What if you could effortlessly auto-fill any application in any digital channel with just a phone? At CB Insights' recent 'Future of Fintech' conference, Prove’s Chief Revenue Officer Kathleen Waid and Sales Engineer Melissa Griffin presented a live demo of a Prove Pre-Fill™ card application use case. Both the mobile and web applications of the technology were showcased.
“Prove Pre-Fill takes something you have—your cell—with something you know—either the month and day of birth or the last 4 of your SSN—combines it with our super-power, which is basically tokenizing your digital identity, and then auto-fills an application with CIP-grade level data about a consumer. This allows you to onboard customers with elegance and to bring them on so they don’t abandon you, to make sure there isn’t fraud, and also to have a really excellent customer experience,” said Kathleen.
“We have about 35% reduction in abandonment across all of our customers. That reduction in abandonment also increases customer delight. Of the people that were offered Pre-Fill, 93% say, ‘Yes,’” Kathleen adds.
Watch the full video of the tech demo here:
Prove in CB Insights Future of Fintech 2021 ebook: https://online.flippingbook.com/link/833147/20
To learn more about Prove’s identity solutions and how to accelerate revenue while mitigating fraud, schedule a demo today.

Keep reading

Discover the challenges of implementing financial fraud detection systems and learn solutions to stay ahead of evolving threats.

In this blog we break down the top six points to consider when it comes to choosing an identity verification solution.

Learn what check fraud is, how it works, and how banks are using innovative ways to eliminate check fraud activity.