AT&T wants to improve payment card fraud prevention with phone geolocation

The operator expects to make a new service available to enterprise customers later this year

AT&T plans to test a service allowing payment card providers to access the location of a customer's phone to improve the accuracy of fraud prevention systems for transactions made abroad.

The service is part of AT&T's Location Information Services portfolio, and allows businesses to access network data to locate a device to authenticate a user's location, helping to protect against potential fraud. For the fraud protection to work, users will first have to opt in, AT&T said.

A credit card company can use the service to confirm someone has traveled to a new country as soon as they land and turn on their phone. The goal is to help credit card companies make more informed decisions, such as whether to approve or decline purchases made abroad.

The test will begin this summer, and AT&T expects to make the service available to enterprise customers later this year. The plan is to make it available in more than 150 countries, the operator said on Thursday.

Between 50 percent and 80 percent of declined transactions are actually legitimate, but they are turned down by financial institutions for security reasons, according to Mastercard.

Back in February, Mastercard and roaming infrastructure company Syniverse also announced the ability to protect credit card transactions abroad with the help of a phone's location.

Within less than 300 milliseconds a request goes from the payment terminal into Syniverse's platform, which keeps track of where roaming phones are located, and then information is returned about whether a transaction should be approved or denied, Syniverse said at the time.

AT&T's service is based on the operator's Mobile Identity API Toolkit, which launched in December last year.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags at&tsecuritymobile securityAccess control and authenticationfraud

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Mikael Ricknäs

IDG News Service
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?