Prove Blog

Regulations have always been a cumbersome affair for the banking and financial services industry.

You might soon be paying for your next coffee, not by a credit card linked to your bank, but by an account/card linked to your face.

In a move to ensure that the transactions are not routed through any third-party website (payment gateways, other competitors), banks are trying their hands at housing mini online stores.

Globally, ~$80 billion is spent on governance, risk, and compliance, and the market is only expected to grow, reaching $120 billion in the next five years.

Visa has announced that it partnered with several leading financial institutions worldwide to offer new mobile payment services.

On the new episode of One World Identity's State of Identity podcast, Michael Lynch, Chief Strategy Officer at Prove, speaks about verification and authentication solutions across the identity lifecycle.

Miller will help elevate Prove’s customer experience by providing clients with personalized, consultative fraud and identity management expertise.

Contextual Commerce is a game-changing design that enables sellers to seamlessly create multiple opportunities to sell their products to customers while performing their routine activities.

Banking, which is a heavily regulated industry, is changing partly due to regulations and also due to new players and tech-led experiences they are bringing to the customers. Among these regulations, one such regulation has the potential to change banking forever: Open Banking.

Success in FinTech is often comparable to a hike without a backpack in a company of experienced hikers who carry large sacks with water and snacks and are willing to share when necessary. In the case of FinTech, experienced companions are the bank investors.

Prove CEO Rodger Desai writes about the challenges businesses face as well as actionable ways companies are adopting new techniques in a bid to focus on digital trust.

People often ask – what is the most significant driver for FinTech innovation? Is it the reduced cost of running a startup, banks offering bad service, or the democratization of tools & software?