Telephone number intelligence and attributes to support validation and risk mitigation needs of Know Your Customer (KYC), Account Takeover Protection (ATP) and Fraudulent transaction applications.
Most businesses place a high value on the accuracy of their customers’ mobile numbers as the mobile device is often the primary means of communications, authentication and financial transactions. Therefore, telephone number data quality is critical, as is any attribute associated with a mobile number that may indicated fraud or identity theft.
XConnect developed an advanced number validation service designed to maximise data quality using a selectable multi-stage process, which performs a sequence of three gated tests. In addition, XConnect is working with industry partners and mobile operators to develop an account takeover protection service that can identify unexpected changes in mobile device behaviour such as simswaps, device changes, location changes, call forwarding and more.