Latest news with #Pre-Fill
Business Wire
13-05-2025
- Business
- Business Wire
Prove Advances Pre-Fill Platform With 400 Million Transactions and Announces a Revolutionary Advancement in Frictionless Identity Authentication
NEW YORK--(BUSINESS WIRE)-- Prove Identity, Inc. ("Prove") announced it has surpassed 400 million pre-fill transactions across 150 million users. Strong and accelerating adoption across financial services and gaming continues to validate the growing demand for fast, secure, and low-friction identity authentication and makes clear that continuous innovation is a market mandate. Building on that momentum, Prove is advancing the latest version of Prove Pre-Fill ® this spring, a new release that eliminates all manual data entry while strengthening real time authentication tied to device and phone possession. Consumers will be able to frictionlessly share personal data by proving they control their mobile device during the transaction. It removes the need for user challenges such as date of birth or full or partial national ID numbers. Every transaction is backed by Prove's Global Fraud Policy, which applies 10 years of real time proprietary phone reputation and behavioral signals to detect and block synthetic identities, SIM swaps, injection attacks, and recycled numbers. This policy is continuously evolving, enabling Prove to stay ahead of sophisticated fraud trends including the ability to detect and stop bots operating over large-scale IoT eSIM networks. Prove Pre-Fill ® is already used by major fintechs like Bilt and top US banks and card issuers like Synchrony. In gaming, platforms including Betr and BetMGM rely on Prove to onboard users quickly and securely. "Onboarding new players efficiently has always been of crucial importance in online gaming,' said Alex Ursa, Head of Gaming at Betr. 'The solutions Prove has brought to market continue to be on the cutting edge, combining a streamlined registration experience that is safe and secure for new players." Prove pioneered the use of seamlessly binding identity verification with authentication, which enables KYC and AML compliance but goes beyond to deliver magical experiences that drive business growth. By tying identity to possession of the device during the transaction, Prove has created an authentication standard that stops fraud before it starts. 'We believe users should be in control. Signing up for a credit card, bank deposit account, or gaming app should be easy for the right person and impossible for a fraudster. Our latest technology advances the market toward a new standard,' said Rodger Desai, Founder and CEO of Prove Identity. In the first four months of 2025 alone, Prove added more than 50 million Pre-Fill transactions, driven by increased demand during major events such as March Madness. The Prove Pre-Fill ® solution update will be available on mobile and desktop in the spring of 2025. Interested in learning more about the Prove Pre-Fill® solution? Click here. About Prove Identity, Inc. ('Prove') Prove enables businesses to provide frictionless digital consumer experiences without compromising security. Prove's advanced identity verification and authentication platform and Prove Identity Network ensure trusted digital transactions throughout the user journey. More than 1,500 businesses, including 18 of the top 20 U.S. banks, rely on Prove to mitigate fraud, boost revenue, improve customer acquisition, enhance cybersecurity, and eliminate the costs of legacy identity verification solutions. Learn more at and follow us on LinkedIn.
Yahoo
29-04-2025
- Business
- Yahoo
Socure Launches Advanced Pre-Fill Solution via RiskOS™ Platform to Transform Digital Customer Onboarding
Socure offering delivers 25% absolute higher auto-prefill rates vs competition to streamline UX while uniquely enhancing fraud prevention and authentication concurrently INCLINE VILLAGE, Nev., April 29, 2025 /PRNewswire/ -- Socure, the leading platform for digital identity verification, compliance and fraud prevention operating in over 190 countries, today announced the launch of Socure's Advanced Pre-Fill, a groundbreaking solution that redefines the customer onboarding experience, leveraging the industry's most comprehensive and accurate identity graph within its real-time decisioning and orchestration platform, RiskOS™. Socure's Advanced Pre-Fill dramatically streamlines onboarding by pre-populating application forms with the highest-verified identity information available—delivering speed, security, and scalability like never before. Socure's proprietary identity graph is the nucleus of everything it does. It sees deeper, wider, and across more customers, more interactions, and more time, with feedback learning to sharpen its intelligence with each additional decision. Every single device, document, phone, or identity verification decision reinforces the next, compounding intelligence across the entire customer lifecycle. That's why Socure leads the market in identity coverage—detecting synthetic identities others miss, stopping injection attacks legacy vendors can't see, and accurately determining device ownership with dramatically lower collision rates. With consumers frequently abandoning onboarding due to time-consuming forms, businesses lose millions in revenue each year. Socure's Advanced Pre-Fill eliminates that friction by requiring minimal input from users, all while achieving a 91% match rate—far surpassing the industry average of 66%. This performance leap translates into higher conversion rates, faster time to fund, and reduced customer drop-off. "The digital onboarding experience represents a critical first moment in the customer relationship, yet many organizations still struggle with high abandonment rates, or insufficient and inaccurate prefill rates. Socure's Advanced Pre-Fill is a transformative leap forward in digital onboarding," said Johnny Ayers, founder and CEO at Socure. "After fielding extensive inbound demand, we've combined our market-leading identity graph with real-time AI-powered intelligence via RiskOS™ to not only increase conversions but also increase accuracy and reduce fraud risks—all in one seamless, fully automated pre-fill workflow." Unlike legacy systems that rely heavily on limiting phone or credit header data, Socure's solution taps into a vast array of authoritative signals—phone and carrier data, device information, graph intelligence, multi-bureau, tax, public records and more—to construct a rich, multi-dimensional view of identity. Customers can leverage multiple combinations of input fields like Phone + last 4 digits of an SSN, Phone + DOB, Phone + Email, etc., depending upon their specific business requirements. Socure's advanced entity resolution technology ensures the highest levels of precision, while its analytics-driven framework continuously scans for anomalies across internal and external datasets. Beyond basic indicators like phone tenure, velocity, usage or location, Socure evaluates a robust spectrum of identity, device and possession factors, enabling organizations to onboard trusted users quickly and confidently. Socure's Advanced Pre-Fill is available via client-side and server-side SDKs and APIs, making it easy to integrate into any digital application experience. Streamlined Onboarding with Enhanced Security Socure's Advanced Pre-Fill addresses multiple business challenges simultaneously: Accelerates Customer Onboarding: By implementing form fill automation with authenticated data, businesses can onboard customers significantly faster, enhancing user experience and boosting conversion rates. Prevents Sophisticated Fraud: Device Intelligence, ID Graph Intelligence, and multiple layers of authentication directly from the carriers not only ensures the best possible population coverage and entity resolution, but additionally plays a role in enabling instant fraud decisions. Measurable Business Impact Socure Advanced Pre-Fill delivers measurable business impact through: Enhanced User Experience: Minimized manual data entry leading to faster completion times and lower abandonment rates, resulting in higher customer satisfaction and trust. Operational Efficiency: Automated data collection and verification have reduced manual review burden, streamlined onboarding workflows, and improved data accuracy. Improved Security: Socure's predictive identity and fraud signals ensure that only verified individuals gain access, protecting businesses from financial and reputational losses. Socure's Advanced Pre-Fill is already widely available for financial services, fintech, gaming, telecom, healthcare, and government organizations seeking to transform their digital onboarding experience via the RiskOS™ platform. For more information about Socure's Advanced Pre-Fill, visit About Socure Socure is the leading provider of digital identity verification and fraud prevention solutions, trusted by the largest enterprises and government agencies to build trust, reduce friction, and eliminate fraud across the globe. With coverage across 190 countries and 3,000+ customers—including 18 of the top 20 banks, the largest HR payroll platforms, four federal agencies, and over 600 fintechs—Socure delivers industry-best accuracy, automation, and capture rates. Following its acquisition of Effectiv, Socure now offers end-to-end identity fraud and payment risk management, with advanced capabilities in transaction monitoring, credit underwriting, and know-your-business (KYB) via its RiskOS™ platform. Leading organizations including Capital One, Citi, Chime, Gusto, Robinhood, DraftKings, the State of California, and many more trust Socure to power digital trust in onboarding, authentication, payments, account updates, and compliance. Learn more at View original content to download multimedia: SOURCE Socure
