TeleSign’s products and business intelligence enables online payment companies to detect fraudulent transactions more efficiently, prevent account compromise, reduce operational costs and fraud losses, and increase conversion of legitimate transactions.
Prevent Fraud and Identify Risk
- Prevent compromised accounts and secure online payments implementing TeleSign 2FA, a phone-based two-factor authentication product. Leverage on phone or mobile as an automated system for authentication.
- Identify high risk transactions with PhoneID, a risk tool that provides real-time business intelligence
Reduce Support Costs
- Automate business processes
- Reduce help desk costs
- Reduce time and costs of manual reviews
Complement Current Risk Scoring
- Trigger verification for high-risk transactions
- Enhance risk score with PhoneID data
Protect your Brand Reputation
- Provide a critical layer of security for your clients
- Improve brand loyalty and user retention
TeleSign Two-Factor Authentication adds a critical layer of security beyond username and password. By leveraging the phone as an authentication device, TeleSign improves the user experience while reducing operating costs associated with traditional multi-factor authentication methods. The largest and most recognizable brands trust TeleSign to protect account access and prevent fraudulent transactions.
TeleSign Verify is an easy, effective and powerful way to stop online fraud. Companies can block fraud, reduce costs, increase operational efficiency, and protect their brand and their customers by verifying users in real-time using the simplest and most widely deployed technology available — the telephone.
Online businesses of all sizes are constantly under fire from well organized fraudsters and hackers. In 2011 alone, online merchants lost $3.4B to online fraud. TeleSign’s PhoneID provides merchants access to real-time business intelligence to predict and prevent online fraud.
When can your services be used?
Payment and fund transfers
I’m reluctant to add additional customer friction, what can we do?
TeleSign has a data intelligence product, PhoneID, which returns critical data elements to determine risk. This risk tool is frictionless and can be used to secure online payments by flagging or blocking high-risk users and associated transactions. As a second layer of security for high-risk transactions, phone verification can be utilized.