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Prove (formerly Payfone) Stock (PRFP)
Prove is the modern way of proving identity with just a phone.
About Prove (formerly Payfone) Stock
Founded
2008
Headquarters
New York, NY, US
Industries
Mobile, Information Technology, Privacy and Security
Prove is the modern way for businesses to enable their customers to prove their identities with just a phone. Prove offers phone-centric solutions that enable its customers to acquire new consumers and engage with their existing consumers by removing friction while bolstering security, and enhancing consumer privacy and consumer choice. Prove's solutions are used by more than 1,000 businesses across diversified industries, including banks, financial services, healthcare, insurance, and e-commerce. Prove has two main solutions + MFA: • Prove Pre-fill™ for Onboarding & Digital Acquisition, which helps companies increase signups and mitigate account opening fraud by authenticating consumer identities, and auto-filling verified data in any channel. • Fonebook™ for Digital Servicing, which helps companies: - Access a single identity authentication platform that reduces complexity and total cost of ownership to create a holistic view of your customer across their entire channels - Manage, add, and update customer phone numbers to ensure you always have the right number for your customer Multi-factor Authentication: - Standard SMS & Voice OTPs - Instant Link™ (authenticate through SMS link without needing OTP) - Mobile Auth™ (authentication via cellular networks; passive method for passwordless login) - Voice Biometrics – Match against a consumer’s voice for authentication - Push Authentication – App-based method to prove Possession, can also pull in behavioral biometrics, device (PKI), and environmental (Wi-Fi, Bluetooth, network) signals - Secure transactions across multiple digital servicing use cases, including login, high-risk transactions, call center, and passwordless login
Prove (formerly Payfone) Press Mentions
Stay in the know about the latest news on Prove (formerly Payfone)
Prove Identity Says Checkmarks Are Future of ID Verification in the Age of AI
pymnts • Oct 10, 2024
Blockchain.com partners with Prove to accelerate KYC
thepaypers • Aug 09, 2024
Prove Debuts Self-Service ID Verification Platform
pymnts • Jul 16, 2024
Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication
pymnts • May 18, 2024
Prove Adds ID Verification Tools to AWS Marketplace
pymnts • Apr 16, 2024
Prove (formerly Payfone) Management
Leadership team at Prove (formerly Payfone)
CEO
Rodger Desai
Chief Financial Officer
Tom FitzSimmons
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