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Announcement | Alloy Partners with Prove to Enhance Digital Onboarding and Reduce Risk of Fraud for Financial Institutions

Prove
March 22, 2022

Prove is pleased to announce our new partnership with leading identity decisioning platform Alloy!

With the integration of Prove’s phone-centric identity solutions, Alloy clients will be able to enhance their new customer onboarding and existing client engagement in a frictionless, fast and secure way. With Prove's Pre-Fill™ onboarding solution, which auto-fills online applications with verified consumer information from authoritative sources, Alloy clients will be able to expedite customer account openings while also mitigating account opening fraud. The integration will also enable clients to verify individuals using Prove's Identity™ solution (with optional KYC included) separately if needed.

"We are excited about our new partnership with Prove," said Brian Bender, VP of Strategic Alliances at Alloy. "It is our goal to help our clients continuously improve and secure their customer's onboarding experience. We do this through integrating best-in-class data sources that improve those workflows. Prove's KYC and AML checks and Pre-Fill solutions exemplify that."

“Today’s financial services customers value security and customer experience equally, and they are rightfully unwilling to sacrifice one for the other,” said Tim Brown, Head of Product, Prove. “Prove is developing and innovating our solutions to accelerate onboarding and enhance security while delivering on compliance and ultimately, preventing fraud. We're thrilled to partner with Alloy to implement phone-centric identity tools because together, we're providing our clients with easier onboarding solutions that will, in turn, create an overall better experience for their end customers.”

To learn more about how the new partnership between Alloy and Prove will provide businesses with easier onboarding solutions that will, in turn, create an overall better experience for their end customers, check out the full press release here.

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