Des Moines (May 29, 2024) – Curql Collective, a CUSO bringing fintech to credit unions, has made a new fintech addition to its Curql Fund I investment portfolio: Proof, the world’s first identity-assured transaction management platform. Built to simplify notarization, identity proofing, and eSignature capabilities; and detect and prevent fraud at every stage, Proof helps credit unions authenticate members and ensure transactions are compliant, safe, and secure.
“This level of online notarization is a game-changer,” said Curql Collective President and CEO Nick Evens. “Our credit unions prioritize identifying fintech that helps the CU industry remain relevant and competitive – and Proof does just that – through simplifying, digitizing, and de-risking outdated processes. Altogether, this is what makes Proof a strong strategic investment and value add to our ecosystem.”
Proof’s powerful enterprise capabilities include identify verification, fraud detection, and notary support for in-house notary teams as well as trusted notaries and referees available at the enterprise scale. The platform handles millions of financial documents each year, including powers of attorney, direct rollovers, loan applications, trust certifications, and more. From a security standpoint, Proof brings trust and certainty to every agreement and customer interaction by actively detecting more than 100 risk signals to identify fraudulent activity at every stage of the transaction. It also leverages multi-factor authentication to meet specific document requirements, and annotation and editing tools are built in to reduce signing time and document errors and eliminate guesswork with compliance and eligibility programmed into the platform.
Proof’s CEO, Pat Kinsel, said, “Proof’s remote online notarization and identity verification platform increases credit union member satisfaction and leads to enhanced member experience, transaction security, operating efficiency and a higher perception of credit unions. Curql’s partnership with Proof validates the benefits that Proof brings to credit unions, and we look forward to working with Curql to expand our offerings to its network.”
About Curql Collective
Curql Collective is a collaborative ecosystem of progressive credit unions and innovative fintech. Through a family of funds, including Curql Fund I, Curql Fund II, and Curql Accelerate, Curql strategically invests in the visions of entrepreneurs to bring transformative technology to credit unions to revolutionize how credit union members engage with financial services in the digital age. As the on-ramp to fintech collaboration and innovation, Curql connects credit unions with the future of the credit union industry. For more information, please visit www.curql.com.
About Proof
Proof is the trusted platform for the most important agreements that businesses and consumers sign. More than 7,000 businesses trust Proof to collect all types of documents – everything from online notarization to identity-assured eSignatures. The platform combines strong identity verification with built-in fraud prevention to ensure signatures are harder to forge. Proof operates the Notarize Network, the largest on-demand network of trusted notaries that are available 24/7 to perform a notarization or check a person’s identity. For more information, visit: www.proof.com