Use Cases • Cryptocurrency

Empowering the
digital wallet

Cryptocurrency is a fast-moving financial environment, but the need for speed must not be allowed to outpace the need for security. Whether onboarding new users or authenticating in-life transactions, a trusted process to confirm identity and legitimacy is central to crypto’s success. Accelerated, friction-free but secure user journeys enabled by mobile intelligence create confidence for all parties.

Trust – faster

Tech-savvy cryptocurrency investors rely on mobile for onboarding and trading, making Sekura’s mobile intelligence and identity data services ideal solutions for verification and authentication in this sector. Mobile intelligence led insights enable the crypto company to confirm the genuine legitimacy of the individual and the device that is in use. Silent, seamless and accurate, our solutions streamline onboarding and crypto transactions, creating a secure, friction-free user experience and strengthening the ability to spot and stop investment and impersonation scams.

SAFr Auth

Confirms the number supplied by the user matches the number associated with the user on the mobile network

MPM (Mobile to Person Match)

Matches person’s name, address and date of birth with their mobile number

SIM Swap

Real-time notification of the date and time of the last SIM change in a user’s device enables bank to check for recent (<24 hours) SIM Swap activity.

Mobile Intelligence

Mobile intelligence signals can also be used to identify if a phone is lost, stolen, cancelled, active/inactive, and to confirm it is not a VOIP number.

An ongoing return on investment

By enabling slicker, more secure onboarding, in-life transactions and by flagging the risk of fraudulent activity, these solutions enable cryptocurrency companies to:

  • Optimise the user experience
  • Lower the barriers to completing a transaction
  • Cut the cost of fraud prevention
  • Improve customer retention and transaction
  • Combat account takeover scams
  • Preserve reputation
  • Streamline service operations

Solution Flow Demo

New Account Sign up

MPM (Mobile to
Person Match)

Matches person’s name, address and date of birth with their mobile number

SIM Swap

Real-time notification of the date and time of the last SIM change in a user’s device

SAFr Auth

Confirms the number supplied by the user matches the number associated with the user on the mobile network

To benefit from our global mobile identity solutions, contact the Sekura team today