Mobile Identity Partnership with French Carriers

RNS Number : 9567V

Boku Inc

20 April 2021

 

REACH

20 April 2021

Boku Inc.

("Boku" or the "Company")

Boku Partners with French carriers to launch mobile identity services in France

Boku Inc (AIM: BOKU), a leading global provider of mobile payment and identity solutions, is pleased to announce it has partnered with French mobile service providers SFR, Orange and Bouygues Telecom to launch mobile identity products aimed at protecting consumers against cyber-hacks, account takeover attacks, SIM swap attacks, and other forms of digital fraud.

There is a growing demand for mobile identity authentication services in France as more companies continue to realise the necessity of advanced multi-factor authentication and digital identity proofing solutions in the wake of increased incidences of digital fraud.

Boku's Digital Identity Proofing solution will match mobile subscribers account registration details to new account registration information to ensure that new accounts are being created by the person, and not a fraudster. The Phone Number Verification (Authentication) solution will verify mobile number possession directly on the device by using its built-in connectivity to the mobile operators' wireless network. Moreover, Boku will be able to provide signals around changes to the SIM card, phone number changes and reassigned numbers to further curb various common tactics of fraudsters.

Stuart Neal, General Manager for Identity, Boku , commented, "We are honored to partner with SFR, Orange and Bouygues Telecom to introduce a safer and more seamless digital world for mobile users in France. Boku has already built the most comprehensive network of direct mobile operator connections for identity and extending our capabilities into France is a major milestone as we continue to expand globally."

Richard Croft, Head of Value Design, Bouygues Telecom , commented, "As an ISP we have the means to provide extra protection to our customers' personal information as they use digital services online. As such this partnership is key in ensuring the rapid deployment of Mobile ID, a service portfolio built in collaboration with our industry peers, where privacy-by-design is a core value. We also expect the partnership to support our continued efforts towards improving the quality and reach of such services."

Christian Bombrun, Director of Products & Services, Orange ,   commented , "This partnership will ensure greater online security and convenience for all customers of Orange. We are proud to work with Boku to provide a better experience for our customers."

Vincent Diego, Manager of SFR Pay , commented, "Protecting our customers has always been a priority for SFR. This partnership with Boku will make it possible to go further in the fight against fraud and the improvement of customer journeys on mobile devices."

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer

Keith Butcher, Chief Financial Officer    [phone]

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe / Graham Herring / Florence Chandler                                           [phone]

About Boku

Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment and identity solutions. Boku technology is integrated into over 220 mobile wallets and network operators worldwide powering mobile user authentication and mobile payments. Boku processes over 800 million transactions worth more than $7 billion annually in nearly 70 countries. Global leaders that rely on Boku to acquire, monetise, and protect digital consumer transactions include 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, Estonia, Munich, Beijing, Paris, Sao Paulo, Singapore, Taipei, and Tokyo.

To learn more about Boku Inc., please visit: https://www.boku.com

About Altice France (SFR)

Altice France is the leading telecoms-media convergence player in France. Through SFR, France's second-largest communications services company, Altice France is a telecommunications industry leader serving 25 million customers. Providing a fiber optic network (FTTH / FTTB) of 21 million eligible connections, SFR has launched 5G in France and also covers 99.7% of the population with 4G. SFR has major positions in the market, among the public, businesses, local authorities and other telecom companies.

Altice France is also a leading media group with iconic brands such as BFM and RMC. In 2020, Altice France achieved a turnover of 10.9 billion euro. Follow the Group's latest news on Twitter: @AlticeFrance
 

About Orange

Orange is one of the world's leading telecommunications operators with sales of 42.3 billion euros in 2020 and 142,000 employees worldwide at 31 December 2020, including 83,000 employees in France. The Group has a total customer base of 259 million worldwide as at 31 December 2020, including 214 million mobile customers and 22 million fixed broadband customers. The Group is present in 26 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In December 2019, the Group presented its new "Engage 2025" strategic plan, which, guided by social and environmental accountability, aims to reinvent its operator model. While accelerating in growth areas and placing data and AI at the heart of its innovation model, the Group will be an attractive and responsible employer, adapted to emerging professions.

Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN). For more information on the internet and on your mobile:  www.orange.com ,  www.orange-business.com  or to follow us on Twitter: @orangegrouppr.

About Bouygues Telecom 

As a full-service electronic communications operator, Bouygues Telecom stands out by providing its 22.9 million customers access to the best technology has to offer on a daily basis. The very high quality of its 4G and 5G mobile networks and of its fixed and Cloud services provides customers with simple solutions, enabling them to fully enjoy their digital lives, regardless of their location.

#OnEstFaitPourEtreEnsemble -  www.bouyguestelecom.fr

 

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