Archives

July 19, 2024 @ 12:18 pm By Omar Faridi  |  

In an era plagued with AI-powered impersonation and sophisticated deep fakes, accurately verifying digital identity is more critical than ever. This, according to an update shared by Prove. However, as we enter this AI era, businesses are at risk of adopting a cure that’s equally… Read More

June 21, 2024 @ 7:12 am By Omar Faridi  |  

The UK is experiencing a massive increase in mobile fraud. Consumers, businesses, and government agencies are alarmed and pondering their next steps as they prepare to deal with several emerging trends that have surfaced in 2024. This, according to an update from Prove. Influenced by… Read More

November 17, 2023 @ 6:11 pm By Omar Faridi  |  

Holiday shopping season is a favorite time of year for many, but as consumers everywhere start preparing to open their wallets ahead of Black Friday, “a new type of threat has begun rearing its ugly head: AI-based fraud.” The recent boom in AI capabilities and… Read More

October 18, 2023 @ 10:01 pm By Omar Faridi  |  

Prove Identity, Inc., a global firm focused on digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The new funding from the investment round, “supported by over 40% new international customer growth year to date, reinforces… Read More

June 25, 2021 @ 8:34 pm By Omar Faridi  |  

Prove, which offers an innovative way of proving identity by requiring only a phone number, reveals that it has integrated TransUnion’s TruValidate identity verification solution into its product offering so that it can offer a new, instant, digital identity service in Hong Kong. The launch… Read More