MWC Open Innovation Challenge 2026

2 – 5 Mar 2026 | Barcelona, Spain

ChallengeUpdated on 9 January 2026

Alternative Authentication Solutions for High-Risk Transactions

Vice President, Mobile Banking & Mobile Apps at AKBANK T.A.Ş

İstanbul, Türkiye

About

  • An additional identity verification step is applied for tansactions that carry high risk in order to prevent financial fraud cases.

  • Currently, encrypted identity information from the customer's chip based ID card is read via NFC technology and verified through the government-backed Identity Sharing System.

  • Due to issues related to the user, the ID card, or the device, alternative authentication methods that improve accessibility, reduce operational costs, and enhance the overall experience are being considered.

  • Solutions that leverage boimetric data for identity verification or device-based security enhancements will be evaluated.

Topic

  • Cybersecurity/data security/cryptography
  • Design / User interface / UX
  • Identity Management

Type

  • Co-development
  • Acceleration/Incubation, mentoring and co-working spaces

Organisation

AKBANK T.A.Ş

Corporation

İstanbul, Türkiye

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