What if you could effortlessly auto-fill any application in any digital channel with just a phone? At CB Insights' recent 'Future of Fintech' conference, Prove’s Chief Revenue Officer Kathleen Waid and Sales Engineer Melissa Griffin presented a live demo of a Prove Pre-Fill™ card application use case. Both the mobile and web applications of the technology were showcased.
“Prove Pre-Fill takes something you have—your cell—with something you know—either the month and day of birth or the last 4 of your SSN—combines it with our super-power, which is basically tokenizing your digital identity, and then auto-fills an application with CIP-grade level data about a consumer. This allows you to onboard customers with elegance and to bring them on so they don’t abandon you, to make sure there isn’t fraud, and also to have a really excellent customer experience,” said Kathleen.
“We have about 35% reduction in abandonment across all of our customers. That reduction in abandonment also increases customer delight. Of the people that were offered Pre-Fill, 93% say, ‘Yes,’” Kathleen adds.
Watch the full video of the tech demo here:
Prove in CB Insights Future of Fintech 2021 ebook: https://online.flippingbook.com/link/833147/20
To learn more about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.
Keep reading
Demystify the complexities of global identity verification and compliance across regions like GDPR, CCPA, and PSD2. Learn how to navigate varying international regulations and discover how phone-centric solutions from Prove streamline onboarding, reduce risk, and ensure scalable compliance worldwide.
Discover tools and APIs for seamless, secure user onboarding that ensures a smooth experience while making accurate customer evaluations.
Learn how customer due diligence (CDD) verifies onboarded customers to keep your product secure.
