New consent-based data enables businesses to verify customer names and mobile subscriber data in second-fastest growing economy in the world
Los Angeles, CA – July 31, 2018 – Telesign (www.telesign.com), the leading provider of single-platform global communications and trusted identity data solutions, today announced the availability of trusted identity data in China as part of its leading data-intelligence API, PhoneID. With this consent-based data, companies can now overcome identity and privacy barriers and harness the full buying power of one of the fastest growing economies in the world.
With more than 1.5 billion mobile subscribers, and with Chinese consumers set to spend $6.4 Trillion by 2024[1], China offers immense growth opportunities to today’s digital business. However, a complex market full of identity and privacy barriers has made it difficult for businesses outside of China to properly verify and engage Chinese consumers. Today that changes as Telesign begins offering authoritative mobile carrier data directly from China’s three mobile carriers (China Mobile, China Unicom, and China Telecom) through its PhoneID API add-ons Contact Match and Subscriber Status. This data enables businesses to verify names and understand more about the subscriber in order to engage with the Chinese market with greater security and trust.
“Conducting business in China has long been a challenge for any company outside of the country, where the lack of verifiable identity data has made it nearly impossible to conduct business with Chinese consumers safely and securely,” says Chris Andrews, Senior Director of Product Management, Data Products. “Today we are opening up this market to businesses around the globe as we introduce consent-based, authoritative identity data from China’s mobile carriers, that enables businesses around the globe to verify identities, block fraud and grow revenues.”
The addition of China data gives Telesign an unrivaled level of coverage for global trusted identity data. Today, PhoneID offers ‘Know Your Customer’ data in more than 230 countries and territories, while add-ons Contact Match and Subscriber Status offer essential contact and phone-intelligence data on consumers in the United States, Canada, and China. Additional countries including Brazil, Australia, Switzerland, India, France, UK, Spain, South Africa, South Korea and others will be coming soon.Telesign’s PhoneID API offers add-ons that provide a wide range of real-time, actionable phone number insights and user identity data to help prevent fraud and improve the customer experience. These add-ons help strengthen and validate the user verification process, reduce fake accounts, inform risk models, and improve conversions and accuracy of collected information. The PhoneID API cleans and reformats a submitted phone number and instantly returns phone type, telecom carrier name and phone registration information.
To learn more, and to get started today, please visit: https://www.telesign.com/products/phone-id/.
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About Telesign:
The world’s largest digital enterprises turn to Telesign to deliver on the promise of a better customer experience. As the leading provider of single-platform global communications and trusted identity data solutions, Telesign APIs leverage an unrivaled number of direct carrier connections around the globe to enable businesses to better protect and engage their customers. Fueled by unprecedented access to real-time phone, behavior and user analytics, Telesign is powering the next wave of digital experience.
[1] https://money.cnn.com/2015/11/19/news/economy/china-consumer-spending/index.html
