PYMNTS: Prove Identity Selected by Versatile Credit to Enhance Fraud Screening and Customer Experience
Versatile Credit, a premier software provider connecting merchants, lenders, and consumers for point-of-sale loans, recently unveiled a new integration with Prove to enhance Versatile’s fraud screening process while also delivering a more streamlined customer onboarding experience.
As reported by PYMNTS, The Paypers, and Furniture World Magazine, the integration enables Versatile to offer merchants the ability to screen applicants for potential fraud risks, with the additional benefit of making the application process easier, more reliable and faster through the award-winning Prove Pre-Fill® onboarding and identity verification solution.
“We're excited to incorporate Prove’s solution into our platform. Their cutting-edge technology equips our merchant and lending partners with a fast and straightforward fraud screening mechanism,” remarked Joe Sharp, CTO of Versatile Credit. “Additional features, like application pre-filling, further strengthen this solution, ensuring merchants deliver a secure and efficient application process to their customers.”
“Versatile Credit remains committed in its mission to equip merchants with comprehensive tools for full-spectrum consumer financing, streamlining processes, and enhancing efficiencies,” said Ed O'Donnell, CEO of Versatile Credit. “Our collaboration with Prove empowers merchants with greater control over the application journey, significantly mitigating risks and improving the overall experience.”
“We're thrilled to collaborate with Versatile Credit to not only fortify fraud screening measures and safeguard both shoppers and merchants, but to also improve the consumer experience and make onboarding faster, more accurate, and easier,” said Scott Bonnell, Chief Revenue Officer at Prove. “We're confident that our integration will help to benefit businesses and end-users alike with robust fraud prevention and commerce enablement.”
To learn more about how Prove Pre-Fill® can help you accelerate your onboarding process by 79% while mitigating account opening fraud, visit the solution page here.
Read more at PYMNTS.com
Read more at The Paypers
Read more on Furniture World Magazine
Keep reading
Read the article: Prove Global Fraud Policy℠: A New, Adaptive Standard for Digital IdentityIntroducing the Global Fraud Policy (GFP), Prove’s new unified, adaptive fraud-defense engine that replaces fragmented, custom rules with a single, comprehensive policy that automatically updates as new threats emerge. This forward-looking framework helps businesses anticipate and respond to evolving threats like GenAI deepfakes, synthetic identities, and eSIM bots, protecting customers at scale.
.png)
Read the article: Passkey Syncing Fraud: The New Attack Vector Everyone Saw ComingPasskey syncing, a feature meant for convenience, has created a new security threat by allowing attackers to compromise cloud accounts and download victims' passkeys. Learn how this fraud happens and the steps consumers and businesses can take to protect high-risk accounts.
Read the article: Prove Pre-Fill® Now Available on Temenos Exchange, Delivering Seamless Onboarding to Banks WorldwideProve Pre-Fill® integrates with Temenos Exchange to give banks worldwide seamless, faster customer onboarding and dramatically reduce fraud.
