As technology enables faster experiences, your customers' willingness to wait is declining. They’re shifting from “Who does it best?” to “Who does it best now?” (Source: Think with Google). That means that every second and every field counts when you're trying to get customers to sign up for your services, whether they're applying for a credit card or loan, or registering for a new account.
There are two culprits when it comes to slowing down online applications: long forms that need to be filled out and identity verification that needs to take place in order for you to know that you're interacting with a legitimate consumer and not a fraudster. Identity Pre-fill addresses both challenges by:
- Pre-filling online applications with verified information from authoritative sources
- Authenticating the consumer's identity to thwart the latest fraud schemes, including synthetic identity fraud
Read about how Synchrony uses Payfone Identity Pre-Fill for their 3-Step Credit Application Process to reduce the number of fields the applicant must fill out by 80%
Identity Pre-fill is used by the world's most innovative banks, credit card issuers, insurance and healthcare companies to create seamless and secure application experiences
Here are some reasons why these companies choose Identity Pre-fill:
- Highest coverage: 90% of 700M active US phone numbers, including pre-paid (25% of mobile phones in the US), family plans, VoIP, landlines
- Highest coverage of "thin-file" consumers
- 80% reduction in number of fields to fill out
- Built-in identity verification and eligibility check to only offer the Pre-fill experience to eligible consumers
- Best household matching
Want to see Identity Pre-fill in action? Complete the form above to request a demo.