Fergal Parkinson, Co-founder and Director, TMT Analysis joins us for our ongoing series – FTT Chats – where we sit down with the great and the good of FinTech to discuss innovation, new entrants, and emerging technologies.
In this FTT Chat, Parkinson talks about using mobile numbers as a form of identity to aid banks with fraud prevention, customer access, KYC and on boarding.
“Just actually verifying that the number somebody gives on an application is a true number, it actually exists, we can say whether it is active and in some markets how long it has been active for – has that number just been active for one day or 23 years?,” says Parkinson. “You can build up a range of information and decisions based on that.”
Watch the interview now: