Overview
The Number Verify API offers a seamless approach to authenticating digital identities through the mobile network. Developers can request verification of the device's phone number used for accessing their services. The API confirms whether the user's mobile number accessing the service matches with the declared mobile phone number.
Use Cases
- Digital Transactions: Authenticate digital transactions to mitigate fraudulent transactions initiated by scammers by using real-time telco network data.
- Account Onboarding Management (Login and Password Reset): Streamline user registrations, logins, and password reset processes in applications or mobile browsers, eliminating the need of One-Time Passwords and traditional username/password combinations.
Benefits
- Enhanced User Experience: In the digital age, a seamless user experience is essential. The API improves user experience, thereby improving conversion rates and customer satisfaction. This boosts adoption rates, usage of services and applications.
- Increased Security: Utilising real-time telco network data and background authentication, the API minimises human risk in authentication. It reduces the likelihood of bad actors hijacking the authentication process, enabling enhanced security.
- Enhanced Data Privacy: By applying zero-knowledge principles while handling PII with strict limitations, the API ensures that user data remains confidential and processed under an appropriate legal basis.
- Mitigation of Financial Losses and Reputational Damage: Proactively verifies digital identities to detect and prevent fraudulent transactions. This approach helps to reduce financial losses and safeguards the organisation's reputation.
Overview
The Device Location API enables enterprises to verify if a mobile device is near a specified location. The API response verifies whether the location is within the accuracy range of the MSISDN's last known location.
Use Cases
- Online Payment Fraud Prevention: A bank detects a digital payment or transaction from an unexpected location. The bank queries the API to verify the location, incorporating this data into its risk decision engine. Enhanced security measures are implemented by the bank to mitigate potential fraud.
- Offline Payment Fraud Prevention: A bank identifies a cash withdrawal or credit card usage attempt from an unusual location. The bank utilises the API to validate the location, integrating it into their risk decision engine. The bank applies appropriate security measures to address potential fraud risks, ensuring customer protection.
Benefits
- Effective Fraud Prevention: By confirming the proximity of a mobile device to a specific location, the API enhances fraud prevention efforts, helping enterprises prevent unauthorised transactions and suspicious activities.
- Enhanced Risk Assessment Models: The API's location verification data contributes to the development of more robust risk assessment models. Enterprises can make well-informed decisions based on the device's location accuracy, strengthening their overall risk management strategies.
- Mitigation of Financial Losses and Reputational Damage: Proactively verifying device locations aids in the early detection and prevention of fraudulent transactions. This minimises financial losses and protects the organisation's reputation from damage caused by fraudulent activities.
Overview
The Scam Sniffer API enables businesses to verify if users are on calls and detect unusually lengthy calls during large bank transactions, potentially signalling Authorised Push Payment Frauds (APP) which enhances fraud detection.
Use Cases
- Authorised Push Payment Fraud Prevention in BFSI: The API aids BFSI enterprises in safeguarding customers from scams. It prevents fraudulent money transfers by proactively detecting and stopping APP frauds.
Benefits
- Authorised Push Payment Fraud Prevention: The API plays a pivotal role in stopping Authorised Push Payment (APP) frauds. It safeguards customers from deceptive authorisation attempts, and prevents unauthorised money transfers.
- Improved Fraud Risk Management: This API empowers businesses with real-time insights, enabling proactive fraud risk management strategies and swift adaptations to evolving threats.
- Increased Trust for Digital Transactions: By ensuring secure and reliable user interactions, the Call Status API fosters trust in digital transactions. It reassures customers and reduces the likelihood of scams, thus promoting safer online commerce.