According to reports, Truecaller wants to collaborate with Reliance Jio, Bharti Airtel, and Vi (Vodafone Idea) to shield customers from telemarketers and scammers. Identification data is easily stolen as India continues to use more computerized methods of payment, watching films, and even taking public transportation.
Spam calls and messages may result in hackers gaining access. For Android, Truecaller has adopted a lot of strategies to reduce SMS scams. However, a strategic partnership with India's top telecom companies can enhance cyber security for the users.
Nami Zarringhalam, the chief strategy officer and co-founder, Truecaller stated in an interaction with The Economic Times that the business plans to use "artificial intelligence (AI)-based technologies" to sort out scammers' schemes, which are viral in the cybersecurity industry.
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The corporation is probably referring to the consulting document published by the TRAI last year, introducing Calling Name Presentation (CNAP) in Telecommunication Networks. The telecom organization was looking into the possibility of displaying caller ID on phones to assist users in recognizing callers, including potentially spam callers. The Cellular Operators Association of India (COAI), a body of representation for all three telecoms, rejected the government's recommendation due to cost and privacy-related issues. Jio has claimed that the requirement to activate the CNAP program on every device raises privacy-related concerns.
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Reportedly, the Swedish company launched its first office outside of Sweden, with roughly 200 people, in Bengaluru. Truecaller will also expect to increase its presence in India, where it already has a sizable customer base, through such agreements.