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 SIM Swap API provides a comprehensive way to monitor the status of the SIM card associated with a mobile number (MSISDN). This API delivers essential information about the most recent SIM card change to mitigate the risk for SIM Swap fraud.

Use Cases

  • SIM Swap Fraud Prevention in Banking, Financial Services and Insurance (BFSI): In the realm of BFSI, the SIM Swap API proves invaluable for combating SIM Swap fraud. BFSI enterprises can query the API when suspicious transactions are detected. The data point can be integrated into risk decision engines, enabling a more robust approach to fraud mitigation.

  • SIM Swap Fraud Prevention for Password Reset (Various Sectors): Across multiple sectors, password resets often rely on mobile verification that can possibly be bypassed with SIM Swap frauds. Enterprises can utilise the SIM Swap API to enhance mobile verification security. A recent SIM Swap could be flagged as a potential account takeover risk, prompting the service provider to execute further verification to protect user accounts.

Benefits

  • Enhanced Security: The API provides real-time insights into SIM card changes. This enables organisations, including banks, to proactively address SIM Swap fraud risks and reduce potential breaches.

  • Improved Risk Management: Accessing real-time SIM swap data, institutions can refine strategies for proactive fraud prevention and swiftly adapt security measures in response to potential threats.

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 Call Status 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.