The need to secure customer transactions and prevent identity fraud is becoming more urgent as regulation increases. tru.ID offers a strong device possession factor that verifies the mobile number and SIM directly with the mobile network.
Insecure passwords are the leading cause of breaches, but 2FA using SMS OTP or email only provide the optics of security.
Whether it's the Reserve Bank of India, the UK's FCA guidelines for SCA, or the EU's PSD2 rules, officials are focusing on 2FA.
Digital businesses operating in financial services, such as banks, payments, or crypto, must comply or risk fraud and fines.
tru.ID APIs use the same technology as mobile networks to definitively confirm an active SIM card and the associated mobile phone number, in real time.
With no password or user PII shared, attackers have no point of entry. The mobile network infrastructure prevents the risk of man-in-the-middle attacks.
tru.ID filters out virtual or burner numbers to only provide verification of mobile phone identities that are associated with a mobile network.
Unlike other forms of MFA, there's no codes to type, or emails to check. Users simply confirm their phone number for near-instant authentication.
The SIM card has a unique cryptographic key, the same chip technology as a bank card, and is housed in solid-state storage that's tamper-resistant, making it a strong proof of possession.
Network authentication doesn't require user action, neither does tru.ID. Verification happens silently by matching the SIM to the mobile identity, providing a superior user experience.
Legacy account authentication comes with convoluted passwords, forgettable security questions, and inadequate 2FA. tru.ID offers a strong device possession factor by tapping into the mobile network's formidable security infrastructure.
Multifactor authentication interrupts user journeys. Verification with tru.ID does away with poor authentication UX. Users no longer need to leave an app to check email, type codes, or wait for a SMS OTP.
With real-time checking of mobile phone identities, and no virtual or burner numbers, you can be sure when legitimate users are in-session and build extra step-up checks for suspicious activity.
Let us show you how tru.ID can transform your user account authentication. Get in touch.
tru.ID provides a lookup of the mobile number and SIM card status directly with the mobile operator, in real-time — so you can be certain that the given phone number is associated with that SIM.
As well as verifying mobile credentials, tru.ID checks for recent changes of the SIM. If there has been a change, extra security challenges can be implemented in accordance to business policies.
The tru.ID platform provides a modern customer authentication solution, with developer-friendly APIs, comprehensive tutorials for leading coding stacks, and SDKs for Android and iOS.
Get in touch for a personalised demo or register for free to access tru.ID APIs.