Prove Blog

Multi-Factor Authentication (MFA) is a key requirement in ensuring a safe and secure transaction in the digital world.

If you’ve been following Prove, you may have noticed that we have a new look, a new logo, and a new brand identity. You might also know that we changed our name from ‘Payfone’ to ‘Prove’ in 2020, along with a $100 million fundraise and our first acquisition.

The post-COVID world we live in requires new and different technology to help us get back into the world doing the things we love to do safely. Digital health passports are a new type of technology that does just that.

As reported by Bloomberg, the Mitsubishi UFJ Financial Group Inc. (MUFG) has set up a unit to research and develop new financial technologies.

Robo-advisory services are offered via digital platforms, which follow through automated, algorithm-driven financial planning services with little or no manual supervision.

From banking to e-commerce, industries have adopted digital identity verification in an attempt to make services more transparent, secure, and agile. The healthcare sector is not far behind.

The data collected through social media platforms can analyze consumer behavior and preferences, which is the most critical factor for analysis for FinTech companies.

As more companies embrace digital, flawless customer service has become a prerequisite for businesses to differentiate themselves in a highly competitive environment.

A list of some of the most interesting bank account alternative providers among FinTechs in Europe.

Although the pandemic has led to increased global uncertainty, venture capital investments have been strong in many regions worldwide.

We no longer walk with too much money in the wallet, and transfer rates between banks are high.

Banks today are transforming. They are increasingly looking to provide banking services through mobile, tablet, and other internet-enabled devices.