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What is Prove?

Prove’s Phone-Centric Identity™ platform manages over 1 billion identity tokens for both consumers and small enterprises, equipping organizations with the tools to fight against fraud, enhance revenue, and lower operational expenses in the digital realm. By verifying identities, businesses can significantly mitigate the risks of fraud while improving user experiences through the automatic population of forms with authentic information, leading to higher sign-up rates across multiple platforms. Prove's extensive registry, which includes more than 1 billion phone number-based identity tokens, effectively meets a range of identity verification requirements while tackling fraud issues. As a modern approach to identity verification, Prove illustrates how straightforward it can be to confirm identity simply through a phone number. Nevertheless, the persistent threats from hackers, state-sponsored intrusions, global fraud syndicates, deep fakes, and automated bots complicate the establishment of digital trust between businesses and their customers. In this challenging landscape, it is essential for companies to implement strong identity verification protocols to uphold their credibility and ensure online safety, thereby fostering a more secure digital environment for all users. As the digital landscape continues to evolve, the importance of effective identity verification solutions will only grow.

What is LetFaster?

LetFaster focuses on providing cloud-driven, automated solutions for Biometric Identification Screening, Fraud Detection, and Tenant Screening. Our cutting-edge Facial Recognition, Motion Detection, and Liveness algorithms leverage advanced AI and OCR technologies to verify global identity documents effectively. Identifying counterfeit IDs can be challenging, as they often pass all standard background checks, leaving organizations vulnerable to potential fraud and Anti-Money Laundering (AML) violations. Key Advantages: * Comprehensive Tenant Screening * Proprietary SaaS Portal, Not Relying on External Services * Ability to Identify Both Internal and External Fraud * Enhanced Security through Key-Based 2-Factor Authentication (more secure than SMS verification) * Strengthened Internal Controls * Streamlined Workflows: Boosting Operational Efficiency * Automated Setup for Offices, Properties, Buildings, and Owners * User-Friendly Interface: No Prior Training Necessary * Detailed Audit Trail * Robust Business Intelligence Features * Freedom from Mandatory Partnerships * No Major Upfront Costs Involved Additionally, our solutions are designed to adapt to the unique needs of each client, ensuring a tailored screening process that maximizes security and efficiency.

Media

Media

Integrations Supported

Formalize

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Prove

Date Founded

2008

Company Location

United States

Company Website

www.prove.com

Company Facts

Organization Name

LetFaster

Date Founded

2018

Company Location

United Kingdom

Company Website

letfaster.tech

Categories and Features

AML

Not specified

Authentication

Not specified

Bank Verification

Not specified

Fraud Detection

Not specified

Identity Verification

Not specified

RegTech

Not specified

Categories and Features

AML

Compliance Reporting
Identity Verification
PEP Screening
Watch List

Artificial Intelligence

For Healthcare
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Process/Workflow Automation
Rules-Based Automation

Background Check

Employment Screening
Screening Services Integration
Self Service Portal
Status Tracking
Tenant Screening

Dashboard

Private Dashboards
Visual Analytics

Fraud Detection

Access Security Management
For eCommerce
Internal Fraud Monitoring

Identity Management

Access Certification
Compliance Management
Multifactor Authentication
Privileged Account Management
User Activity Monitoring

Real Estate

Not specified

Rental

Not specified

Rental Property Management

Credit Check
Owner Portal
Tenant Management
Tenant Portal
Tenant Screening

Reporting

Drill Down

Tenant Screening

Not specified

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