Author: Amy Sariego

Provenir Named 2022 Fintech Innovator of the Year Finalist by the Canadian Lenders Association

Written by Amy Sariego on 31 Mar, 2022. Posted in News. No Comments on Provenir Named 2022 Fintech Innovator of the Year Finalist by the Canadian Lenders Association

NEWS

Provenir Named 2022 Fintech Innovator of the Year Finalist by the Canadian Lenders Association

The AI-powered risk decisioning provider is among an esteemed short list of vendors honored for excellence in the category in the organization’s Leaders in Lending Awards

Parsippany, NJ — March 31, 2022 — Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced that it is a finalist in the “Fintech Innovator of the Year” category for the 2022 Leaders in Lending Awards by the Canadian Lenders Association (CLA).

CLA is the voice of Canada’s lending ecosystem, representing over 100 companies in commercial and consumer lending. The “Fintech Innovator of the Year” award celebrates fintech enablers that power the lending industry and help credit providers achieve incredible scale and meet the needs of millions of everyday Canadian consumers and businesses.

Award winners are determined by the use of technology to solve problems and drive efficiencies throughout the lending industry, implementation of new or innovative lending strategies and business models, and positive outcomes following successful implementations of a new technology or business model.

“Provenir is honored to be named a finalist as fintech innovator of the year by the Canadian Lenders Association and is proud to serve Canadian lenders with their risk-decisioning needs to better serve their clients,” said Kathy Stares, Executive Vice President of the Americas at Provenir. “Accurate credit risk modelling is top of mind for the lending community and this recognition serves as a testament to Provenir’s commitment of delivering new and innovative solutions that meet their needs and enhance the overall customer experience.”

Provenir’s industry-leading AI-Powered Decisioning Platform is data-fueled and AI-driven for smarter risk decisioning. It is comprised of three essential components that enable financial institutions to rapidly overcome the challenges that hold them back – data integration, AI deployment and decisioning automation. The solution empowers fintechs and financial services organizations to unlock the true value of data, combining universal data access with simplified artificial intelligence (AI) and automated, real-time decisioning. With data more accessible and usable than before, financial institutions can automate complex decisions that drive world class customer experiences, addressing identify, credit and fraud for quicker onboarding and serving.

The Ultimate Guide to Decision Engines

What is a decision engine and how does it help your business processes?

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HooYu

Written by Amy Sariego on 30 Mar, 2022. Posted in Partners. No Comments on HooYu

Partners

HooYu

HooYu – KYC and Customer Onboarding Platform

Key Benefits

Making the KYC Journey Smarter for Customers. HooYu combines UI & UX features with a range of KYC tools. Dynamic customer prompts, device language detection, reminders, customization, and customized journeys all help to maximize the success of customer onboarding journeys.
Prevent fraud with powerful identity technology. HooYu seamlessly blends a range of identity verification tools to check that there is no fraudster hiding behind the transaction.

“HooYu has created the best possible KYC process when customer documentation verification is required.”
BetFred

The Completely Configurable Customer Onboarding Journey

HooYu is a global customer on-boarding platform that provides UI & UX tools to deliver customized mobile or desktop digital journeys. HooYu is engineered not only to increase the integrity of KYC processes but to maximize the percentage of customers that can be successfully on-boarded. We are the first identity platform to blend ID document validation, digital footprint analysis, geo-location and facial biometrics with traditional database checks and PEPS & sanctions screening.

About HooYu

Products
- Digital customer onboarding journey UI & UX
- KYC orchestration
- ID document validation
- Facial biometrics
- Database checks
- PEPs & Sanctions checks
- Identity confidence scoring
Regions Supported
- Global

Global Data Consortium

Written by Amy Sariego on 30 Mar, 2022. Posted in Partners. No Comments on Global Data Consortium

Partners

Global Data Consortium

Key Benefits

Electronic Identity Verification. eIDV uses personal information such as name, date of birth, or national ID from various data sources to quickly confirm if an individual is who they claim to be.
Know Your Business. Our KYB solution offers three levels of checks with varying degrees of verification to allow your business to retrieve the necessary information for onboarding, partnerships, beneficial owner checks, or more.

“One of the biggest things we love about GDC’s team is their flexibility. They worked to add new data sources to ensure we got the highest match rates possible.”
REMITLY

About Global Data Consortium

Global Data Consortium is a data-as-a-service company that delivers real-time, locally sourced identity and business verification for financial institutions, age restricted services, ecommerce, regtechs, and more around the globe.

From swift customer and business identification for online account opening to identity verification for global money transfer to verifying ages for online gaming and age-restricted commerce, our local data providers reach deep into their markets to find unexpected sources of identity information, confirming anyone from thin-file clients to prominent persons of interest. Beyond the product itself, our Consortium of data providers, channel partners, and customers supply a continuous flow of knowledge and meaningful connection.

Resources

EIDV for Payments Providers

About Global Data Consortium

Products
- KYC Electronic Identity Verification (AML Compliance Check, PEP/Watchlist/Sanctions Check, Intelligent Name Translation Engine)
- Business Verification
- Know Your Business Check
- Owners, Directors, and Officers Check
Countries Supported
Argentina, Australia, Austria, Belgium, Brazil, Canada, Denmark, France, Germany, India, Italy, Mexico, Netherlands, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States, Czech Republic, Finland, Ghana, Gibraltar, Hong Kong, Ireland, Japan, Luxembourg, Malaysia, Nigeria, Poland, Portugal, Slovakia, Bahrain, Chile, Colombia, Costa Rica, Ecuador, Egypt, Greece, Hungary, Indonesia, Jordan, Kenya, Kuwait, Lebanon, Malta, Oman, Panama, Paraguay, Peru, Phillipines, Qatar, Romania, Russia Federation, Saudi Arabia, Slovenia,United Arab Emirates, Uruguay, Venezuela, Vietnam

MicroBilt

Written by Amy Sariego on 24 Mar, 2022. Posted in Partners. No Comments on MicroBilt

Partners

MicroBilt

Powerful Alternative Credit Data and Risk Management Solutions

Key Benefits

Industry-leading data. With an eye to the needs of the small and medium-sized enterprises often left out of the big data game, MicroBilt has structured our products to be right-sized for your business. With MicroBilt you can customize the products you need and all of our products are provided through a single, simple, access portal, batch processing and available via API.
A complete platform with you in mind. Whether you’re working in originations or debt collection, screening a potential hire or tenant, planning for growth, or keeping up with regulatory requirements, MicroBilt can be your partner, providing the insight and information you need to protect your business, grow your bottom line, and keep your company running smoothly.

Data You Can Count On.

For over 40 years MicroBilt has been helping businesses assess and manage risk. We were a pioneer in the now exploding alternative credit data space and as such have refined our products and services to deliver true business value.

Today MicroBilt is a registered consumer credit reporting agency. That means our data and products meet the highest standards of accuracy, quality, and security as mandated by federal regulations.

At our core, we believe that any successful company needs access to the right information to make the smartest decisions possible.

Over the years, MicroBilt has invested heavily in acquiring best-in-class data. We’ve built sophisticated systems for keeping our data fresh and accurate and powerful predictive models for making decisions around lending, leasing, collections, and risk management.

Resources

About MicroBilt

Services
- Credit & Decisioning
- Bank Verification
- Identity Verification
- Payment Solutions
- Collection & Recovery
- Background Screening
- Business credentialing
Regions Supported
- North America

Event: Transforming Credit Decisioning with AI

Written by Amy Sariego on 24 Mar, 2022. Posted in Resource. No Comments on Event: Transforming Credit Decisioning with AI

ON-DEMAND WEBINAR

Transforming Credit Decisioning
With Artificial Intelligence

Book a Meeting

How can AI-powered risk decisioning play a part in transforming the entire credit risk decisioning process? Technology continues to evolve and advances in big data, digital transformation, and AI/ML are creating new opportunities for financial services and fintechs to improve their credit decisioning processes.

Join us for this exciting panel discussion moderated by FinTech Magazine and hear from industry experts on using AI/ML to transform credit risk decisioning.

You’ll learn:

Opportunities and challenges in using AI for risk decisioning
How to set up AI projects for success
Ways that AI can impact the entire customer lifecycle
How to power financial inclusion with alternative data and advanced analytics

Speakers:

Bharath Vellore
General Manager, APAC, Provenir
Thai Dinh
Head of Data Science and AI, PayMaya
Tom Donlea
Vice President, APAC, Ekata

Moderator:

Scott Birch

Chief Content Officer, FinTech Magazine

RESOURCES

Provenir Awarded “Data Solution of the Year for Finance” in 2022 Data Breakthrough Awards Program

Written by Amy Sariego on 24 Mar, 2022. Posted in News. No Comments on Provenir Awarded “Data Solution of the Year for Finance” in 2022 Data Breakthrough Awards Program

NEWS

Provenir Awarded “Data Solution of the Year for Finance”
in 2022 Data Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Data Technology Products and Companies

PARSIPPANY, N.J., March 24, 2022 – Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been selected as the winner of the “Data Solution of the Year for Finance” award in the 3rd annual Data Breakthrough Awards program conducted by Data Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global data technology market today.

Provenir’s industry-leading AI-Powered Decisioning Platform is data-fueled and AI-driven for smarter risk decisioning. The solution empowers fintechs and financial services organizations to unlock the true value of data, combining simplified data access with accessible artificial intelligence (AI) and automated, real-time decisioning. Provenir’s AI-Powered Decisioning Platform is comprised of three essential components that enable financial institutions to rapidly overcome the challenges that hold them back – data integration, AI deployment and decisioning automation.

Data Cloud + Marketplace – the fintech data and intelligence ecosystem – The Provenir Marketplace is a comprehensive fintech data and intelligence ecosystem covering the whole customer lifecycle with data types like identification, document verification, open banking, PEPs/sanctions, business data, bureau data, mobile data, email data, device data, social validation, and alternative data covering 350+ behaviors. Users can select from more than 535 country/data/partner combinations through the Provenir Marketplace’s single API to create rich, customized datasets that best meet their needs.
Provenir AI – simplified AI for smarter decisioning – Provenir AI is a purpose-built solution that lets businesses automate the development, selection, deployment, and retraining of models. Fed by data from the Marketplace and real-time decisioning performance, Provenir AI uncovers insights and patterns in data that inform and retrain models in real-time, allowing organizations to make more accurate decisions than ever before while managing bias.
Decisioning Cloud – make smarter decisions, faster – Decisioning is where the true value of data is uncovered, where data is unified with automated decisioning and AI to enable fintechs and financial services organizations to make more informed decisions, faster across the customer lifecycle. With data more accessible and usable than before, financial institutions can automate complex decisions that drive world class customer experiences, addressing identify, credit and fraud for quicker onboarding and serving.

“We are honored to be recognized by Data Breakthrough as “Data Solution of the Year for Finance” in this year’s awards program,” said Larry Smith, CEO and Founder of Provenir. “We’ve taken a complex challenge and created a simple solution that empowers organizations to push the boundaries of what’s possible with universal access to data, simplified AI and world-class decisioning technology to provide real-time, accessible financial services to individuals and companies across the globe.”

“Provenir’s concept of data fueled, AI-driven risk decisioning is helping fintechs and financial services make smarter decisions faster by simplifying the end-to-end decisioning process,” said James Johnson, Managing Director, Data Breakthrough. “The Company makes it fast and easy to unlock the value of data to make smarter decisions and minimize risk. Provenir’s “breakthrough” solution delivers comprehensive data, AI and decisioning – all in one single platform – helping organizations provide the real-time decisioning customers demand today. We extend our sincere congratulations to Provenir on winning our ‘Data Solution of the Year for Finance’ award.”

About Data Breakthrough

Part of the Tech Breakthrough organization, a leading global provider of market intelligence and recognition platforms for technology innovation and leadership, the Data Breakthrough Awards program is devoted to honoring innovation and market disruption in data technologies, services, companies and products. The global Data Breakthrough Awards program provides a forum for public recognition around the achievements of data companies and solutions in categories including data analytics, management, infrastructure and hardware, storage, Business Intelligence and more. For more information visit DataBreakthroughAwards.com.