Blockchain Teams Up with Prove to Offer 10-Second KYC Verification to Users

Miami, USA, August 7th, 2024 – Chainwire

Blockchain.com, recognized as one of the most reliable and pioneering crypto platforms globally, has announced a major update to Blockchain.com Pay: the incorporation of Prove Identity Inc., the leading provider of digital identity solutions. This partnership aims to simplify the Know Your Customer (KYC) process for U.S. customers, facilitating immediate and secure user verification.

With the implementation of Prove’s technology, Blockchain.com Pay users can now complete their KYC verification in under 10 seconds by only submitting the last four digits of their Social Security Number and their mobile phone number. This advancement eliminates the previously required traditional methods, such as scanning identification documents, taking verification selfies, and providing proof of address.

“Prove solutions transform the KYC experience by emphasizing speed, security, and simplicity,” stated Jim Wang, Head of Product at Blockchain.com. “One of our top priorities is to offer our users an unparalleled experience, and with Prove, we are establishing a new standard in the industry,” Wang continued. “This streamlined KYC flow is the latest enhancement added to our all-in-one solution, which includes fraud management and customer support, further setting us apart from competitors.”

This collaboration not only enhances the experience for individual users but also significantly benefits Blockchain.com Pay partners, including industry leaders like Exodus and MetaMask. By utilizing Blockchain.com Pay, companies can easily incorporate crypto payments into their services with minimal coding, enjoy competitive fees, and access over 40 million already verified Blockchain.com customers along with extensive customer support.

Organizations aiming to elevate their onboarding processes and join renowned partners such as Exodus and MetaMask can reach out to the Blockchain.com Pay team directly.

About Blockchain.com:

Blockchain.com is a prominent player in cryptocurrency financial services, offering a diverse array of solutions that encompass investments, an exchange, a wallet, and institutional markets. Famed for its reliable and user-friendly products, Blockchain.com empowers users worldwide to take control of their finances.

About Prove Identity:

Prove solutions enable businesses and consumers to engage confidently in transactions without barriers. We help organizations effectively differentiate between legitimate users and bots or deep fakes impersonating humans. Over 1,000 businesses, including 9 of the top 10 U.S. banks, trust Prove to mitigate fraud, enhance customer experience, and increase revenue.

Contact:

Annie Parker
Greenbrier
[email protected]
[email protected]

This article was originally published by Chainwire.