JT International Blog

Many financial institutions struggle to safeguard customers against SIM swapping, despite how prevalent this rising form of fraud has become.

In this post, we'll explore what SIM swap fraud is and how a SIM swap service for banks can strengthen fraud protection..

Introducing JT SIM Swap Service

We have developed a dedicated platform to mitigate the risks of SIM Swap - a comprehensive SIM monitoring solution that leverage the full market operator coverage to provide real-time information on whether a SIM has been swapped and..

Though SIM swapping is a relatively new form of mobile fraud, only dating back as far as 2013, it has become increasingly popular with fraudsters in the UK and around the globe. So much so, that the US Fair Trade Commission noted an increase of 150% in the number..

A SIM swap - also known as SIM porting - is not inherently fraudulent. Telecom providers created this process so that consumers could easily move an existing phone number to a new SIM card. This is helpful in cases where consumers are upgrading to a new phone or..

Smartphones have become an integral component of our personal and professional lives, allowing individuals and businesses to accomplish all manner of things never before possible. As we have become increasingly dependent on these devices, we have shared more of..

With mobile devices being the hottest fraud target, SIM swapping is becoming an increasing concern for banking and payment service providers. The nature of the fraud often puts banks at a position where they are not able to act immediately in case of a..