Prove Blog

The regulatory institutions pass at least six of the most important constraints listed by the WEF that banks have to face, which can have an inhibiting effect on the attempts to deploy risky but innovative solutions.

The future of the banking ecosystem will extend well beyond financial services.

The massive growth of mobile phones has also turned Mobile Network Operators (MNOs) into key drivers of growth and financial inclusion.

Are the SMEs finally going to get their dues with the evolving banking services driven by technological advancements after years of being underserved? Or will this innovation be driven by neobanks and FinTechs?

Dealing with regulations is usually a costly and cumbersome affair.

One of the ways AI could foster the development of InsurTech is data capture and storage.

Over the last few years, a few startups have attained the “Unicorn” status by crossing 1-billion-dollar valuations.

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.