Using Mobile ID to create opportunities for MNOs to solve fraud challenges on Digital Platforms
All over the world, mobile phones have quickly and quietly become the most accessible identity devices for digital enterprises. However, using phone numbers as identifiers brings new fraud schemes such as fake accounts and profiles, take-overs, and other fraudulent activity.
With users downloading 350 billion apps globally across devices, fraud related losses are now reaching into the billions of dollars.
BICS can help Mobile Network Operators unlock new sources of revenue by capitalizing on the digital world’s growing need for authentication. BICS works with operators, the GSMA and local and international regulators to develop phone number intelligence from the Mobile Ecosystem, in order to help solve fraud challenges for digital and mobile platforms.
Our reach and capabilities are also enhanced by our 2016 acquisition of TeleSign, a CPaaS company that provides Mobile Identity and global communications solutions to the world’s largest digital enterprises. TeleSign delivers easy-to-integrate APIs, such as its industry-leading PhoneID API, that enable businesses to better protect and connect with their customers and create new growth opportunities through sophisticated fraud prevention, streamlined verification and enhanced user communications. Trusted by 20 of the top 25 web properties in the world, TeleSign has been promoting the benefits of phone data intelligence and improved user verification for more than a decade, and understands the complexities and opportunities in bridging the digital and telecommunications worlds.
We are experienced in addressing the needs, challenges and technologies of all the players in the communications eco-system – from MNOs and MVNOs, to new digital service providers, internet exchanges, cloud communications providers and enterprises – rolling out connected services. We proactively spot opportunities, identifying global enterprise needs in authentication and fraud prevention, with proactive opportunity spotting, API-based integration on technology-agnostic platforms.
BICS is the ideal partner for any type of Mobile Operator asset monetization. We are trusted by more than 1,100 customers worldwide including over 500 mobile operators and 500 of the world’s top digital service providers, spanning social, e-commerce, gaming and communications.