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Minimise fraud and risk on a mobile number with Phone ID & Score  

Phone ID and credit score

Considering our growing dependence on mobile devices, it is essential for businesses to recognise the potential dangers linked to fraudulent activities. Mobile phones have become an indispensable aspect of our daily lives, storing vast amounts of personal and financial data that cybercriminals can exploit.   

As technology progresses, fraudsters also develop more sophisticated methods, underscoring the urgency for companies to adjust their security protocols accordingly. Neglecting the vulnerabilities presented by mobile phones may expose both clients and businesses to a range of fraudulent schemes, emphasising the necessity for comprehensive approaches to protect against this ever-evolving landscape of threats.  

With Datanamix, a business can minimise fraud and risk on a mobile number with Phone ID and Score.    

Here’s how Phone ID and Score checks can assist your business:  

Porting  

With the Phone ID service, you can verify which carrier the mobile number belongs to. Not only that, but you will also be able to see if the number has gone from one provider to another. This means you will be able to identify when the number went from Vodacom to MTN to CellC.   

SIM Swap Score  

Many times, the most significant fraud takes place when people are in the process of a SIM swap. This is because the current number can still be active while a person waits for their new number to kick in. This is where fraudsters can get OTPs for online transactions,  thus impacting the viability of two factor authentication (OTP). 

The SIM swap score report will provide you with information on when last a person did a SIM swap, including the date and time, allowing your business to see if a number should be blocked or if it is s high-risk.   

Contact Check    

The Phone ID and Score report will also provide your business with a contact check, meaning you can see the name of the person that the number belongs to. This is a strong authentication method and can assist in minimising fraud with mobile numbers as much as possible.   

This is available globally in over 230 countries, providing your business with peace of mind when onboarding new clients.   

View the sample report here.   

Here’s how Phone ID and Score can assist your business:  

  1. Comprehensive global data coverage: PhoneID provides information about users from more than 230 countries and territories, enabling businesses to obtain vital insights into their potential clients.  
  1. Enhanced security and fraud prevention: PhoneID offers instant API access to accurate and up-to-date data regarding phone numbers and user identities. This empowers businesses to make informed decisions regarding new registrations, user activity, and potential fraud risks.   
  1. Seamless integration: PhoneID ensures that businesses can operate with the utmost confidence. By accessing real-time data on phone numbers and users, businesses can improve conversion rates and adhere to compliance requirements.  
  1. Responsible user base growth: With Phone Score, businesses can streamline the account registration process and expand their user base while maintaining and building verified and valuable users in a secure manner.  
  1. Detection of fake and suspicious users: Phone Score enables businesses to mitigate fraudulent activities by verifying the authenticity of end-users and detecting any suspicious behaviour.  
  1. Preservation of brand reputation and value: Phone Score helps businesses minimise the adverse effects of fraud while building a more genuine and valuable user base.  

The Phone ID and Score are available via API, making it easier to integrate our system with yours, giving you a direct line to valuable information. Get started with your API here

View our example report of a Phone ID report here.

REFERENCES: 

Getting started with REST API — https://www.datanamix.com/developers-page/ 

Phone ID and Score Sample Report — https://bit.ly/3XHR192  

Datanamix PhoneID & Score — https://www.datanamix.com/datanamix-phoneid-score/  

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Disclaimer: The information in this BLOG is provided for general informational purposes only and is the opinion of the author only. No information contained in this blog should be construed as legal advice from pbVerify or the individual author, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this blog should act or refrain from acting on the basis of any information included in, or accessible through, this blog without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue.