[PRESS RELEASE – Miami, USA, August 7th, 2024]
Blockchain.com, one of the world’s most trusted and earliest crypto platforms, today announced a significant update to Blockchain.com Pay: the integration of Prove Identity Inc., the global leader in digital identity. This integration aims to streamline the Know Your Customer (KYC) process for U.S. customers, enabling instant and secure user verification.
With the integration of Prove solutions, Blockchain.com Pay users can now complete their KYC verification in under 10 seconds initially only providing the last four digits of their Social Security Number and mobile phone number. This eliminates the need for traditional cumbersome methods such as scanning driving licenses, verification selfies, and proof of address documentation.
“Prove solutions transforms the KYC experience by focusing on speed, security, and simplicity,” commented Jim Wang, Head of Product at Blockchain.com. “One of our highest priorities is to provide our users with an unparalleled experience, and with Prove, we are setting a new industry standard,” added Wang. “This streamlined KYC flow is just the latest feature to be added to our all-in-one solution that includes fraud management, and customer support, which further distinguishes us from other competitors.”
This partnership not only benefits individual users but also offers a significantly improved user experience for Blockchain.com Pay partners, including industry pioneers such as Exodus and MetaMask. With Blockchain.com Pay, companies can integrate crypto payments into their services with minimal code and take advantage of competitive fees, over 40 million already KYC’d Blockchain.com customers, and comprehensive customer support.
Companies looking to improve their onramp experiences and join a list of partners that includes the likes of Exodus and MetaMask, can get in touch with the Blockchain.com Pay team here: blockchain.com/pay.
About Blockchain.com:
Blockchain.com is a global leader in cryptocurrency financial services, offering a wide range of solutions including investments, an exchange, a wallet, and institutional markets. Known for trusted and easy-to-use products, Blockchain.com continues to empower users around the world to control their money.
About Prove Identity:
Prove solutions allow businesses and consumers to transact confidently and without barriers. We enable businesses to confidently distinguish between their legitimate users, as well as bots and deep fakes acting as humans. More than 1,000 businesses, including 9 of the top 10 U.S. banks, rely on Prove to prevent fraud, improve customer experience, and boost revenue. Learn more at www.prove.com or on LinkedIn.
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