Prove and Experian’s New Partnership Generates Buzz at the Singapore FinTech Festival
In early November, Prove’s Head of India and Vice President Amit Goel spoke about an exciting new partnership between Prove and Experian at the 2022 Singapore FinTech Festival (SFF). The overarching intention behind this innovative partnership is to advance global financial inclusion through next-generation identity verification technology. Read more about the partnership here.
The announcement generated significant buzz at SFF, which attracts over 60,000 participants who travel from around the world to listen to over 850 renowned speakers and visit over 500 exhibitors.
During his speaking engagement at the conference, Amit took a moment to discuss the new partnership between Experian, the leading global information services company, and Prove, the leader in digital identity. The intended outcomes of this partnership are twofold:
- To enable companies to extend their financial services to more consumers, including traditionally underbanked populations such as consumers who might not already have a credit file or substantive data history, while also mitigating digital fraud such as synthetic identity fraud.
- To create wider access to faster, easier, and more secure experiences for more consumers. Traditionally, underbanked populations have had to default to “slow lane” digital experiences. Prove and Experian’s new partnership will extend “fast lane” digital experiences to more consumers.
Financial inclusion continues to be a guiding principle of Prove. “At Prove, we believe that all consumers should have access to the digital economy, regardless of whether you already have a credit file or not,” said Rodger Desai, Co-Founder and Chief Executive Officer at Prove. “We’re proud to be partnering with Experian, which shares our vision for a more financially inclusive digital world. Together, we are giving more companies across the globe access to advanced identity technology, such as cryptographic authentication, that they can use to verify more consumers in a quick and secure manner.”
Keep reading
Read the article: How Prove’s Global Fraud Policy Stops Phone-Based Fraud Others MissLearn how Prove’s Global Fraud Policy (GFP) uses an adaptive, always-on engine to detect modern phone-based threats like recycled number fraud and eSIM abuse. Discover how organizations can secure account openings and recoveries without increasing user friction.
Read the article: Prove Supports Safer Internet Day: Championing a Safer, More Trustworthy Digital WorldProve proudly supports the goals and initiatives behind Safer Internet Day, a worldwide effort that brings together individuals, organizations, educators, governments, and businesses to promote the safe and positive use of digital technology for all, especially young people and vulnerable users.
Read the article: Prove’s State of Identity Report Highlights the New Rules of Digital TrustProve’s State of Identity Report explores why traditional point-in-time verification is failing and how businesses can transition to a continuous, persistent identity model to reduce fraud and improve user experience.
