News Summary

A collaboration between Canadian telecom giants Bell, Rogers, and Telus through their joint venture EnStream has led to the development of a new API aimed at preventing fraud associated with recycled phone numbers. Teaming up with Proximus Global, the API provides businesses with real-time data to detect when a phone number has been reassigned, allowing them to implement additional verification measures to protect customer data. This initiative addresses the growing issue of recycled numbers contributing to identity theft and fraud in Canada, where nearly one in five citizens have fallen victim to scams. The tool is designed for use by banks, fintech applications, government services, and other organizations to enhance digital security and reduce identity-theft incidents.