Digital Identity Company Prove Acquired Portabl, a Startup Specializing in Reusable ID Verification

Prove's partnership with FNBO modernizes customer onboarding by leveraging the Prove Pre-Fill identity verification solution to create a seamless, secure, and digital-first experience for co-branded cards.

New solution delivers measurable ROI by replacing SMS OTPs and mitigating SIM swap fraud – cutting costs, reducing abandonment, and enabling seamless customer experiences across channels.

In this blog, we detail how the FDIC's new guidance, influenced by Prove's advocacy, allows banks to use pre-filled customer data for CIP. This change, empowering solutions like Prove Pre-fill®, significantly reduces friction, enhances security, and improves financial inclusion in digital banking by streamlining account opening and combating fraud.