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Banking

Blog
Why Top Banks and FinTechs Are Adopting Phone-Centric Identity for Frictionless PSD2 SCA

Prove’s Phone-Centric Identity technology can improve your identity verification strategies to make your customer experiences safer, faster, and easier.

Prove
June 22, 2021
Blog
How Banks Can Effectively Manage Regulatory Changes

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.

Prove
June 10, 2021
Blog
Use Identity Tokenization to Transform Customer Experience and Uplift Revenue

Identity tokenization can elevate digital servicing by improving customer service while respecting data privacy.

Prove
June 10, 2021
Blog
The Next Generation of Biometric Technology Is Here, and It’s Revolutionizing Digital Authentication

Biometrics are playing an increasingly critical role in securing the rapidly growing number of digital transactions worldwide.

Prove
June 8, 2021
Blog
4 Banks that have Adopted the Concept of ‘Pop-Up Branch’

Financial institutions are now using ‘pop-up branches’ to test new permanent locations, provide low-cost transactional support, and implement special event engagement.

Prove
June 7, 2021
Blog
Westpac Bank Says “Hey You” to Mobile Ordering App in New Partnership

Westpac has partnered with Hey You, a mobile coffee ordering outfit, to give customers a $5 Hey You credit to use at participating businesses.

Prove
June 7, 2021
Blog
Improving Challenger Bank Metrics with Phone-Centric Identity™

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.

Prove
June 3, 2021
Blog
How 37 Banks in 1990s became 4 Banks in 2009; Mega Consolidation in the US

These four establishments essentially monopolize the entire banking industry—the 'Big Four' is an idiomatic name for the four central banks in many countries.

Prove
June 2, 2021
Blog
Alternative Data & Financial Access: The Good, the Bad, and the Ugly

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.

Prove
June 2, 2021
Blog
The Future of Authentication Is Mobile, Instant, and Already Here

Some FinTech companies are introducing instant authentication services on mobile in collaboration with a powerful party – a mobile operator.

Prove
June 1, 2021
retail banking
Blog
Retail Banking: Six Steps to Improving the Collections Experience

There's one area of banking that has not evolved as it should have over the decade: missed payments and collections.

Prove
May 31, 2021
OTPs & Selfies Are Leading the Next Wave of Customer Onboarding in Banking
Blog
OTPs & Selfies Are Leading the Next Wave of Customer Onboarding in Banking

Banks now realize that one of the most crucial areas of business where tech can elevate their perception is the process of onboarding.

Prove
May 28, 2021