Fintech / Lending

Acquire More Lending Business While Reducing Fraud

Help customers onboard and transact faster – all while keeping fraud in check with a modern identity verification and authentication solution.
🎉
Acquire more lending business

The world's best fintechs & lenders trust Prove

Proven Results

79

%

Faster Onboarding
‍

35

%

Less Onboarding Abandonment

29

%

Increase in Auto-approvals

How Prove Helps Lending Companies

No-cost KYC checks

Remove friction and fraud from onboarding and add no-cost KYC checks

Challenge

Balancing a smooth customer onboarding experience with strong fraud controls often requires trade-offs.

Solution

Prove Pre-Fill™ streamlines customer onboarding and reduces fraud by auto-filling forms with verified customer data. Perform optional no-cost KYC checks – no kidding. 

Reduce risk & fraud while improving customer transaction experiences

Challenge

Regulations complicate customer experiences and companies are trying to balance policy adherence and risk/fraud management with also providing a streamlined customer experience.

Solution

Prove Identity™ augments risk-scoring processes with proprietary phone ownership signals, improving risk and fraud management while decreasing customer process hoops.
Reduce risk & fraud
Intelligent identity management

Intelligent identity management

Challenge

Fintechs often struggle with managing customer identities, leaving them vulnerable to incentive fraud, identity theft, and customer contactability issues.

Solution

Prove Identity Manager™ is a registry of tokenized customer identities that enables companies to recognize and authenticate customer identities across multiple use cases and channels while reducing fraud.

Frictionless authentication to protect against unauthorized access

Challenge

Customers expect a frictionless world where account access is streamlined and instant. Fintechs need to balance customer experience with managing risk & fraud and identity authentication.

Solution

Prove Auth™ offers a suite of passive and active authenticators to adapt to any customer’s authentication scenario across low-to-high-risk events.
Prevent unauthorized access
“Prove's solutions significantly simplify the enrollment processes for millions of Zelle P2P users while adding another layer of non-intrusive protection behind-the-scenes for Zelle. Prove brings together data from across the mobile ecosystem—networks, devices, users—to help us assess enrollment and transaction risk almost instantly. This helps us balance the requirements for speed and security in the faster payments space."
Eric WoodWard
FORMER PRESIDENT, RISK SOLUTIONS  @Zelle/Early Warning Services
“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.”
Ray Youssef
CEO & Co-founder  @Paxful
“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."
Director of Data Science and Risk
Leading Cryptocurrency Wallet
VIDEO

Prove Pre-Fill – Live Tech Demo at CB Insights 'Future of Fintech' 2021

What if you could effortlessly auto-fill any application in any digital channel with just a phone? Here's a tech demo of how it works.

Read More
blog

7 Most Important Things You Should Know About the Global FinTech Industry

Here are seven crucial things emerging and existing fintech players have to keep in mind and pay close attention to.

Read More
blog

Overview of the Payments Industry

An overview of the payments ecosystem, consumer & wholesale payments, and the application of new payment technologies.

Read More
blog

Biometrics as Catalyst: FinTech Pulls Away From Banks

There are many innovations on the road ahead, but few stand to impact remittances – and FinTech as a whole – like biometrics.

Read More

Talk to an expert

Learn how our solutions can grow your Lending Business:

Prove Awards