Confirm Customer Identity
Confirming your customer’s identity on an ongoing basis is a legal requirement in many industries and countries around the world. When a user’s account activity starts to become suspicious it’s essential that your business is alerted to this risk, protecting your assets, customers and allowing you to implement additional security measures as required.
Verify Protect can be integrated into your existing Know Your Customer (KYC) and Anti Money Laundering (AML) checks, streamlining this process through using highly accurate and trusted mobile telephone number data – which can be checked in less than a second.
Each customer is then given a trust score, indicating the risks that your customer account is being used for fraudulent purposes. Business can then implement additional fraud prevention checks on an account by account basis, meaning that you only add friction to your customer journey when additional customer verification is required.