Telecom sealed a new strategic alliance that consolidates your new profile technology company. Partnered with Intraway, a firm specializing in solutions for the information and communications technology industry, to create the platform Openexpand.
This platform is cloud nativesecure and scalable that allows telecommunications operators in Latin America expose and monetize their networks through standardized APIs (application programming interfaces).
These APIs allow applications in various industries, such as fintech or e-commerce, to improve their digital flows quickly and efficiently.
In addition, it will offer a cloud native platform that will allow developers Create innovative applications and improve existing ones.
The first solutions that Telecom will market through Openxpand are focused on security and anti-fraud. Among them, functionalities that improve user authentication and protect identity in mobile applications stand out.
The objectives of the new Telecom technology company
The objective of the new company is position yourself as a main partner of operators in the Latin American region to accelerate the monetization of network and data services via APIS, facilitating the integration and coding of network services for developers who design applications.
Openxpand was born under the global standard Open Gateway of the GSMA, an initiative that transforms telecommunications networks into programmable services through secure and standardized APIs.
At the forefront of this new digital business paradigm, Openxpand takes advantage of the momentum of an ecosystem in which the main global telecommunications operators participate and have launched APIs in key areas such as security and fraud prevention. This approach promotes innovation and accelerates the monetization of networks in the region.
The launch of Openxpand was carried out within the framework of the ATVC 2024 International Conference and included the participation of Roberto Nobile, CEO of Telecom; Leandro Rzezak, founder of Intraway; Lucas Lodeiro, CEO of Openxpand, and Lucas Gallito, Director of GSMA for Latin America.
Another move towards a digital economy
“With Openxpand we are taking a key step in the digitalization of the region,” said Roberto Nobile, CEO of Telecom. This platform takes applications to the next level, offering more personalized and secure serviceswhich opens the door to innovative solutions. In addition, we want other operators in Latin America to take advantage of our experience with APIs. to accelerate your own transformations. Locally, we are very excited about the tests we are doing with developers and companies.”
For his part, Lucas Lodeiro, CEO of Openxpand, added: “Our goal is to ddemocratize access to mobile networks programmable so that developers, cloud service providers and startups can generate new business models. With this platform, we will accelerate innovation in key sectors such as fintech, e-commerce, transportation and governmentsamong others”.
The platform includes solutions for consent management, authentication, access management, and an easy-to-integrate developer portal. It also offers advanced reporting and billing tools, as well as consulting services for API integration.
The first APIs, now available, allow Apps to have a secure login and new validations in their mobile transactions. These are the following:
–SIM Swap– Protects against fraud by verifying SIM or eSIM changes.
–Number Verification– Automatically authenticates a user’s line without requiring SMS passwords.
–Device Status: Detects if a SIM is roaming, preventing fraud.
-Device Location: Validates device location to prevent GPS spoofing.
These four APIs are the beginning for Openxpand and Telecom Argentina. Currently the company is about to develop a catalyst with Banco Galicia to explore new uses and impacts of APIs.
Furthermore, with the deployment of 5G, new opportunities open that will allow the company to offer advanced solutions, such as quality of service on demand (QoD), which will allow specific Apps to optimize stability, bandwidth and latency dynamically, considerably improving the user experience in environments such as video games, live broadcasts and critical security applications.
Intraway has more than 20 years in the market and thousands of projects executed in more than 25 countries. It is one of the main expert companies in digital transformation and development of mission-critical software for mobile and fixed operators in the Americas, with a 100% project success rate.
In particular, Intraway helps operators be more agile in introducing new products to the market, reduce operating expenses and migrate operation support systems to the cloud.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
