Prove Identity Partners with e-Safer to Protect Brazilians Against Identity Fraud
.webp)
São Paulo, Brazil, May 11, 2023 - Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced a partnership with e-Safer, a Brazilian company focused on providing solutions & services to the cybersecurity and fraud prevention market. The collaboration adds Prove’s PRO APIs to e-Safer’s KYC solution, Digital Hub, permitting e-Safer to improve their portfolio of offerings and help their customers to avoid account takeover (ATO), synthetic identity fraud, and SIM swap fraud.
This partnership further expands Prove’s global presence in Brazil, following an October 2022 announcement of Prove’s partnership with OZ Corretora de Câmbio. A newly emerging leader in payments innovation and financial inclusion, the Brazil market is a strategic area to expand Prove’s product availability and sales support.
“Not only will this partnership with Prove help our customers fight sophisticated fraud attempts, but it will also streamline our services’ security so that our customers will have a more seamless experience—making transactions easier and more frictionless,” said William Bergamo, co-founder and Executive Director at e-Safer.
e-Safer will be utilizing the following Prove solutions:
Trust Score: A real-time measure of phone number reputation and behavioral risk associated with an identity. Trust Score analyzes behavioral and Phone-Centric Identity™ signals at the time of onboarding or ongoing transactions to mitigate attacks by thwarting SIM swaps, account takeovers, and synthetic identities.
Instant Link: Instant Link is a second-factor authentication (a.k.a, a “proof of possession check”) service that leverages technology that thwarts social engineering attacks, to allow companies to embed a secure clickable link in an SMS text.
Identity Verify: Matches name, address and other information against verified data at account opening.
“We are thrilled to continue expanding the number of Brazilian companies benefitting from Prove’s digital identity technology. The combination of our Instant Link, Verify and Trust Score products further bolster e-Safer’s Digital Hub solution to help protect against identity fraud,” said Paulo Nascimento, Head of Latin America at Prove.
Prove’s technology is unique in that it uses something nearly every adult already has - a mobile phone - to easily and securely verify identities in channels such as mobile, desktop, and even in-store. Companies that use Prove have reported results such as up to 79% faster onboarding, a 35% reduction in abandonment, and a 75% reduction in fraud (relative to attack rate). Prove’s customers include 8 of the top 10 U.S. banks, 2 of the top 3 global cryptocurrency exchanges, 3 of the top 5 U.S. retailers, 2 of the top 3 U.S. healthcare companies, and 6 of the top 10 insurance companies in the U.S. To learn more about Prove, visit www.prove.com.
About Prove Identity, Inc. (“Prove”)
As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries, including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. For the latest updates from Prove, follow us on LinkedIn.
About e-Safer
Fundada em 2012, a e-Safer é uma empresa especializada em produtos e serviços de Cibersegurança. Sediada em Alphaville, Grande São Paulo, com filial na cidade do Rio de Janeiro-RJ, conta com um time altamente capacitado e com grande experiência na operação de Centros de Inteligencia Cibernetica, Pentest, Inteligencia de Ameaças, Gestão de Vulnerabilidades e Projetos de Conscientização em Riscos Cibernéticos.
PR Contact:
pr@prove.com
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.
