Build strong identity assurance with trusted contact data
Build more trust by confirming known contact data associations before sending a one-time password
A one-time password is an automatically generated, time sensitive passcode, made of random numeric characters and sent via SMS or email to authenticate the customers' identity. No electronic fobs or tokens are required other than the user's existing telephone or email address.
One-time passwords from LexisNexis® Risk Solutions provide a phone number or email address that are already bound to the subject. The identity is assured by using a one-time password sent to the phone number or email address. This offers increased assurance with less friction during an identity proofing process. Contact us to find out more about implementing strong authentication with one-time passwords.
Simple, trusted authentication within an onboarding process
Verify the identity
Collect evidence such as name, date of birth and home address to verify the identity exists.
Verify contact information
Trust the mobile number or email address associated with that identity.
Authenticate with a one-time password
Authenticate that the individual is who they say they are by sending a one-time password to the trusted contact method.
Re-authenticate returning customers
Use the trusted contact information to authenticate subsequent high risk interactions.
Obtain known contact data associations before authenticating identity with one-time passwords
One-time passwords from LexisNexis® Risk Solutions use contact verification that can be used for customer onboarding or account sign ups even when customers have not previously provided a phone number or email address. Leveraging access to a large repository of mobiles and email addresses with our proprietary linking technology will quickly determine contact data associations including:
Is the customer already associated to a phone number or email address?
Is the customer’s name, phone number and home address associated with each other?
Is the provided phone number active?
Control the balance between fraud risk and customer experience
Dynamically activate one-time passwords for higher risk activitity as part of Risk-Based Authentication.