network APIs more accessible, we’re helping drive the next wave of secure, seamless digital banking experiences around the world.”
David Darmon, VP of International Sales, API, at Vonage, emphasized, “Vonage Network APIs give developers the tools to automate verification processes at scale. By leveraging programmable network capabilities and verified network data, we’re helping banks strengthen fraud protection, safeguard revenue, and elevate the customer experience.”
Andrzej Ochocki, Head of Identity Management at Deutsche Telekom, added, “The digitization of banking has significantly increased the demand for network security. Deutsche Telekom is committed to offering APIs that directly address evolving fraud and security challenges.”
Pawel Kowalski, Digital Security Product Owner at mBank, noted the real-world benefits: “At mBank, we’re constantly exploring innovative ways to ensure a seamless and secure digital banking experience. Integrating network APIs into our fraud prevention and authentication workflows has enhanced customer trust and improved overall security.”
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As cyber threats grow more sophisticated, partnerships like this one between Vonage, Aduna, Deutsche Telekom, and mBank signal a new era in secure, intelligent, and connected banking—where technology innovation and collaboration form the foundation for financial confidence worldwide.
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Source : businesswire