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TeleSign Launches PhoneID Live to Combat International Online Fraud - TeleSign announced the newest product in the PhoneID suite, delivering actionable data to online businesses to verify if a phone number is active and reachable - TeleSign.com
TeleSign Launches PhoneID Live to Combat International Online Fraud

 

NewswireToday - /newswire/ - Los Angeles, CA, United States, 2012/10/17 - TeleSign announced the newest product in the PhoneID suite, delivering actionable data to online businesses to verify if a phone number is active and reachable - 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, delivering actionable data to online businesses to verify if a phone number is active and reachable.

Global ecommerce and consumer web businesses struggle to identify fraud because of the lack of reliable fraud signals available. Often, fraudsters will enter bogus information into online forms and organizations lack the ability to validate this information. PhoneID Live provides this extra layer of validation by returning the subscriber and device status associated with a user’s phone (including the phone's roaming status). If the data returned for the phone is deemed inactive, then the other information on the form is also likely to be suspect. By returning these critical data points, merchants can better determine whether to accept, deny or challenge an online order or registration and authenticate these users.

In addition, PhoneID Live also delivers the phone type for every single phone number request. This data empowers businesses to stop and prevent fraud before it occurs.

“With the growth of global commerce, organizations need additional ways to authenticate information provided by users in online forms,” said Stacy Stubblefield, Co-founder and VP Product Strategy, TeleSign. “PhoneID Live delivers the most accurate information about a phone number on an international scale making it easier for a merchant to mitigate fraud in an efficient and effective manner.”

“PhoneID Live uniquely couples data with authentication to create an elegant fraud prevention solution that is applicable on an international basis,” said Jon Oltsik, Senior Principal Analyst, ESG. “For companies hampered by inadequate actionable data, these data points serve as robust fraud signals for businesses without impacting the user experience.”

 
 
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TeleSign Launches PhoneID Live to Combat International Online Fraud

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Publisher Contact: James Tiller - TeleSign.com 
310-740-9675 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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