Prove Blog

For traditional banks that are trying to change themselves, they find that the digital transformation process is a long-drawn exercise that involves cultural change and organizational change apart from just the technology changes.

Apart from being the lifeline of manufacturing, retail, agriculture, and other vital industries, SMEs contribute massively to a country’s international trade.

Brandwatch, in collaboration with Twitter, just released the results of a very curious study analyzing billions of conversations on one of the most vibrant social media channels.

Payment options have been evolving for ages, and with the development of technology, it has been growing even faster.

This article will analyze the top five European banks that have been investing significantly in FinTech startups since 2018.

As Uber & Lyft disrupted transportation and Amazon & Alibaba disrupted commerce, FinTechs tried doing the same to the financial services industry, but one major disadvantage: the traditional players had something special, and that it turned out that it is indeed a strong moat – the banking license.

Merchants lose on average 1.5% of their annual revenue to fraud attacks, representing product and service losses, chargeback fees, and potential scheme programs.

Keiron Dalton, Vice President and UK Country Manager at Prove, talks about how Phone-Centric Identity ™ can help us regain confidence in our digital accounts in a recent interview with Expert Insights.

An advanced form of social engineering, APP fraud has been on the rise globally, causing significant financial losses to consumers.

Financial inclusion is one of the most prominent themes underpinning the global financial services landscape transformation.

Artificial intelligence (AI) is one of the most impactful technological revolutions the world has witnessed.

A research report by Goldman Sachs in 2015 estimated that a part of the traditional financial services’ revenue ($4.7 trillion out of $13.7 trillion) is at risk of being displaced by new technology-enabled entrants, which include FinTech players from lending, wealth management, payments, and others.