How they describe themselves: Nexmo is the global leader in cloud communications, providing innovative SMS, Voice, Chat App, and Verification APIs and SDKs. Nexmo enables applications and enterprises to communicate with their customers reliably and with ease, no matter where in the world they are located. Leading financial and banking companies such as Commonwealth Bank, WorldRemit, Swift, and Blender.co.il use Nexmo APIs to reliably scale their customer communications, globally.
How they describe their product/innovation: Despite additional security introduced by banks to protect customer transactions SIM swap fraud is on the rise. This new and little-reported scam allows fraudsters to complete cash transfers from a stranger’s account by accessing one-time pin codes and SMS notifications. Many fintech companies are now turning to the Nexmo Verify SDK, which allows them to add phone verification with a single function call and combines phone numbers with unique mobile device ids to detect SIM-swaps. Verify SDK is the only white-labeled SDK that manages user identities across multiple devices and platforms without building a complex user management backend, and adds a new level of security by tying phone numbers to unique device IDs.
Product distribution strategy: Direct to Business (B2B), through other fintech companies & platforms
Bus. Dev. & Sales: Alex Berry, EMEA Sales Director, email@example.com
Press: Adrian Richardson, Global PR Manager, firstname.lastname@example.org