Fraud Solution Profile
Prove has four main solutions:
Prove Pre-Fill® easily and securely expedites the digital onboarding process and improving consumer experience and reducing friction by pre-populating forms with verified identity information tied to authenticated identities.
Consumers provide consent for Pre-Fill seamlessly to return verified name, address and other fields to pre-populate forms and ONLY the specified consumer will be able to autofill their info. For companies, Pre-Fill increases consumer acquisiton, improves user experience, lowers costs, and mitigates fraud and the need for manual intervention/reviews.
Prove Identity™ is the modern way to verify consumer identities using just their phone, resulting in easy onboarding, reduced friction, minimized fraud and streamlined Know Your Consumer (“KYC”) validations.
Prove Identity confirms active phone possession combined with other consumer-provided information, such as name, address, phone number and email, to authenticate consumer identities without delayed fulfillment and/or the need for manual intervention.
Prove Auth™ is a unified solution for consumer authentication that reduces reliance on vulnerable passwords and OTPs, leading to improved consumer experiences, reduced costs and increased security.
Prove utilizes strong binding methods to enable Prove Auth to authenticate across any channel via push notification, cryptographic keys and/or biometrics.
Prove Identity Manager™ offers a persistent way to link consumer identity attributes, such as phone numbers and devices, across lifecycle change events.
Prove Identity Manager offers a secure way for companies to augment consumer information through a trusted registry of real-time unique identifiers, helping them improve consumer servicing and contactability for an optimal consumer experience.
One of the most unique benefits of Prove’s solutions is that they are powered by their Phone Identity Network™ (PIN), which is a registry of 1 billion+ privacy-enhancing identity tokens under continuous management. Our clients can associate customer IDs to the corresponding identity tokens and can access these identity tokens across the customer journey and value chain. PIN is informed by multiple data sources including telecom, bank & public, and 10+ years of proprietary Prove data.
Ecommerce, Financial Services, Insurance, Telecom
Identity & Authentication
Advertisement or Affiliate Fraud, Account Takeover, Call Center Fraud, New Account Fraud, Payment Fraud, Synthetic Identity Fraud
Machine Learning, Multi-Factor Authentication, Rules Engine