Articles from Prove Identity, Inc.
Prove Identity Saving Americans Nearly 30 Million Minutes Yearly through Frictionless Digital Customer Experiences
Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced consumer impact metrics that illustrate Prove’s ability to empower enterprise customers to drive incremental revenue, while mitigating fraud, improving the consumer experience, and accelerating trust in the digital economy.
By Prove Identity, Inc. · Via Business Wire · April 30, 2024
Prove Identity Launches Solutions in AWS Marketplace to Elevate Digital Customer Experiences
Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced that its digital customer experience, identity verification, and identity authentication solutions are now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).
By Prove Identity, Inc. · Via Business Wire · April 16, 2024
EY Announces Prove CEO Rodger Desai as an Entrepreneur Of The Year® 2023 National Finalist
Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced that its Founder & Chief Executive Officer Rodger Desai has been named by Ernst & Young LLP (EY US) as a 2023 Entrepreneur Of The Year® National finalist. Now in its 37th year, Entrepreneur Of The Year was created to honor those audacious entrepreneurs who dare to reimagine what’s possible and develop products and solutions that disrupt markets, revolutionize industries, and transform lives.
By Prove Identity, Inc. · Via Business Wire · December 19, 2023
Prove Identity Partners with BetMGM to Elevate Security and Enhance Sports Betting Experience for March College Basketball
Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced a strategic partnership with BetMGM, a sports betting and iGaming leader, to enhance the security and user experience for BetMGM customers through the cutting-edge Prove Pre-Fill® identity solution. Prove Pre-Fill® accelerates digital consumer onboarding by up to 79% and is used by more than 1,000 businesses globally across diversified industries, including 9 of the top 10 banks. This collaboration marks a significant milestone in Prove’s journey towards providing seamless and secure digital sports betting and casino services in the U.S. states where BetMGM operates, pending regulatory approval.
By Prove Identity, Inc. · Via Business Wire · April 2, 2024
Prove Identity Expands Brazilian Presence, Partners with Elo to Make Digital Transactions Safer, Easier and Faster
Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced that Elo, a 100% Brazilian payment technology company, will be leveraging Prove’s identity verification solutions to improve its customer experiences while also combating SIM swap fraud and the proliferation of "orange accounts" in Brazil.
By Prove Identity, Inc. · Via Business Wire · November 16, 2023
Prove Identity Secures $40 Million in Funding Led by MassMutual Ventures and Capital One Ventures
Prove Identity, Inc. ("Prove"), a global leader in digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The new funding, supported by over 40% new international customer growth year to date, reinforces Prove’s position as the global leader in the digital identity verification and authentication market. The funds will be used to launch new commerce enablement and fraud-fighting use cases, continue Prove’s global expansion, and address the evolving threats faced by all public and private institutions operating in the digital economy.
By Prove Identity, Inc. · Via Business Wire · October 17, 2023
Prove Identity Appoints Mitch Bompey as Chief Legal Officer
Prove Identity, Inc. (“Prove”), the global leader in digital identity, announced today the appointment of Mitch Bompey as Chief Legal Officer. Bompey, who recently served as General Counsel and Chief Risk Officer at Addepar, a fintech data platform, brings over 25 years of legal expertise in technology licensing, data management, privacy, and security to Prove. Prior to his six-year tenure at Addepar, Bompey served as Managing Director, Head of Technology, Data Protection & Sourcing Legal at Morgan Stanley.
By Prove Identity, Inc. · Via Business Wire · October 11, 2023
Prove Identity CEO Rodger Desai Wins EY Entrepreneur Of The Year® New York Award
Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced that its Founder & Chief Executive Officer, Rodger Desai, has been named by Ernst & Young LLP (EY US) as a 2023 EY Entrepreneur Of The Year® New York Award winner. Now in its 37th year, Entrepreneur Of The Year is one of the world’s most prestigious business awards honoring transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all. This esteemed recognition highlights Desai's exceptional leadership, innovation and significant contributions to the digital identity and fintech industries.
By Prove Identity, Inc. · Via Business Wire · June 15, 2023
Prove Identity Partners with Visa to Make Customer Onboarding 79% Faster While Enhancing Security
Prove Identity, Inc. (“Prove”), a leader in consumer identity, today announced a new partnership with Visa (NYSEV), a world leader in digital payments, to empower brands to increase secure loyalty account enrollment by eliminating manual account registration and pre-filling application forms with verified information. Visa clients will now have access to Prove’s award-winning Prove Pre-Fill® identity verification solution, which enables consumers to opt into pre-filling registration forms securely and with ease. Brands benefit by driving loyalty accounts while also preventing identity and bot fraud.
By Prove Identity, Inc. · Via Business Wire · May 10, 2023
Prove Identity to Offer Seamless and Secure Gaming Experiences to FanDuel Customers
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced that FanDuel Group, the premier mobile gaming destination in the United States, has selected Prove to offer seamless and secure gaming experiences for its users. FanDuel is the industry leader in legalized and regulated mobile sports wagering, and is changing the way consumers engage with their favorite sports, teams, and leagues. The announcement marks Prove’s continued growth within the larger iGaming and sports betting landscape.
By Prove Identity, Inc. · Via Business Wire · May 4, 2023
Prove Identity Partners with Bitstamp USA to Further Strengthen Security and Compliance
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced a partnership with Bitstamp, the world’s longest-running cryptocurrency exchange, to further strengthen its security and compliance controls while also expediting its user onboarding process.
By Prove Identity, Inc. · Via Business Wire · March 8, 2023
Prove Identity Appoints Amanda Fennell as New CISO
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced the appointment of Amanda Fennell as the company’s Chief Information Security Officer (CISO) and Chief Information Officer (CIO). Fennell, who most recently served as the CISO & CIO at Relativity, brings over twenty years of security industry experience to the role having spent the past several years working in digital forensics and cybersecurity at companies such as Symantec, Dell SecureWorks, Zurich Insurance Group, Booz Allen Hamilton, and Guidance Software.
By Prove Identity, Inc. · Via Business Wire · January 26, 2023
Prove Identity Recognized as Only Company to Make Deloitte’s Technology Fast 500™ List for Six Consecutive Years in Tri-State Area
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced it has been named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, for the sixth year in a row. Prove is one of only 14 companies on the 2022 list to have made the list six times or more, and is the only company in the tri-state region that has made the list six consecutive times.
By Prove Identity, Inc. · Via Business Wire · November 16, 2022
Prove Identity Appoints Nicole Jass and Scott Bonnell to Executive Team to Fuel Global Growth
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced that it has appointed Nicole Jass as Chief Product Officer to further expand Prove’s offerings to new industries and use cases, and Scott Bonnell as Chief Revenue Officer to help drive global scale and execution. These new appointments signal a new phase of growth for Prove as the company continues to penetrate the digital identity solutions market, which is set to reach $116 Billion by 2030 (Source: Straits Research).
By Prove Identity, Inc. · Via Business Wire · November 8, 2022
Prove Releases White Paper on Why Cryptographic Authentication is Replacing Risk-Based Authentication at Tier 1 Banks & Enterprises
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced its new white paper, “Pinnacle: Prove’s Machine Learning Driven Platform for Cryptographic Authentication” that discusses why leading enterprises are making the switch from risk-based authentication to cryptographic authentication. Cryptographic authentication ensures that the data being fed into machine-learning systems is truly tied to the consumer and not a bad actor. Prove accomplishes this by ensuring that the identity of the consumer is cryptographically authenticated prior to trusting the information that is submitted, and when enterprises adopt Prove’s Pinnacle platform, pass rates increase significantly while fraud decreases, yielding substantial ROI.
By Prove Identity, Inc. · Via Business Wire · November 1, 2022
Prove Announces the Launch of Prove Auth™ to Deliver Next-Generation Passwordless Identity Authentication
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced the launch of Prove Auth™, a next-generation solution for passwordless login and omnichannel authentication.
By Prove Identity, Inc. · Via Business Wire · October 24, 2022
Everi Selects Prove Identity to Streamline Customer Experiences and Mitigate Fraud in Gaming
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced that Everi Payments Inc., a wholly owned subsidiary of Everi Holdings Inc. (NYSEEVRI), has selected Prove as one of its solution providers for identity verification services. With industry-leading payment solutions, Everi empowers casino operators to successfully deliver on all aspects of the emerging mobile ecosystem, including funding for on-premise gaming devices, payments at point of sale machines, and providing customers multiple options to access funds while on the casino floor.
By Prove Identity, Inc. · Via Business Wire · October 6, 2022
Prove Survey Reveals More Than Half of U.S. Consumers Would Switch Brands as a Result of Slow Identity Verification
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced the results of a consumer survey, which revealed that the average American is tired of using multiple passwords to manage online accounts, and increasingly intolerant of slow identity verification processes. The study, conducted by OnePoll on behalf of Prove, asked 2,000 Americans about their password habits and found that respondents have an average of four “go-to” passwords -- with 31% saying these are just different variations of the same password. 62% of U.S. consumers said they’d abandon trying to log into an account after just three failed password attempts, 51% would switch brands as a result of slow identity verification, and 34% would switch providers completely if they’re unable to log into their account easily. In terms of password security, respondents said they felt they could hack their significant other’s devices in just five attempts. From a customer experience perspective, 64% of the Americans polled said that authenticating their identity through their phone is more convenient than using a password.
By Prove Identity, Inc. · Via Business Wire · July 27, 2022
Prove Identity, Inc. Helps Synchrony Complete 25 Million Digital Credit Card Applications
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced it has facilitated 25 million “radically simple” customer credit card applications with Synchrony (NYSESYF), a premier consumer financial services company. Synchrony leverages Prove’s Pre-Fill and Identity solutions to dramatically simplify its customer application and account opening processes by reducing the number of fields a customer must complete by 80% compared to previous application processes. With Prove’s identity verification and cryptographic authentication capabilities, Synchrony applicants can quickly verify their identities, and can have credit applications approved almost instantaneously.
By Prove Identity, Inc. · Via Business Wire · July 7, 2022
Prove Joins Visa Ready for BNPL to Enable an Authenticated and Frictionless User Onboarding Experience
Prove Identity, Inc. (“Prove”), the leader in digital identity, announced today it has joined the Visa Ready for BNPL (Buy Now, Pay Later) program. Prove will enable Visa’s BNPL clients to streamline account opening and registrations while creating a seamless user experience through its Prove Pre-Fill onboarding solution. Powered by Prove’s Phone Identity Network (PIN), Prove’s Pre-Fill solution expedites the digital onboarding process by pre-populating a form with verified identity information tied to a phone number, while mitigating fraud.
By Prove Identity, Inc. · Via Business Wire · May 25, 2022
Prove to Headline Data, Fraud, and Future of Identity Track at LendIt Fintech (Fintech Nexus) USA 2022
Prove Identity, Inc. (“Prove”), the leader in digital identity, will be headlining the Data, Fraud, and Future of Identity track at the LendIt Fintech (Fintech Nexus) USA 2022 conference at Javits Center on May 25-26. Prove Chief Executive Officer and Co-Founder Rodger Desai will be joined by Sarah Clark, Senior Vice President, Digital Identity at Mastercard, and Travis Jarae, Chief Executive Officer of Liminal to kick off the track with a panel entitled ‘The Identity “Hot” Seat: 3 Executives, 5 “Burning” Questions. The three influential voices in digital identity will discuss data, fraud, and the future of digital identity while sampling a trio of scorching hot sauces for a fast-paced discussion that gives new meaning to the term “fire”-side chat. The panel will take place May 25 at 10:50am in Room 6.
By Prove Identity, Inc. · Via Business Wire · May 17, 2022
Prove Partners with All Access NFT to Power Enhanced Customer Experiences and Prevent Fraud in Booming NFT Space
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced a new partnership with All Access NFT, which provides premium NFT collectibles, and changes the way people collect, invest, and redeem real-world rewards. All Access NFT leverages its partnerships throughout the sports world, allowing users to support their favorite athletes, collect sets for a once in a lifetime experience, and bridge the gap between blockchain and real-world utility. The innovative NFT company will be using Prove’s Trust Score, Verify, and Pre-Fill offerings to protect its users from fraud and make their customer experience faster and easier. In the larger digital asset landscape, Prove’s technology is used by 2 of the top 3 cryptocurrency exchanges today.
By Prove Identity, Inc. · Via Business Wire · March 29, 2022
Prove Ranked as Identity Verification Leader by G2 Users
Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced G2.com, Inc. users have ranked the company as a top leader in Identity Verification Software for G2.com's Winter 2021 Report.
By Prove Identity, Inc. · Via Business Wire · January 12, 2022