Prove’s Phone-Centric Identity™ platform helps businesses mitigate the risk of identity fraud, and is used by more than 1,000 companies including 9 of the top 10 U.S. banks. Prove supports user authentication for businesses looking to secure their own services, with several use cases and features designed to protect account access and prevent identity fraud, while reducing complexity for both businesses and IT teams. Prove is typically leveraged by IT teams for securing onboarding for high-profile accounts, managing customer phone numbers, and providing multi-factor authentication for digital services, like transferring cash, account login, updating account information, and more. Prove is popular in the financial market, with over 500 banks utilising the service. They were recently recognized by Gartner as a leading identity proofing and affirmation solution.
The key is that Prove leverages mobile signals and customer phone numbers for user authentication. Prove’s Fonebook helps keep comapnies’ customer data always up to date, allowing firms to recognize and authenticate consumers through phone lifecycle change events; it is a fully automated solution, automatically adding new customer numbers and updating numbers as needed. These numbers are verified against Prove’s phone intelligence data and other authoritative sources and are checked for signs of fraud, with indicators that detect how long numbers have been in use, as well as who the numbers are registered under. Phone numbers are also used to verify customer identities, with automated phone calls and one-time passcodes used to authenticate user access and prevent identity theft and data breaches. Admins can implement authentication events at specific parts of the user journey, such as when accounts are created, when monetary transfers are requested, or when users try to log in.
Prove’s phone number management features reduce complexity, while also greatly improving business security against identity fraud and data breaches. The use of phone numbers, as well as Prove’s Phone-Centric Identity model, provides fast and efficient user authentication that is highly secure. It does so by leveraging billions of signals pulled in real-time to verify user identities and provide a higher level of trust, enabling customer access to key systems. Authentication using phone numbers also simplifies the processes for customers, as they can simply answer a call or use a text to prove their identity and gain access to account services. Prove is a strong solution for organizations looking for a way to authenticate their users at different stages of the user journey.
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