Prove Blog

In a recent article on Forbes, Rodger Desai, Prove Co-Founder & CEO, wrote about the challenges facing Open Banking implementation globally.

Underbanked consumers rely heavily on fringe financial service providers to conduct routine financial transactions and pay high fees in the process.

Identity Authentication & Verification Leader Takes Top Honors for Workplace Environment & Cybersecurity Solutions

With the tremendous potential for growth and scope-defying imagination, FinTech is now acting as a catalyst for other industries.

The insurance industry is one of the most exciting areas of innovation with the highest disruption potential for tech-powered startups.

Small businesses are the backbone of modern economies, in which the democratization of financing opens new frontiers for an increasing number of entrepreneurs.

The European Banking Authority (EBA) has published its ‘final’ draft Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA) and secure communication under PSD2.

Neobanks are viewed as a direct challenge to the status quo of the established traditional banks, with their lower cost structure and hyper-personal customer experience.

While a plethora of challenger banks and neobanks have preferred to build their core platforms in-house, the game is not lost for traditional platform providers.

Video banking could become the banking of the next generation along with mobile-only banks and other latest trends in banking.

Imagine an international trip from the US to China, India, and the UK, where you can make purchases through your credit cards without paying any foreign transaction fees.

Banks’ interest in bitcoin blockchain is seeing a massive uptick in exploring potential use cases for the distributed ledger system (blockchain technology).