
28 Feb 2022
MobileID gains momentum to replace Social Network Authentication MobileID hits one million active users, deployment to new countries, adoption by operators worldwide and support from leading online companies
Barcelona, 28th February 2022 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, today announces that its MobileID authentication system has gained significant user, operator and online business support in its bid to become a global standard and replace authentication through social networks.
VEON's MobileID, developed using the GSMA's universal identity service, Mobile Connect, provides consumers with a digital passport to online services and retailers though their mobile devices and replaces the current approach of online authentication through social networks.
We need to take fake' out of the Internet. This means that the world needs to transition from social network identity-based verification to mobile identity-based verification, states Kaan Terzio lu, CEO, VEON. At VEON, we believe that we have a societal responsibility to protect our consumer and business customers. Ensuring that customer data is kept by licensed, regulated, and locally based service providers we believe delivers a muchneeded level of customer data protection. MobileID is an important step in that direction, and we will be working actively to expand its use through operator adoption and interoperability agreements.
The initiative to create a mobile-enabled solution to tackle the issue of digital identity verification has received the support of the GSMA, which represents the interests of mobile operators worldwide.
The role of the mobile device in society has changed dramatically over the years and its use in verifying digital identity is a logical next step, explains Alex Sinclair, Chief Technology Officer, GSMA. We encourage the development of technology that improves security for consumers and the GSMA's Mobile Connect service provides a solid foundation to do just that. We are very pleased to see MobileID grow rapidly and combat the challenges around identity and fraud.
Following a surge in VEON's Russian customers using MobileID from 600,000 in December 2021 to over one million today, VEON is announcing the expansion of MobileID to its mobile operators in Uzbekistan, Georgia and Pakistan. This is expected to provide its customers with a seamless sign-in to digital applications and services, and VEON has also extended the functionality of MobileID to include physical security, where it can be used to provide access to offices and other buildings.
MobileID has also been adopted by other international mobile operators, including MTS, Megafon, Tele2, and Digicel, and online service providers and retailers supporting MobileID now include 38 leading companies. MobileID is a compelling solution to the acceleration and broadening of access to electronic services, that enables financial and social inclusion. Critical advantages include convenience, as most people take their phones everywhere; security, through multi-factor authentication; and the relatively low cost for deploying agencies, comments Julian Burton, Digicel Group, Chief Digital Officer.
GSMAs MobileID technology offers a convenient and secure client digital identification path for mobile subscribers. And that is why MTS, like other market players, is actively launching solutions for clients' onboarding in e-comerce and fintech. We have already created a significant user base of such solutions within our Mobile ID platform, stated Sergey Yakovlev, the Head of MTS Center for Identification and Digital Products. MobileID safeguards both consumers and online companies. Since mobile operators have a verifiable record of their customer's identity, physical address or their financial details, MobileID has a potential to provide a much more secure form of ID than the self-declared persona that customers can create via social media. For online service providers and retailers, it enables them to securely authenticate users and manage their users' credentials.
MobileID offers consumers a streamlined, password free, customer authentication experience. Consumers benefit from the autofill of information for items such as credit applications, while the Permission Centre module will enable customers to manage and control permissions previously granted to service providers. The implementation of MobileID is through a device's SIM-card and this enables MobileID to work on any device, including feature phones. For online retailers, the sharing of customer attributes and knowledge of their physical location reduces operational fraud and enables the inclusion of credit rating information.
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and digital services. Our companies are transforming lifestyles through technology-driven services that empower opportunity in some of the world's fastest-growing emerging markets. For more information, visit: https://www.veon.com
Disclaimer
This release contains forward-looking statements, as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, expectations regarding VEON's ambitions for MobileID to become a global standard and replace authentication through social networks, the increased role of the mobile device in society, and the anticipated roll out of MobileID to VEON's operations in Uzbekistan, Georgia and Pakistan. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot pr
More from VimpelCom
10/07/2025
10 Jul 2025
VEON and Cohen Circle Secure Investor Commitments for Kyivstar Listing Kyiv, New York, Dubai, and Philadelphia - July 10, 2025 - VEON Ltd. (Nasdaq:...
02/07/2025
02 Jul 2025
VEON Raises USD 200 Million in Private Bond Placement Dubai, July 1, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON ), announces ...
18/06/2025
18 Jun 2025
VEON's Kyivstar Advances Direct-to-Cell Services With Starlink ...
17/06/2025
17 Jun 2025
Omiyinka Doris Chooses to Step Aside from VEON General Counsel Position Dubai, June 17, 2025: VEON Ltd. (Nasdaq: VEON; the Company or VEON ), a ...
17/06/2025
17 Jun 2025
VEON Appoints Vitaly Shmakov as Acting General Counsel Dubai, June 17, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON or the Co...
17/06/2025
17 Jun 2025
Kyivstar and Ministry of Digital Transformation of Ukraine sign Coo...
16/06/2025
16 Jun 2025
VEON Announces USD 35 Million Share Buyback Announcement marks the third phase of USD 100 million share buyback program
Dubai, June 16, 2025: VEON...
05/06/2025
05 Jun 2025
VEON Progresses in Kyivstar Group's Nasdaq Listing with the Pub...
05/06/2025
05 Jun 2025
Kyivstar Group Reports First Quarter 2025 Financial Results in Conj...
03/06/2025
03 Jun 2025
VEON and Engro Corporation Complete Pioneering Infrastructure Partn...
03/06/2025
03 Jun 2025
Empowering Kazakh Students: VEON's Beeline Kazakhstan introduce...
23/05/2025
23 May 2025
VEON and Engro Corporation Advance to Closing Pioneering Infrastruc...
20/05/2025
20 May 2025
Beeline Uzbekistan Moves its Headquarters to Tashkent's IT Park...
15/05/2025
15 May 2025
VEON 1Q25 Earnings Release: Strong Start to 2025, Digital Revenues ...
12/05/2025
12 May 2025
VEON Joins GSMA Advance's People Excellence Partner Program as ...
08/05/2025
08 May 2025
VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela ...
07/05/2025
07 May 2025
VEON's QazCode Signs MoU with Seekr to Develop AI-Powered Solut...
02/05/2025
02 May 2025
VEON to release 1Q25 trading update on May 15, 2025 Dubai, May 2, 2025 - VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms that t...
25/04/2025
25 Apr 2025
VEON Files its 2024 Annual Report on Form 20-F Dubai, April 25, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON' or the Compa...
14/04/2025
14 Apr 2025
VEON Publishes 2024 Integrated Annual Report Detailing Commitment t...
08/04/2025
08 Apr 2025
VEON Completes Reorganization Ahead of Kyivstar's Planned Nasdaq Listing Dubai, April 8, 2025: VEON Ltd. (Nasdaq: VEON), a global digital opera...
31/03/2025
31 Mar 2025
VEON Announces 2025 AGM and Board Nominees Notice of the 2025 Annual General Meeting of Shareholders of VEON Ltd.
Dubai, March 31, 2025 - VEON Ltd...
27/03/2025
27 Mar 2025
VEON Returns to Capital Markets with Successful Syndication of USD ...
26/03/2025
26 Mar 2025
VEON Appoints Anand Ramachandran as Corporate Development Officer Dubai, March 26, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON...
21/03/2025
21 Mar 2025
VEON and Airspan Sign MoU to Collaborate on Air-to-Land Network Sol...
20/03/2025
20 Mar 2025
VEON FY24 and 4Q24 Trading Update: Strong Delivery in 2024, Digital...
20/03/2025
20 Mar 2025
VEON to Proceed with USD 35 Million Share Buyback Announcement marks second phase of USD 100 million share buyback program announced on August 1, 2...
20/03/2025
20 Mar 2025
VEON Discloses Selected Key Financial Metrics About Uklon Kyiv and Dubai, March 20, 2025 - VEON Ltd. (Nasdaq: VEON), a global digital operator, tod...
19/03/2025
19 Mar 2025
VEON's Kyivstar Expands Digital Portfolio with Acquisition of U...
18/03/2025
18 Mar 2025
VEON Moves Forward with Kyivstar's Landmark Nasdaq Listing; Sig...
17/03/2025
17 Mar 2025
VEON appoints Johan Buse as the Incoming CEO of Banglalink Dubai and Dhaka, 17 March 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VE...
12/03/2025
12 Mar 2025
VEON to release 4Q 2024 trading update on 20 March 2025 Dubai, 12 March 2025 - VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms ...
06/03/2025
06 Mar 2025
Mobilink Bank Wins GLOMO Award for Invisible Heirs Campaign Barcelona and Islamabad, March 06, 2025: VEON Ltd. (Nasdaq: VEON), a global digital ope...
05/03/2025
05 Mar 2025
VEON's Jazz to Deploy 1,000 Solar Sites across Pakistan in coll...
04/03/2025
04 Mar 2025
VEON's Beeline Uzbekistan to Deploy Predictive AI for Enhanced ...
26/02/2025
26 Feb 2025
VEON Highlights Role of Investments in Rebuilding Ukraine, Renews ...
14/02/2025
14 Feb 2025
VEON's Kyivstar and the Come Back Alive Foundation Raise USD 2....
12/02/2025
12 Feb 2025
VEON's JazzCash and Mobilink Bank Shortlisted for Prestigious GLOMO Awards Dubai and Islamabad, February 12 2025: VEON Ltd. (Nasdaq: VEON), a g...
30/01/2025
30 Jan 2025
VEON Gets Unanimous Support from Noteholders Voting in Consent Soli...
16/01/2025
16 Jan 2025
VEON Appoints New Members to the Group Executive Committee Dubai, 16 January 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON or t...
13/01/2025
13 Jan 2025
VEON to List Kyivstar on Nasdaq in New York, Signs Letter of Intent...
09/01/2025
09 Jan 2025
VEON appoints Burak Ozer as Group Chief Financial Officer Dubai, 9 January 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON or the...
30/12/2024
30 Dec 2024
In a Groundbreaking Agreement, VEON and Starlink to Bring Starlink ...
19/12/2024
19 Dec 2024
VEON Completes the Move of its Headquarters to Dubai Dubai, 19 December 2024: VEON Ltd. (Nasdaq: VEON), a global digital operator ( VEON or the G...
13/12/2024
13 Dec 2024
VEON discloses its unaudited interim condensed consolidated financi...
12/12/2024
12 Dec 2024
Kyivstar and Jazz Secure Double Win for VEON at The World Communica...
11/12/2024
11 Dec 2024
Kazakh Language Gets its National LLM with a Groundbreaking Partner...
09/12/2024
09 Dec 2024
VEON Approves Launch of the Initial USD 30 Million Phase of its Sha...
05/12/2024
05 Dec 2024
VEON and Engro Corp Announce Strategic Partnership for Telecommunic...
03/12/2024
03 Dec 2024
In an Open Letter to VEON Investors, VEON Group CEO Welcomes the Un...