How Financial Companies Are Driving 79% Faster Onboarding and 75% Less Fraud

IMPACT BRIEF

Learn how banks and fintechs harness new technologies and capabilities to enhance the customer experience, from the initial application process and onboarding to activation and ongoing engagement.

Download the report to:

• Learn about results banks and financial institutions have achieved with Prove Pre-Fill, including faster onboarding and reduced fraud
• Understand how Prove Pre-Fill works
• See a visual customer experience flow of Prove Pre-Fill
• Learn about KYC checks that are included with Prove Pre-Fill at no additional cost

About Prove

Prove is the modern way of proving identity with just a phone. Over 1,000 enterprise customers across diversified industries - including 8 of the top 10 banks, 3 of the top 5 retailers, 2 of the top 3 cryptocurrency exchanges, 2 of the top 3 healthcare companies, and 6 of the top 10 insurance companies in the U.S. - rely on Prove to reduce friction from their digital businesses to accelerate revenue while reducing operating expenses and fraud losses.

What is Prove Pre-Fill?

Prove Pre-Fill facilitates a company’s ability to streamline the customer onboarding process by enabling applicants to auto-fill required data elements with verified data. By auto-filling the information in an authenticated manner, Prove Pre-Fill streamlines the customer experience and authenticates the identity of the individual simultaneously, enabling more new account openings and reducing application abandonment.