"Prove's solution saved our call center. We implemented it proactively before we began seeing this surge, and we are so glad that we did. It has enabled us to increase our number match rate and cut down significantly on call wait times. It has very clearly made a difference for us!"
“We are thrilled to partner with Prove. There’s no denying the rapidly growing interest in crypto investing – however, the industry has been faced with two major issues – accessibility and security. Our partnership with Prove will provide a seamless onboarding process for new users, strengthening safety and security for our platform’s entire community.”
“Prove’s phone-centric identity signals were instrumental in helping us to protect our user base against SIM swap fraud. They provided us with one of the key signals we needed in order to detect account takeover attempts, thereby protecting our customers from huge potential losses."
Modernize Onboarding While Improving Trust and Safety with Phone-Centric Identity
Companies lose 75% of potential customers during digital onboarding, and time-consuming identity verification is often to blame.
In partnership with Marketplace Risk, this webinar provides real-world examples of how leading companies are adopting modern identity techniques to tackle the most significant challenges in digital onboarding and improve customer trust and safety.
Key Challenges in RegTech Adoption for Financial Institutions
Over decades of operations and fine payouts, it became apparent that existing compliance practices cannot effectively dodge the bullet, no matter how much is invested in the legal/compliance departments.
How to Stop Digital Banking Application Abandonment
According to a recent study by Signicat, the percentage of European consumers who abandoned a digital banking application surged from 38% in 2019 to 63% in 2020.
Cost of Bank Misconduct
The highest fines result from operational risks, a clearly addressable area for RegTech. The use of AI/ML in RegTech solutions by various startups and incumbent GRC solution providers provides an opportunity for banks to address these areas of concern more efficiently.
Learn how our Banking solutions can help your business grow.