Swiss Telecoms Launch First Fraud-Fighting Consortium
Event summary
- Swisscom and Sunrise, Switzerland’s two largest telecom providers, have established a fraud risk consortium to share real-time intelligence on fraudulent events.
- The LexisNexis® Risk Intelligence Consortium identified over four thousand high-risk data attributes in its first three months, resulting in a 150% uplift in fraud detection and achieving an almost 100% confidence rating in their consortium-enabled fraud alerts.
- The Communications, Mobile and Media sector saw more than 1 in 20 (5.2%) digital interactions being confirmed fraud attacks in 2025, higher than ecommerce (4.6%) and five times higher than financial services.
The big picture
This consortium marks a strategic shift towards proactive, real-time fraud prevention in the telecommunications sector. With digital onboarding and authentication processes being prime targets for fraud, this model could set a new standard for industry collaboration against financial crime. The success of this initiative highlights the importance of shared intelligence in combating sophisticated fraud networks.
What we're watching
- Consortium Expansion
- Whether LexisNexis can replicate this model globally across other sectors, given the success in Switzerland.
- Regulatory Compliance
- How international regulatory frameworks will adapt to or demand stronger fraud prevention measures across digital channels.
- Fraudster Adaptation
- The pace at which fraudsters evolve their tactics in response to this collaborative defense strategy.
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