Reports of SIM swap fraud have skyrocketed in recent years, leading to massive losses and increased concern among consumers. In a recent study, nearly half of respondents said they would be more likely to engage with a telecom company online if it had robust identity verification measures in place.
Jumio’s biometric-based identity verification and authentication solutions can help ensure that phone numbers are only transferred to the legitimate account owners and safeguard the entire customer journey.
- Prevent SIM swap fraud
- Verify customer identity for prepaid accounts
- Provide better in-store customer service