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TeleSign Expands Intelligent Authentication Product Suite with PhoneID Contact - TeleSign, the market leader in and Intelligent Authentication, announced the newest product in the PhoneID suite, which helps real-time fraud prevention for online businesses by delivering name and address details based on a phone number - TeleSign.com
TeleSign Expands Intelligent Authentication Product Suite with PhoneID Contact

 

NewswireToday - /newswire/ - Marina del Rey, CA, United States, 2012/08/27 - TeleSign, the market leader in and Intelligent Authentication, announced the newest product in the PhoneID suite, which helps real-time fraud prevention for online businesses by delivering name and address details based on a phone number - TeleSign.com.

   
 
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TeleSign, the market leader in Internet fraud prevention and Intelligent Authentication, announced the newest product in the PhoneID suite, which helps online businesses block fraud by delivering name and address details based on a phone number. PhoneID Contact enables online merchants and consumer web services to determine the risk level of a transaction in real-time, resulting in reduced fraud and increased revenue.

The growth and convenience of eCommerce and consumer web services have opened up the door for rampant fraud. Businesses struggle to verify the identities of their customers with limited pieces of information. PhoneID Contact returns name and address, phone type (e.g., prepaid mobile, VoIP, landline, etc.), registration location information, and an auto-corrected phone number. Access to this data enables merchants to make real-time decisions, blocking fraud before it results in lost revenue.

PhoneID Contact paired with TeleSign Verify (telesign.com), which sends a one-time code to the user’s phone, automates the fraud screening process and ensures that the customer is in fact linked to the phone number used during the transaction. This results in a significant decrease in fraud and increased operational efficiency.
“With the growing number of online users, it is necessary that merchants have access to correct data to determine the level of risk associated with online transactions,” said Charles McColgan, CTO, TeleSign. “Leveraging multiple data sources, PhoneID Contact delivers unparalleled match rates on returned name and address data, enabling businesses to quickly flag or block fraudulent activity.”

For more information on TeleSign’s PhoneID Contact and other identity authentication services, call +1 310-740-9671.

 
 
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Written by / Agency / Source: TeleSign Corporation

 
 

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TeleSign Expands Intelligent Authentication Product Suite with PhoneID Contact

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Publisher Contact: James Tiller - TeleSign.com 
310-740-9700 jtiller[.]telesign.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TeleSign Corporation securities in any jurisdiction including any other companies listed or named in this release.

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