Prove Identity news and trends

Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication
Fraud Prevention // May 15, 2024

As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not. Case in point: As CEO Rodger Desai told Karen Webster in an interview, at Prove, there’s a running joke...

Prove Adds ID Verification Tools to AWS Marketplace
Identity // April 16, 2024

Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce enablement, identity verification and identity authentication solutions for faster onboarding, reduced abandonment and lower rates of fraud. The release noted...

Versatile Credit Enhances Fraud Screening With Prove Identity Integration
Security & Fraud // December 19, 2023

Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. As a software provider connecting merchants, lenders and consumers for point-of-sale loans, Versatile Credit will enable merchants to deploy this solution both online and in-store, the companies said in...

Prove Identity Raises $40 Million at Over $1 Billion Valuation
Investments // October 17, 2023

Prove Identity, a smartphone-based identity verification startup, has secured $40 million and reached unicorn status with a valuation exceeding $1 billion. The company will use the capital to “launch new commerce enablement and fraud-fighting use cases, continue Prove’s global expansion, and address the evolving threats...

Interviews & Exclusives
Embedded Authentication Could Accelerate Digital Payments

May 31, 2024
As we move fast and furiously into a digitally connected economy, payments modernization is essential. After all, how businesses and consumers pay, and get paid, is central to defining the future of both commerce and daily life. That’s why the modernization of payment systems is not just a convenience — it’s an imperative. Yet that […]

Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication

May 15, 2024
As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s not. Case in point: As...

Biometrics and Smartphones Make Life Without Passwords a Reality

February 15, 2023
Thus far into 2023, “passwordless” remains among the buzziest of buzzwords in identity authentication. Nicole Jass, chief product officer at Prove Identity, told PYMNTS that despite the burgeoning popularity of...

Mobile Devices Move Passwordless Future to the Here and Now

November 21, 2022
Mobile devices, biometrics and identity tokenization are helping to make passwordless identity authentication a reality, Rodger Desai, chief executive officer of Prove Identity, told PYMNTS’ Karen Webster. The payoffs are...

Quick Reads
Prove Adds ID Verification Tools to AWS Marketplace

April 16, 2024
Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce enablement, identity verification and identity authentication solutions for faster onboarding, reduced abandonment and lower rates of fraud. The release noted large levels of discontent among consumers who feel frustrated with […]

Versatile Credit Enhances Fraud Screening With Prove Identity Integration

December 19, 2023
Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. As a software provider connecting merchants, lenders and consumers for point-of-sale loans, Versatile Credit...

Prove Identity Raises $40 Million at Over $1 Billion Valuation

October 17, 2023
Prove Identity, a smartphone-based identity verification startup, has secured $40 million and reached unicorn status with a valuation exceeding $1 billion. The company will use the capital to “launch new...

Prove Identity Appoints Cybersecurity Professor Amanda Fennell as CISO 

January 26, 2023
Prove Identity has appointed Amanda Fennell as the company’s chief information security officer (CISO). Fennell brings 20 years of experience in the security industry to the digital identity firm and...