The continuous rise of digital adoption and usage provides even more opportunities for fraudsters to steal legitimate identities or create fake ones. And as advancement in technology evolves, it can be challenging for businesses to identify suspicious activity when it occurs.
For instance, when customers provide their contact information, how do you know they are who they say they are? With Right Party Verification (RPV), Syniverse's phone number verification API, the identity of customers is verified against several trusted and authoritative sources instantly, so businesses can identify in real time when a person’s identity is likely in the process of getting stolen and prevent fraudulent activity.