Identify suspicious activity and better protect customers
SIM swap fraud is on the rise and the banking industry has turned to technology to combat fraudulent behavior where scammers cancel and reactivate new SIM cards in order to hack into bank accounts.
imimobile’s solution helps businesses to easily integrate SIM swap fraud detection techniques into customer communication strategies. Businesses can use customer data and mobile network information to identify suspicious activity and determine the level of risk.
- Reduce loss through account takeover and fraudulent transactions
- Prevent account misuse, fraud, and significant inconvenience for customers
- Automate fraud identification and corrective action based on SIM swap risk level