How to Integrate a Phone Number Risk Evaluation Service Into Your Identity Verification and Fraud Prevention Platform

Phone number risk evaluation is a powerful tool for combating fraudster tactics. Incorporating it into your identity verification and fraud prevention solution helps you verify and authenticate user identities while reducing costs and maintaining compliance.

This service uses multiple factors to determine the risk of a phone number, including: format validation (checking that the phone number follows a specific standard), carrier lookup, and checking if the number has been ported. The service also checks if the phone number is associated with suspicious accounts or payments. This data is then combined with other metrics such as traffic patterns and usage velocity to generate a phone number reputation score.

Phone Number Risk Evaluation to Stop Fraud Fast

The phone number risk evaluation service can be easily integrated into your identity verification or fraud prevention platform through the REST API. Once configured, it can run within milliseconds and will not delay customer onboarding or transaction processing while still providing a high-quality user experience. It can also be used to supplement your existing fraud detection and prevention tools with additional granular data, such as IP address or device information.

Improve your security and trustworthiness by identifying fake or compromised identities and preventing them from registering or making transactions. Block disposable or VOIP phone numbers, identify numbers recently associated with fraud, and catch new account takeovers using real-time risk assessments. This enables you to protect your users from fraudsters and reduce chargebacks, suspicious payments, and other related issues.