Company News

One World Identity and Prove Release New White Paper: Solving the Biggest Identity Authentication Challenges with Mobile Technology

Post by:
Prove
August 18, 2021
One World Identity and Prove Release New White Paper: Solving the Biggest Identity Authentication Challenges with Mobile Technology

New white paper is a guide to the latest identity verification and authentication technologies—such as passive mobile authentication, behavioral biometrics, and push authentication—and best practices for layering advanced identity techniques to mitigate fraud and reduce friction.

NEW YORK, NY (August 18, 2021)Prove, the modern way of proving identity with just a phone, announced today a new white paper in partnership with One World Identity, a leading market intelligence & strategy firm focused on digital identity, trust, and the data economy. The paper, entitled “Phone-Centric Identity: How to Solve Identity Authentication and Verification’s Biggest Challenges By Leveraging Mobile Signals and Behavioral Biometrics,” is a guide for identity, fraud/risk, and customer experience executives. It highlights the most up-to-date best practices and phone-centric identity technologies companies can use to solve common identity challenges. 

Read the new white paper to understand:


  • What the latest identity verification and authentication technologies—such as passive mobile authentication, behavioral biometrics & motion authentication, and push authentication—look like, and which use cases they can best be applied to.
  • Best practices for layering advanced identity techniques to minimize friction and fraud (as illustrated in a waterfall diagram).
  • How phone-centric identity can better mitigate fraud and reduce reliance on or fortify more vulnerable security methods such as SMS OTP.
  • How phone-centric signals can be used at the time of onboarding for a faster customer experience that results in increased account registrations and application approvals.


“One World Identity and Prove partnered to bring executives the answers to their top identity verification and authentication challenges as they work to deliver more seamless customer experiences through innovative mobile identity verification and authentication technologies,” said Mike Lynch, Chief Strategy Officer at Prove. “This research shows how phone-centric identity provides a logical and effective way to solve key identity challenges across the entire customer journey.”

 

The research also highlights recent statistics around fraud trends, such as increases in account takeover fraud, as well as common challenges around user experience. 

 

"Today’s consumers have high expectations for digital interactions that are seamless and secure,” said Travis Jarae, CEO of One World Identity. “By layering mobile signals and behavioral biometrics, organizations can dynamically meet changing risk profiles without adding additional friction in identity verification and authentication processes.”

 

Download the new white paper here.

 

To learn more about how to create best-in-class customer experiences using advanced identity techniques, watch Prove and One World Identity’s on-demand webinar here.

  

About Prove

Prove is the modern way of proving identity with just a phone. Prove’s Phone-Centric Identity™ platform helps companies mitigate fraud while accelerating revenue and reducing OPEX across mobile, desktop, tablet, contact center, and in-store channels. 1,000+ companies trust Prove to secure their onboarding, digital servicing, call center, e-commerce, payments, and compliance experiences. For the latest updates from Prove, follow us on LinkedIn.

 


Press Contact

Yuka Yoneda

pr@prove.com

To learn more about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.


Create secure frictionless customer experiences using modern identity solutions

Join 1,000+ companies and 500 banks, including 9 of the top 10 US financial institutions, that are already using Prove to accelerate revenue, mitigate fraud, and enhance customer experience. Contact us today.

Accelerate your onboarding

Contact us to learn how leading companies are using Prove Pre-fill to modernize the account creation process by shaving off clicks and keystrokes that kill conversion.

Create frictionless customer experiences

Get in touch to find out how we can help you identify your customers at every stage of their journey and offer them seamless and secure experiences.

Schedule a demo

Let our expert team guide you through our identity verification and authentication solutions. Select a date and time that works for you.

Schedule a demo

Find out how we can help you deliver seamless and secure customer experiences that comply with PSD2/SCA. Select a date and time that works for you.