Innovis Data Solutions, Inc., a leading provider of fraud prevention and identity verification solutions, today announced a strategic alliance with Somos, Inc., a leading global provider of phone number administration and intelligence services.

This collaboration supports both companies’ goals to combat fraud, enable secure customer authentication, and minimize risk.

The alliance brings authoritative mobile network signals into FailSafe®, a multi-layered fraud and identity solution from Innovis®, further strengthening its ability to verify consumers and detect threats such as scams and account takeovers. Somos brings deep industry expertise and established relationships across mobile network operators, complementing FailSafe’s existing identity, behavioral, and device risk capabilities. Innovis continues to invest in a broad ecosystem of data and technology partners, and the addition of Somos’ phone number intelligence builds on that strategy alongside its existing partnerships.

As fraud tactics targeting consumers grow more sophisticated, protecting individuals from scams and account takeovers has become a top priority across the financial services industry. Innovis remains focused on innovating in this space, continuously advancing FailSafe to give organizations new ways to verify identity and safeguard the customers they serve. This alliance reflects Innovis’ ongoing commitment to consumer protection and its continued investment in solutions that help the industry stay ahead of evolving fraud threats.

“At Innovis, we understand that financial institutions need to balance strong fraud prevention with a seamless customer experience,” said John Sullivan, Product Manager at Innovis. “We’re excited to bring Somos’ authoritative mobile network intelligence into FailSafe to help our customers stay ahead of the fraud curve while making authentication more seamless for their consumers.”

“Fraud prevention is strongest when organizations can bring together trusted intelligence from across the ecosystem,” said Michelle Larsen, Chief Customer & Growth Officer at Somos. “By bringing Somos’ real-time mobile network intelligence into FailSafe, Innovis can add another layer of insight to help financial institutions better understand the phone behind the customer, identify potential risk and protect consumers from evolving threats. This alliance is a great example of how collaboration and better use of trusted data can help create safer digital interactions.”

About Innovis

Innovis works with financial institutions to solve problems surrounding identity verification, authentication, and fraud prevention. For more information, visit www.innovis.com and follow us on LinkedIn.

About FailSafe

FailSafe is a layered, multi-factor authentication tool that is designed to help establish “proof of presence” in an interaction. FailSafe has proven effective in mitigating fraud through its many layers, which include identity verification, behavioral-based indicators and phone hijacking detection, while also providing a simple authentication journey for customers to complete. It can be used in a variety of digital customer experiences, such as a website, mobile app, or interactive voice response (IVR).

About Somos, Inc.

Somos is restoring trust in the world’s communications.

As a global leader in phone number administration and intelligence services, Somos strengthens a secure, reliable communications ecosystem spanning voice, messaging and the rapidly expanding connected devices landscape. The company serves as the trusted administrator of the North American Numbering Plan (NANPA), Toll-Free Numbering Administration (TFNA) and the Reassigned Numbers Database (RND), supporting more than 1,400 service providers and managing over 7 billion phone numbers across North America. Building on its foundational role in numbering administration, Somos delivers global commercial capabilities — including XConnect’s intelligent phone number data portfolio — that help enterprises protect their brands, verify identity, optimize routing and power trusted customer communications worldwide.

Learn more at www.somos.com.

Media gallery

About The Author
Business Wire