Identity Verification And Identify Verification Service Part Of Fraud Detection

By Author: TeleSign Corp
Total Articles: 4
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People are purchasing things on a global level today as it is easy. This is possible due to the World Wide Web and company sites. Sites have been created to allow credit card information payments.

These sites have recently been under scrutiny and hacked into. There are computer hackers who hack into company ecommerce sites. These hackers steal identification information of credit card users.

This information includes a credit card number to use for purchases. Hackers then use this information to purchase things online. They use the stolen credit card number and identification information.

This is considered fraud and is highly illegal in countries. However, hackers are getting very smart and this happens a lot more. It is difficult to find the hacker or track the purchase online.

However, there are ways that have been developed for fraud detection. Fraud detection includes identity verification prior to purchases. Companies now offer identify verification service for this purpose.

The ...
... goal of fraud detection is to stop it immediately when it happens. Thus, as hackers attempt to use stolen information it is stopped. There is a particular method of fraud detection that works well.

Fraud detection through identify verification is quite successful. This is done through a person’s personal phone communication device. The telephone can be a mobile phone device or a landline phone.

Identify verification begins with a phone call to the consumer. The listed phone number of that person is called by the firm. Consumers answer phones to begin identify verification of information.

If the phone is not answered then the identity cannot be verified. The phone call is for the consumer trying to make a purchase. Customers are given a pin number to use on the site during purchase.

Identity verification is complete when the person inputs the pin. This verifies the person trying to access something is that person. Identity verification is that simple to use with consumers online.

For this reason, many clients seek identity verification service. Identity verification service is offered by industry experts. Industry experts are ones who stay abreast of compromised information.

These experts can then alter identity verification service as needed. This may include more secure or difficult pin numbers for client use. There are many elements to identify verification service for clients.

The goal of identity verification service is fraud detection. This saves clients and customers a lot of money in the long run. There are many levels of identity verification service plans offered.

About Us

TeleSign is a global Internet security company providing phone-based authentication and identify verification services to help web-based organizations identify and substantially reduce online fraud and spam. TeleSign products provide an easy-to-implement and powerful way to stop fraud using the telephone. TeleSign serves organizations of all sizes and has more than a billion authentication and verification transactions to over 200 countries. For More Details visit us at http://www.telesign.com.