{"id":16307,"date":"2024-03-26T12:00:00","date_gmt":"2024-03-26T12:00:00","guid":{"rendered":"https:\/\/www.telesign.com\/?post_type=pressrelease&p=16307"},"modified":"2024-04-02T14:54:13","modified_gmt":"2024-04-02T14:54:13","slug":"telesign-unveils-verify-api-an-integrated-omnichannel-verification-solution-in-the-global-battle-against-cyber-fraud","status":"publish","type":"pressrelease","link":"https:\/\/www.telesign.com\/es\/press\/telesign-unveils-verify-api-an-integrated-omnichannel-verification-solution-in-the-global-battle-against-cyber-fraud","title":{"rendered":"Telesign Unveils Verify API, an Integrated Omnichannel Verification Solution in the Global Battle Against Cyber Fraud\u00a0"},"content":{"rendered":"\n

Verify API unifies 7 powerful verification channels to fortify businesses against the rising threats of bots, fake users, and fraudsters<\/em><\/p>\n\n\n\n

LOS ANGELES \u2013 MARCH 26, 2024\u202f\u2013<\/strong> In response to the escalating threat of cyber fraud and rising SMS costs, Telesign, the leading provider of customer identity and engagement solutions, today announced the launch of Verify API. This new omnichannel API integrates seven leading user verification channels: SMS, Silent Verification, Push, Email, WhatsApp, Viber, and RCS (Rich Communication Services) into a unified API. With a single integration, Telesign\u2019s Verify API enables businesses to effortlessly scale new authentication channels with minimal development resources.  <\/p>\n\n\n\n

This future-proofed technology marks a significant milestone in the fight against fraudulent activities. With built-in defense against SMS vulnerabilities, such as social engineering, phishing, and SIM-based attacks, the Verify API offers a better, more secure end-user verification experience. <\/p>\n\n\n\n

In an era where the cost of SMS continues to fluctuate unpredictably, Verify API offers a stable, predictable solution. It equips businesses with a diverse range of authentication channels that provide a more predictable cost structure. This cost-effective approach not only helps in mitigating risks associated with over-reliance on any single communication channel but also ensures that businesses can maintain affordability without compromising on security.  <\/p>\n\n\n\n

With Verify API, businesses can customize the verification and authentication experience by market needs, customer preferences, or business priorities with peace of mind\u2014and with automatic multichannel fallback. <\/p>\n\n\n\n

“One thing that phishing attempts, social engineering schemes, and account takeovers have in common is that they can often be stopped at the \u2018front door\u2019 with powerful customer authentication technologies,\u201d said Telesign CEO Christophe Van de Weyer. \u201cOur goal with Verify API is to empower every company on earth to seamlessly select the newest, most-secure, and customer-friendly verification channels for their specific use-cases. By doing that, we will make the digital world a safer place for everyone.\u201d  <\/p>\n\n\n\n

According to the 2023 Telesign Trust Index<\/a>, 94% of consumers believe that the companies they engage with online have a responsibility to protect their digital privacy. With the influx of bots, fake users, and fraudsters, authenticating new login and sign-up attempts is more critical than ever. If ignored, fraudsters can carry out nefarious acts such as new account fraud and account takeover, as well as make unauthorized account changes. The consequences of these attacks are significant, causing financial, reputational and resource losses for both the business and customer.  <\/p>\n\n\n\n

With Verify API, Telesign makes it easy to mitigate risk and streamline verification. Developers only need to connect to one API to access seven verification channels. Extensive channels allow for the end-user to be verified on their preferred channel, which supports a positive end-user experience. Automatic fallbacks to the customer\u2019s preferred channel also ensure that end-users will receive a one-time password (OTP), no matter their original verification method or geographic location.  <\/p>\n\n\n\n

\u201cIn today\u2019s digital economy, fraud is prevalent in every corner and safeguarding end-users from potential online threats is more important than ever,\u201d said Chris Steffen, vice president of research at Enterprise Management Associates. \u201cIntegrated solutions that deliver more protection and an enhanced user experience not only protects businesses but also fosters trust among its end-users.\u201d   <\/p>\n\n\n\n

Key features<\/strong> <\/h3>\n\n\n\n