Boku streamlines & secures online transactions in Germany
September 14 2021 - 11:00AM
Boku Inc., (AIM: BOKU), provider of the world’s most
comprehensive mobile operator identity network has launched its
Verify and Authenticate solutions in Germany, with both solutions
integrated with O2, Telekom Deutschland, and Vodafone. Now, 120
million German mobile subscribers will have access to more seamless
and secure digital account creation and transactions.
The launch in Germany increases Boku’s global coverage for
Verify and Authenticate to 20 countries. Leading global companies
including banks and fintechs, social networks, marketplaces and
government agencies work with Boku to enhance their digital
customer experience while ensuring world-class security for their
users.
Verify uses signals from mobile operators to
streamline digital customer onboarding while preventing identity
theft, money laundering, and social fraud.
Authenticate uses mobile operator SIM-based
authentication to secure digital account access without SMS
one-time passwords, delivering greater security in a fraction of
the time. Authenticate features SIM Swap detection to eliminate
this fraud vector quickly and easily.
With increasing digital transformation and swift competition for
consumers, these solutions give digital service providers a
competitive edge. Boku’s mobile identity suite protects consumers
from fraud while maintaining personal privacy, fully compliant with
GDPR regulations.
Stuart Neal, General Manager for Identity,
Boku, commented, "We are honored to partner with Deutsche
Telekom, O2 and Vodafone to bring German businesses and consumers
better, safer online experiences. Today, consumers expect seamless
and secure online experiences, and Boku along with our partners
make this possible.”
Enquiries:
Boku, Inc.Jon Prideaux, Chief Executive Officer
and Keith Butcher, Chief Financial
Officer +44 (0)20
3934 6630
IFC Advisory Limited (Financial PR & IR)Tim
Metcalfe / Graham Herring / Florence
Chandler +44
(0)20 3934 6630
About Boku
Boku Inc. (AIM: BOKU) is the world’s leading provider of mobile
payment and mobile identity solutions. Boku’s technology platform,
which is linked to more than 200 mobile wallets and network
operators worldwide, verifies user identity, executes payments, and
provisions new services, simplifying daily mobile interactions
between consumers and digital organizations.
Boku’s technology platform is used in over 59 countries with
over 815 million verified transactions in 2019, contributing $5
billion to the digital economy. Businesses that currently employ
Boku’s platform to simplify sign-up, acquire new paying users and
prevent fraud include global leaders such as Apple, Discover,
Experian, Facebook, FIS, Fiserv, Google, Microsoft, Netflix,
Paypal, Sony, Spotify and Western Union.
Boku Inc. was incorporated in 2008 and is headquartered in
London, UK, with offices in various locations globally including in
the US, Mumbai, Munich, Beijing, Paris, Sao Paulo, Singapore,
Taipei, and Tokyo.
To learn more about Boku Inc., please visit:
https://www.boku.com
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