How to Close the Trust Gap and Approve More Customers Online
“Trust gap” is a term that has been trending since the start of the COVID pandemic – have you heard of it? It refers to the discrepancy between the percentage of customers that companies can trust and greenlight immediately in-person vs. how many they can trust online. With more and more consumers interacting online than ever before, and more fraudsters taking advantage of that surge, the trust gap is forcing companies to put more security hurdles in place, hindering the customer experience.
So how can companies close the trust gap and approve more consumers online while still mitigating fraud?
Prove’s VP of Fraud Product Management, Ryan Alexander, shared 3 things that companies should be considering to improve their identity proofing processes with InfoSecurity Magazine today.
Click here to read the full article.
Keep reading
Read the article: Prove Pre-Fill® Now Available on Temenos Exchange, Delivering Seamless Onboarding to Banks WorldwideProve Pre-Fill® integrates with Temenos Exchange to give banks worldwide seamless, faster customer onboarding and dramatically reduce fraud.
Read the article: Biometric Update: Prove Unveils Identity Layers to Secure AI Agent TransactionsProve has launched Prove Verified Agent, a new identity and trust solution tailored to the emerging $1.7 trillion agentic commerce economy. Prove Verified Agent binds verified identity, intent, payment credentials and consent into a single, auditable transaction unit.
Read the article: Prove Launches Verified Agent Solution to Secure the $1.7 Trillion Agentic Commerce RevolutionProve launches Prove Verified Agent to secure the emerging $1.7 trillion agentic commerce market. This solution provides a new trust framework by cryptographically binding verified identity, intent, payment credentials, and consent for autonomous agents. Learn how Prove's frontier digital identity framework enables safe, scalable, and fraud-resistant agent-driven transactions.
