Financial institutions can use the Phone Detail query API to verify the details of a phone number provided by a user during the account registration process. By analysing the recent ping results and usage history of the phone number, financial institutions can better assess the risk of fraudulent activity and take proactive measures to prevent it. This can include blocking suspicious transactions or flagging potential fraudulent activity for further review.
Valuable Customer Phone Insights
The Phone Detail query provides companies with in-depth information about a supplied phone number, including recent ping results and so much more.
This information can be highly valuable in mitigating fraudulent activities and improving overall data quality. By understanding the recent activity associated with a phone number, companies can better assess the risk of potential fraud and take proactive measures to prevent it.
Companies can use this query to understand more about their customers, through their phone activity and usage. For example, companies might want to confirm if a phone number is active, if the carrier is reputable and much more.
By using the Phone Detail query, companies can gain a better understanding of their customers’ phone usage and patterns, leading to improved customer experiences. For example, if recent ping results indicate that a customers’ phone number is active, they might consider sending a text as a different channel of communication.
Detailed phone insights
Enhance Fraud Detection & Risk Awareness
By incorporating this information into business processes, companies can better understand their client base and improve overall customer experiences. Additionally, by using the Phone Detail query API to detect and prevent fraud, companies can protect themselves from financial losses and improve overall data quality.
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