TeleSign, a provider of customer identity and engagement solutions, expanded coverage of mobile identity services in China, Brazil, and other emerging markets.
International businesses can leverage TeleSign’s solutions to more securely onboard new customers, prevent account takeover and registration fraud, and optimize the user experience in new markets.
China has more than 1.5 billion mobile subscribers and its consumers will spend $6.4 trillion by 2024. Brazil will have 135 million internet users by 2022, or roughly 62 percent of the population.
TeleSign will be adding strategic markets from Western Europe, Latin America, Asia Pacific and Africa in early 2019 in addition to Brazil and China.
Global web and mobile applications face significant challenges with registration fraud, Account Take Over (ATO) through SIM Swap, Porting or Recycling of Phone Numbers, Digital KYC, and other Trust and Safety issues.
“Since the acquisition of TeleSign by BICS, our capabilities to support customers in global markets have accelerated significantly,” Ravish Patel, director of Data Products at TeleSign, said.
BICS, which acquired TeleSign for $230 million, works with more than 1000 mobile operators across 200 markets globally.
