In today’s tech-obsessed world, bad actors have more opportunities than ever to steal someone’s identity. In 2019 alone, identity theft cost American consumers more than $14.7 billion. Today, the phone number is the most common identifier for organizations to use to help mitigate fraud and assess risk. With more than 600K porting transactions daily in the U.S. alone, if the number porting data you access is old or incomplete, you may put yourselves and your customers in jeopardy. Fortunately, there is a simple and secure service that can assist you in stopping bad actors by giving you quick access to accurate porting data when verifying a customer’s identity, approving a transaction or disclosing information.
Whether the data you access will be used by your company or to support your customers, there are three options to meet your specific needs.
You can choose to receive porting data in one of two ways.
Companies that assess risk and mitigate fraud can benefit from quick and accurate access to the current Service Provider and porting history of a phone number. To find out how PortData Validate can help you to manage risk, register now.
Every year, millions of Americans change Service Providers while keeping their telephone number. This process, known as portability, is supported by the Number Portability Administration Center (NPAC). Comprised of seven regional systems across the U.S., the NPAC manages the number portability processes of all telecom Service Providers in the United States, including wireline, wireless, and Voice over Internet Protocol (VoIP).
The NPAC is managed by iconectiv, serving in our capacity as America’s Local Number Portability Administrator (LNPA).