Case Study: Amount streamlines onboarding and verification with TeleSign

Amount identifies up to 85% of applicants self-service with TeleSign

Amount, a leading financial technology provider, faced the challenge of helping financial institutions combat sophisticated fraud while meeting demands for seamless digital customer onboarding. They needed to add security layers to verify consumer identities without introducing friction into the application process. To address this, they turned to TeleSign's verification services.

By integrating TeleSign into its AmountVerify platform, Amount empowered its partner banks to quickly confirm identities using SMS and voice verification, enabling self-service for customers. This solution, implemented with TeleSign, allowed Amount's partners to identify up to 85% of applicants through self-service, leading to increased conversions and sign-ups, a reduced risk of fraud, and lower operational expenses.

Amount