Prove Identity news and trends

Prove Identity Says Checkmarks Are Future of ID Verification in the Age of AI
Identity // October 10, 2024

More than 30 years ago, a cartoon appeared in the New Yorker, now made famous by any number of memes and framed pictures — a canine perched at a computer, proclaiming: “On the Internet, no one knows you’re a dog.” Fast forward to the current...

Secure or Be Scammed: Business Identity Innovations Drive Ecosystem Growth
Authentication // September 25, 2024

How well do you know the organizations your business transacts with? And how well do they know your business? As the digital transformation accelerates, and businesses are confronted with escalating cyber risks and vendor identity fraud, it’s a question worth asking. The modern business environment...

Brazil Leads Mobile-First Economies Embracing Digital Verification
Digital Identity // September 16, 2024

Emerging markets like Brazil and India are no longer just emerging. When it comes to advances like the digitization of financial services, these countries are frequently leapfrogging legacy landscapes from a financial technological perspective. This has put companies on their back feet, Brad Rosenfeld, chief...

Circle of Trust: How Digital Identities Can Secure the Gig Economy Against Fraud
Digital Identity // September 05, 2024

Fraudsters, like consumers, love a good deal. And the gig economy, estimated to be worth half a trillion dollars in 2023 and employing 38% of the U.S. workforce, is becoming their latest target — with more than a third of U.S. consumers report being victims...

Interviews & Exclusives
The Key to Payment Innovation: Rethinking Digital Identity

October 22, 2024
You can’t get to what’s next in payments without getting to what’s next in identity. That’s according to Mary Ann Miller, vice president of client experience at Prove Identity, who told PYMNTS for the series “What’s Next in Payments: Embedded Everything: Priority One for Financial Services in 2025” that businesses are realizing the real innovation […]

Prove Identity Says Checkmarks Are Future of ID Verification in the Age of AI

October 10, 2024
More than 30 years ago, a cartoon appeared in the New Yorker, now made famous by any number of memes and framed pictures — a canine perched at a computer,...

Brazil Leads Mobile-First Economies Embracing Digital Verification

September 16, 2024
Emerging markets like Brazil and India are no longer just emerging. When it comes to advances like the digitization of financial services, these countries are frequently leapfrogging legacy landscapes from...

Circle of Trust: How Digital Identities Can Secure the Gig Economy Against Fraud

September 05, 2024
Fraudsters, like consumers, love a good deal. And the gig economy, estimated to be worth half a trillion dollars in 2023 and employing 38% of the U.S. workforce, is becoming...

Quick Reads
Prove Adds ID Verification Tools to AWS Marketplace

April 16, 2024
Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce enablement, identity verification and identity authentication solutions for faster onboarding, reduced abandonment and lower rates of fraud. The release noted large levels of discontent among consumers who feel frustrated with […]

Versatile Credit Enhances Fraud Screening With Prove Identity Integration

December 19, 2023
Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. As a software provider connecting merchants, lenders and consumers for point-of-sale loans, Versatile Credit...

Prove Identity Raises $40 Million at Over $1 Billion Valuation

October 17, 2023
Prove Identity, a smartphone-based identity verification startup, has secured $40 million and reached unicorn status with a valuation exceeding $1 billion. The company will use the capital to “launch new...

Prove Identity Appoints Cybersecurity Professor Amanda Fennell as CISO 

January 26, 2023
Prove Identity has appointed Amanda Fennell as the company’s chief information security officer (CISO). Fennell brings 20 years of experience in the security industry to the digital identity firm and...