Adding greater security and certainty into your customer journey
Phronesis is helping insurers, banks, software developers and service providers to positively identify new customers, authenticate users and protect all manner of transactions from identity fraud and attacks.
We work behind the scenes, using real-time data from mobile networks and devices to enhance your existing systems so you can focus on building ever better, more profitable customer experiences.
Whether driven to fight fraud, improve UX or both,
we’re here to help…
With around a third of potential new customers lost due to clunky signup processes, now really is the right time to introduce smoother ways of verifying new customers and deflecting fraudsters.
Know Your Customer
KYC and AML regulations need not get in the way of great customer service. By checking live customer data from the mobile operators we can spot potential fraud and instantly authenticate legitimate new customers.
We all know passwords alone aren’t enough, but 2FA with emails and texts introduces more issues and friction. With Network Biometrics you can securely authenticate mobile users instantly and transparently.
Mobiles are the fastest growing attack vector for account takeovers. With live network data and machine learning we can identify SIM swap and other advanced mobile fraud, so you and your customers are protected.
Use case 1
** reducing friction to convert more customers
** validating the identity of people who are missed by credit checks, etc.
Use Case 2
** making sure you aren’t accepting users who want to hide their identity from good customers/service providers
** protecting your customers from preventable scams, not releasing funds without extra checks, etc.
Use Case 3
** Carry out KYC and AML checks faster and more efficiently using information from the mobile networks
Use Case 4
** prevent identity fraud
** check for account takeover
transactions on mobile devices.
is the most prevalent attack vector
We have developed excellent relationships with the UK mobile networks to create GDPR-compliant solutions for validating user identity and identifying potential fraud.
Our services run in the background, quickly and unobtrusively carrying out live checks and filling in the blanks. We provide straight-forward APIs so you can seamlessly integrate our insights with your own security and customer experience.
transactions on mobile devices.
is the most prevalent attach vector
Phronesis has built deep relationships with the UK mobile networks to create GDPR-compliant solutions for validating user identity and identifying potential fraud.
Our systems run in the background, quickly and unobtrusively carrying out live checks and filling in the blanks. We provide straight-forward APIs so you can seamlessly integrate our insights with your own security and customer experience.
With Network Biometrics® from Phronesis you can enhance your existing user experiences and security measures, with live network data and security insights. Our APIs work entirely behind the scenes, so you can ensure new customers are who they claim to be; authenticate existing customers before transacting and remove clunky security checks from the customer journey.
Using live network data to auto-discover or check the validity and status of a customer’s mobile number.
Comparing verified data from mobile operators to validate that an individual is who and what they claim.
Checking live network data to highlight potential fraud, including identity theft and account takeover.
Using real-time network data to provide secure two-factor authentication with or without user input.
We are helping a UK insurance provider to substantially reduce fraud from ghost brokering, with enhanced user checks and rapid flagging of suspect claims.
An online money transfer service is using our systems to run checks against recipients’ accounts and devices before transferring funds.
An established gaming business can accept more customers now they have added mobilebased verification as one of their KYC processes.
A major peer-to-peer platform is eliminating fraudulent providers by quickly,cost-effectively verifying the realworld identity of all new users.
Jonathan Evans, Country Manager, Digidentity