Prove
29 Case Studies
A Prove Case Study
Spark Wallet, a fintech company, faced significant challenges with bot fraud where fake accounts were exploiting its rewards program, leading to revenue loss. The company explored various identity verification vendors, but their solutions created too much friction during customer onboarding. Spark Wallet turned to Prove for a solution.
By implementing Prove Pre-Fill and Trust Score, Spark Wallet streamlined its onboarding process and successfully detected and blocked bot traffic. This resulted in a 100% reduction in bot attacks for the company. Prove's solution eliminated the lost revenue from fraud payouts, allowing those funds to be reinvested into growing the business and providing more rewards for legitimate customers.