Trish Mosconi, Chief Strategy Officer at Synchrony, recently highlighted how the financial service leader’s partnership with Prove helps them stay one step ahead of the competition and consumer expectations. Featured in Women in Retail, the piece underscores the critical role of partnerships in meeting the ever-evolving expectations of today's consumers and sheds light on how collaboration with next-generation identity verification and authentication tech partners, like Prove, helps drive innovation.
“Synchrony leverages Prove’s Pre-Fill and Identity solutions to dramatically simplify its customer application and account opening processes by reducing the number of fields a customer must complete by 80% compared to previous application processes. With Prove’s identity verification and cryptographic authentication capabilities, Synchrony applicants can quickly verify their identities, and can have credit applications approved almost instantaneously, resulting in a uniquely improved customer experience,” writes Mosconi in the article for Women in Retail.
The article also calls out other important themes in the fintech landscape such as a shift in fintech strategy, the importance of easy integration, and what the future of retail could look like as virtual and metaverse shopping become more of a reality.
Thank you Trish for this informative piece and for spotlighting the work we’re doing together. We’re honored to be a part of Synchrony’s journey and to be collaborating with you to drive the fastest, easiest and most secure experiences for consumers.
Check out the full article to learn more about how Prove's solutions are helping Synchrony and others stay at the forefront of the retail game.
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