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
Discover how injection attacks allow fraudsters to bypass identity verification by injecting malicious data, highlighting the critical threat of these sophisticated attacks on digital security flows. Learn to identify and defend against these evolving methods that hijack trust and compromise user accounts.
Learn how to design a seamless user onboarding experience with best practices and real-world examples.
New legislation is being proposed to use online age verification, requiring websites with adult content to implement "commercially reasonable" methods to verify user ages, signaling a significant shift in digital access and content regulation.
