With an increase in identity theft and cybercrime in recent years, banks and other financial institutions have a responsibility to safeguard their customers’ assets and identity against fraud and theft. Fortytwo’s Number Validation Services is a valuable tool for providing an additional layer of security to your customer’s transactions via ATM or internet banking.
Here we outline some practical uses for NVS in the financial industry:
1) NVS can detect whether your customers’ mobile phone is roaming to determine if overseas ATM transactions are fraudulent or genuine
2) NVS can determine whether a customer’s mobile phone is switched on or off before a call centre agent contacts them, saving time and increasing cost-efficiency
3) NVS can reduce customer irritability by refraining from contacting roaming clients and further inconveniencing them with roaming charges.
Interested in learning more about Fortytwo’s Number Validation Services? Please contact oiur dedicated sales team at firstname.lastname@example.org.