Banking
Prove’s Phone-Centric Identity technology can improve your identity verification strategies to make your customer experiences safer, faster, and easier.
Regulatory environments globally are becoming increasingly complex – 300+ million pages of regulatory documents will be published by 2020, and 600+ legislative initiatives need to be cataloged by a medium-sized, sell-side institution to have a holistic view of their rulebook.
Identity tokenization can elevate digital servicing by improving customer service while respecting data privacy.
Biometrics are playing an increasingly critical role in securing the rapidly growing number of digital transactions worldwide.
Financial institutions are now using ‘pop-up branches’ to test new permanent locations, provide low-cost transactional support, and implement special event engagement.
Westpac has partnered with Hey You, a mobile coffee ordering outfit, to give customers a $5 Hey You credit to use at participating businesses.
While a better banking experience has been the mantra for challenger banks, diversity in operating models and customer journeys specific to target segments pose barriers to their growth.
These four establishments essentially monopolize the entire banking industry—the 'Big Four' is an idiomatic name for the four central banks in many countries.
One of the problems with extending financial access is the lens through which the formal financial system assesses previously invisible groups of the global population.
Some FinTech companies are introducing instant authentication services on mobile in collaboration with a powerful party – a mobile operator.
There's one area of banking that has not evolved as it should have over the decade: missed payments and collections.
Banks now realize that one of the most crucial areas of business where tech can elevate their perception is the process of onboarding.