Developed in collaboration with some of the largest operators in North America, this robust solution can be deployed rapidly and scaled across device ranges spanning multiple OEMs. Unlike other solutions that only solve part of the problem, ALPS establishes a Root of Trust, meaning fraudulently obtained devices cannot be unlocked or reused.
Smartphone crime is negatively impacting the industry
With device theft and fraud ranging from 5% to 25% of shipments and operators reporting a 200% YOY increase in armed robberies at retail stores, employees, customers, brand reputation and profit are suffering.
Ben Cade, CEO, Trustonic, comments: “A global crime wave of stolen, fraudulently obtained and sold-but-not-activated smartphones is costing operators billions of dollars in lost revenue annually, not to mention the loyalty of defrauded customers and the safety of employees. Trustonic is pleased to launch ALPS globally and make it available in all markets, after developing and proving the service with some of North America’s largest operators.”
“Our unique relationships with device makers and the impartial, trusted role we play in the ecosystem means Trustonic can rapidly deliver a single solution to operators that protects revenue across their device portfolio,” adds Cade. “We are empowering operators to take control in their fight against fraud, theft and device trafficking. This not only solves a billion-dollar problem for the industry, it also adds a significant contribution to their bottom line performance.”
The Trustonic Asset Lifecycle Protection Service™ (ALPS) is now available globally.