SOURCE: Danal, Inc.

Danal, Inc.

May 12, 2016 06:00 ET

Danal Expands Mobile Identity Service With Best-in-Class TCPA Compliance Offering

Company Sells BilltoMobile™ Division

SAN JOSE, CA--(Marketwired - May 12, 2016) -  Danal Inc., a privately-held US company and global leader in mobile identity and authentication solutions, today announced that it has launched a groundbreaking "wireless carrier centric" Telephone Customer Protection Act (TCPA) compliance service. This new offering is an extension of Danal's Mobile Identity (MID) suite of services and targets FORTUNE 500 companies with outbound call centers, some of which have been assessed fines exceeding $50 million.

Unlike other TCPA compliance solutions available today, Danal verifies enterprise consumer data with real-time Wireless Carrier data, in combination with other authoritative sources, to establish ownership of phone numbers. This state-of-the-industry approach to TCPA compliance yields the least TCPA auto dialer risk exposure.

Mobile identity, authentication and compliance services powered by wireless carriers are impactful and far more effective than current offerings in the market due to the trusted relationship these carriers enjoy with consumers and the real-time nature of the underlying data. "Carriers are the most definitive data source to reliably match a subscriber's name, address and phone number," stated Paris Leung, Chief Strategy Officer & GM Mobile Commerce, "Robodialing a phone number without first checking what the wireless carriers have on file is a risky and an expensive behavior. We've seen TCPA fines assessed against companies ranging from $5 million to well over $50 million. Fortunately, with Danal, this is easily avoidable."

"Danal's unique ability to aggregate wireless carrier data, enhance that information with other authoritative data sources, and then apply Danal's powerful platform and algorithms, reduced fraud for one of our customers to zero," said Danal CEO Jim Greenwell. "Now we have enhanced our MID solution suite with the new 'gold standard' of compliance certainty for the US TCPA market."

Danal is partnered and trusted by all 4 Top Tier US wireless carriers (as well as carriers in the EU and rest of world) to directly connect to their identity APIs, accessing wireless carrier data which is used to prevent fraud and mitigate risk for financial institutions and major mCommerce brands. Danal is contracted and live with major financial institutions and brands for its MID services, with new, Fortune 500 customers boarding in the coming months.

Danal recently announced that it spun out certain assets associated with its BilltoMobile business to Bango. Jim Greenwell commented, "Danal's full focus now is to solidify its leadership in Mobile Identity and Authentication." In February this year at the Mobile World Congress, Danal also announced it is partnering with the GSMA Mobile Connect Programme to comply with and support Mobile Connect authentication everywhere it is being adopted by Danal's wireless carrier customers.

About Danal

Danal, Inc. is the premier provider of mobile identity and authentication solutions driven by unique real-time connections to mobile operator networks and data. Danal's Mobile Identity platform offers financial institutions and major retailers groundbreaking mobile transaction risk management services, and streamlined, customer conversion solutions that lower customer abandon rates during registration and checkout. Danal, Inc. is a privately held US company whose investors include Discover Financial Services, Morgenthaler Ventures and majority shareholder Danal Co, Ltd., a publicly traded company (KOSDAQ 064260) based in South Korea with offices worldwide.