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Phone Verification Stops Fraud Transactions and Fraud Account Access

 Fraud commonly occurs in business transactions online. Stolen credit card numbers from innocent people are used. Charges rack up for the business while the fraudster gets merchandise.  This impacts the business and the person whose card was stolen. Fraud can even occur when a fraudster hacks into an account. A fraudster may attempt to log into a company online and hack an account.  There are ways to stop these situations from happening. TeleSign has resolved to stay one step ahead of fraudsters. TeleSign has a telephone verification process for fraud attempts.  The telephone verification includes a phone verification system. This phone verification is run by a third party instead of clients. This is a great relief as clients are busy with their own business.  TeleSign is an expert in fraud and thus phone verification. As such, it makes sense that TeleSign performs the telephone verification. They know what to look for in attempted online fraud cases.  Telephone verification is part of the process of identify fraud. This process has a global scalability by the company TeleSign. Countries all over the world can use phone verification by TeleSign.  In fact, over 1 billion transactions have already been processed. This phone verification has...
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Fraud Curtailed through Third party Verification and Phone number Validation

 TeleSign has seen a huge decline in fraud attempts with clients. Fraud has been drastically reduced because of our services. These services are helping clients verify actual authentic customers.  Our third party verification is done with a special program. The program is activated once a customer tries to purchase something. This happens when a person is required to enter one’s credit card number.  The credit card number is entered and initiates verification. A totally different pop-up window appears as third party verification. This pop-up window requires a phone number and special pin number.  A person is required to enter a phone number where they can be reached. Third party verification then calls the number inputted. As the phone is answered, a special pin number is provided to the customer.  The pin number is specially created by third party verification. This pin number will allow the initial transaction to continue. Most fraudsters tend to stop here in fear of sharing a phone number.  The phone number verification has worked tremendously. Phone number verification begins with identifying the type of phone. TeleSign’s Phone ID can identify the type of phone number provided.  Phone number verification includes a landline or mobile number. VOIP numbers...
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