What's New In Proof's Product Suite
Proof's latest product suite enhancements include Identify, a robust identity verification tool integrated via API or no-code EasyLinks to prevent fraud across industries; Lock Recipient Name, a feature that enforces name consistency on signatures through KBA and credential checks to reduce disputes; and an upcoming improved transaction creation experience for Title with enhanced usability and optional fields.
Our newest products and features help prevent fraud and ensure integrity while preparing and completing all your transactions.
Identity Verification for Every Transaction
We are excited to announce our newest product offering, Identify. Identify is a robust solution designed to combat identity fraud across all industries.
With increasing concerns about identity fraud, Identify offers a proactive approach to verifying identities, ensuring that bad actors are ruled out early in your process. This saves your business valuable time and reduces financial losses associated with fraudulent activities.
For our API customers, Identify integrates seamlessly into your workflow, whether online or in-person. Not connected through our API? Our EasyLinks offer a no-code solution that simplifies the process by allowing businesses to create predefined links that service users in bulk. Contact our sales team to learn more.
When paired with Defend, Identify becomes an even more powerful tool for verifying identities and detecting fraud early on.
Prevent Signature Discrepancies with Lock Recipient Name
Traditionally, recipients have had the ability to update the name they use on their signature. This flexibility has sometimes led to issues where recipients sign documents with a different name than initially provided, causing complications and acceptance issues for our customers.
With Lock Recipient Name enabled, the designated recipient must pass KBA and credential analysis under the name provided by the organization and will then sign the document with that name. This not only helps prevent fraud but also ensures that the name on the document matches the signature, streamlining acceptance and reducing potential disputes.
Coming Soon - The New Transaction Creation Experience for Title
The new transaction creation experience! Along with a new look and feel, we've made usability improvements to the transaction creation form. With new optional fields, you can capture vital details to better track eSign and Proof signatures: file number, loan number, points of contact, transaction name, transaction type, and external ID.
These enhancements set the stage for exciting new product offerings to come.
Related
How Online Car Dealerships Can Use Verified eSignatures
The article explains how online car dealerships can combat increasing fraud risks inherent in fully digital car-buying processes by using verified eSignatures, which combine layered identity verification, biometric checks, and legal compliance measures to ensure document authenticity, prevent impersonation, meet consumer demand for mobile convenience, accelerate financing approvals, and provide a secure, defensible record of every transaction.
Inside the Fraud Lifecycle | Proof
The article explains that fraud is a multi-stage lifecycle—comprising Data Acquisition, Identity Manipulation, Execution, and Monetization—where modern fraudsters use sophisticated tools like synthetic identities and deepfakes to scale attacks, and organizations that understand and intervene at each stage with layered verification, dark web monitoring, and AI detection can more effectively prevent damage than those reacting only at the execution phase.
Evolving Identity Verification: From KBA to Biometrics
The article discusses the transition in identity verification from Knowledge-Based Authentication (KBA), which relies on personal historical data and security questions, to biometric facial comparison that verifies real-time physical presence by matching live selfies to government IDs, highlighting biometrics' superior accuracy, enhanced security against fraud, inclusivity for users without extensive credit histories, regulatory compliance with NIST standards, and the effectiveness of combining both methods for robust identity proofing.
How Financial Institutions Can Keep Customers Safe with Authentication
The article emphasizes that financial institutions must implement strong, layered, and biometric-based authentication methods—moving toward passwordless solutions and combining identity verification with fraud intelligence platforms like Proof—to effectively combat rising threats such as account takeover, credential stuffing, and SIM-swapping, thereby protecting customer assets, maintaining trust, and ensuring regulatory compliance.
Secure eSign Solutions by Proof
Proof offers a secure eSign platform that integrates built-in identity verification (ID scans, selfie match, KBA), real-time fraud detection, remote online notarization, no-code signing workflows, mixed signature types, detailed audit logs, and multi-organization brand management to ensure trustworthy, compliant, and scalable digital signing experiences beyond traditional eSign tools.
Create an Identify Transaction – Proof Help Center
An Identify transaction in Proof allows you to verify an individual's identity without requiring a signature, using methods like credential analysis, IAL2-compliant verification with fraud agent backup, or knowledge-based authentication, and can be created via API or EasyLink by configuring transaction details, adding recipient info, and optionally notifying colleagues, with each transaction verifying one person at a time and resulting in a detailed identity report for fraud prevention in sensitive processes.