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How Prove helps crypto companies
Balancing a smooth customer onboarding experience with strong fraud controls often requires trade-offs. To attract new customers, banks need a streamlined solution that puts customers first.
Prove Pre-Fill® streamlines customer onboarding while reducing fraud (mitigating bad actors) by auto-filling applications with verified customer data. Allow your new users to have greater access from Day 1.
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Not your keys, not your coins. Currently, Crypto Traders are taught to take crypto off exchanges for security which impacts exchanges’ liquidity and revenue.
Prove Identity® verifies Traders upon registration and across each transaction with proprietary fraud signals that prevent Account Takeover and other fraud vectors in real time.
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Crypto Traders have to go through hoops as they transact (account access & recovery, password changes, customer support, clearing large trades, etc.) that negatively impact customer experience.
Prove Identity Manager℠ maintains a customer’s identity throughout their lifecycle, regardless of device and channel changes. This provides Crypto Exchanges with anonymized customer identity tokens that can replace cumbersome processes such as Doc Scan and Proof-of-Address Verification.
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Customers expect a frictionless world where account access is instant. Crypto Exchanges need to balance customer experience with risk management and ease of authentication.
Prove Auth® offers a suite of passive and active authenticators to adapt to any customer’s authentication scenario across low-to-high risk events.
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“We were looking to solve two primary challenges: reducing fraud and improving the customer experience by reducing friction in the credit card application process. Prove allows us to validate phone ownership and possession for 90%+ of users while also allowing us to pre-fill meaningful pieces of the application for those users, reducing the number of steps they need to go through to sign up.”
Brandt Smallwood,
President, Bilt Rewards
"In gaming, the stakes for getting identity right are exceptionally high. With Prove’s Pre-Fill and Unified Authentication solutions on the Prove Identity Platform, we’re streamlining onboarding, enabling seamless authentication, and strengthening fraud protection, all while reducing friction. This partnership allows us to turn identity into a true strategic advantage and set a new benchmark for trusted digital experiences in gaming."
John Snyder,
Product Leader, BetMGM
"We've integrated Prove Pre-Fill® and it's a phenomenal solution that drives real results. It not only increases the completion rate and helps you increase sales, but it really does all the fraud work in the background, so it doesn't impact the customer experience, and we saw a significant decrease in the fraud rate. We've had amazing results."
Senior Vice President,
Digital Credit & Authentication, Synchrony
"Trust and safety is the backbone of what we deliver for our customers - caregivers entering someone's home, and families welcoming a stranger into theirs. Through Prove, we deliver frictionless identity verification via mobile phone possession checks enabling us to effectively filter out bad actors while preserving a seamless experience for legitimate users. Prove has been a true extension of our team, helping us turn trust into a meaningful differentiator."
Naaz Nichols,
Chief Experience Officer, Care.com
"With Prove, we replaced a slow, high-friction photo ID process with a seamless experience that made account recovery 10x faster while reducing support cases and strengthening security. More importantly, it allowed us to build trust with our customers in the moments when they need us most."
Senthil Sivasubramanian,
Engineering Leader, Gusto
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Trusted by 2,000+ leading companies to reduce fraud and improve consumer experiences, Prove is the world’s most accurate identity verification and authentication platform.
