
AI in Financial Services Podcast Reducing Friction and Fraud in Financial Services Onboarding – with Mary Ann Miller of Prove
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Dec 29, 2025 Mary Ann Miller, VP and Fraud Executive Advisor at Prove, dives deep into AI's transformative role in financial services onboarding. She shares how AI-driven identity verification can reduce fraud while easing operational burdens. With insights on automating manual checks, detecting bots, and personalizing customer experiences, she highlights the urgency for financial institutions to modernize or risk losing customers. Mary Ann also discusses the impact of regulatory changes on data pre-fill and the future of seamless, one-click onboarding.
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Onboarding Is A Primary Control Point
- Onboarding is the first real relationship touchpoint that shapes trust, risk, and cost.
- Early identity mistakes ripple into operational havoc and financial loss.
Automate Identity By Connecting Data Dots
- Use AI to connect multiple data dots: device trust, submitted identity, and pre-filled data.
- Automate those signals so you can decide confidently without manual checks.
Personal Form Frustration Led To Abandonment
- Mary Ann describes abandoning a difficult form after a single bad submission experience.
- She uses this to illustrate why customers expect seamless, automated onboarding.

