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Infographic: Transform Credit Risk Decisioning Challenges into Opportunities

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INFOGRAPHIC

Transform Credit Risk Decisioning
Challenges into Opportunities

How to Ensure More Accurate, Agile Decisions

Whatever the financial services products you offer, there are common credit risk decisioning challenges – including data integration, model development, fraud prevention, lack of flexibility, and regulatory compliance. So how can you turn these decisioning challenges into opportunities? Discover how upgrading legacy decisioning technology can lead to a 20-40% decrease in credit losses and a 20-40% improvement in efficiency!

See how tbi bank is able to fuel their rapid growth and still ensure a customer-centric strategy

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Round-up: Top Organizations Leading in Embedded Finance
Blog, Decisioning, Digital Banking, Digital Lending, Embedded Finance, Financial Services, Fintech /

Round-up: Top Organizations Leading i...

BLOG Round-up: Top Organizations Leading in Embedded Finance How these tech pioneers ... Read More →
Embedded Finance: Enabling Seamless Financial Services
Blog, Decisioning, Digital Banking, Digital Lending, Embedded Finance, Financial Services, Fintech /

Embedded Finance: Enabling Seamless F...

BLOG Embedded Finance: Enabling Seamless Financial Services Unlocking new opportunities and enhancing ... Read More →
Roundtable: Navigating Regulatory Challenges and Affordability with Foresight in Financial Services
Webinar, Financial Services /

Roundtable: Navigating Regulatory Cha...

Provenir Financial Executive Club: Strategies for Excellence in Dynamic Decisioning Roundtable: Navigating ... Read More →
Tackling Tech Bloat: Slimming Down to Boost Efficiency, Security, and Innovation
Blog, AI, Banking, Credit Risk Mgmt, Decisioning, Financial Services /

Tackling Tech Bloat: Slimming Down to...

How Major Banks and Large Financial Services Providers can Streamline their Tech ... Read More →
Live Event: Navigating the Future of Digital Transformation and Customer Experience
Customers /

Live Event: Navigating the Future of ...

In-Person Event: Navigating the Future of Digital Transformation and Customer Experience September ... Read More →
Finance Forward: 10 Breakthrough Innovations Reshaping The Future of Financial Services
Blog, AI, Banking, Credit Risk Mgmt, Data, Decisioning, Financial Services, Fintech, Provenir /

Finance Forward: 10 Breakthrough Inno...

Explore cutting-edge innovations in risk decisioning that are shaping the future of ... Read More →
Provenir Launches Onboarding Fraud Solution to Fight Back Against Fraudsters, Minimizing Losses While Safeguarding Customer Experience
News, Fraud /

Provenir Launches Onboarding Fraud So...

AI-powered risk decisioning platform connects fraud scores, identity checks and device validation, ... Read More →
The Transformative Journey of Digital Banking in APAC: Growth, Challenges, and Innovations
Blog, Digital Banking /

The Transformative Journey of Digital...

BLOG The Transformative Journey of Digital Banking in APAC: Growth, Challenges, and ... Read More →
Infographic: One decisioning platform for every customer touchpoint
Infographic, Decisioning, Provenir /

Infographic: One decisioning platform...

Balancing risk with opportunity can be a challenge - especially when you ... Read More →
Navigating Your Legacy System Upgrade
Infographic, Banking /

Navigating Your Legacy System Upgrade

Do you struggle to maintain your legacy decisioning systems? A lack of ... Read More →
provenir logo
Infographic, AI, Banking, Consumer Lending, Credit Risk Mgmt, Decisioning, Provenir /

Infographic: The Evolution of Risk De...

With extraordinary growth over the past twenty years, the financial services sector ... Read More →
Webinar, Banking, Onboarding /

Leveraging Technology to Revolutioniz...

In today's fast-paced and competitive financial landscape, both digital and traditional banks ... Read More →
Transforming Consumer Lending: How Big Retailers Like Walmart Are Changing the Game
Blog, Consumer Lending /

Transforming Consumer Lending: How Bi...

BLOG Transforming Consumer Lending: How Big Retailers Like Walmart Are Changing the ... Read More →
Provenir Wins ‘Best Technology Provider – Risk Decisioning’ in the 2024 Credit Strategy Credit Awards
News, Awards, Provenir /

Provenir Wins ‘Best Technology Provid...

Provenir Wins‘Best Technology Provider – Risk Decisioning'in the 2024 Credit Strategy Credit ... Read More →
Elevating Customer Experiences: Headless Banking and Banking-as-a-Service (BaaS)
Infographic, Banking /

Elevating Customer Experiences: Headl...

INFOGRAPHIC Elevating Customer Experiences: Headless Banking and Banking-as-a-Service (BaaS) How to enhance ... Read More →

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Episode 2: TransUnion’s Nidhi Verma Introduces the New Kids on the (Credit) Block

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PODCAST

Episode 2:
TransUnion’s Nidhi Verma Introduces the New Kids on the (Credit) Block

Though they used to be invisible, today they might be the future of the credit market.

On this episode of The Disruptor Sessions, we’re exploring the new-to-credit (NTC) population. Though they used to be invisible, today they might be the future of the credit market.

North America host Kathy Stares (Provenir’s EVP, Americas) and TransUnion’s VP of International Research and Consulting, Nidhi Verma, discuss the immense opportunities in engaging this powerful group. Drawing from TU’s recent report on NTCs, they debunk the myths around risk, define the business case for financial inclusion, and develop a vision of what the future of financial inclusion could look like globally.

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Tune into our Podcast on Apple or Spotify by clicking the icons below.

Apple Podcast

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The Panelists:

  • Nidhi Verma

    Nidhi Verma leads the customer consulting team within the innovative solutions group at TransUnion. Her team is responsible for diagnosing underlying business issues, and uncovering and imparting strategic insights from credit and alternative data assets. Previously at TransUnion, she led the U.S. financial services research and consulting group, delivering industry insights around the consumer credit marketplace. She’s spent over 14 years developing financial plans, creating strategic initiatives, and driving analytics to identify and solve business problems. 

    Verma held prominent positions at Discover Financial Services, Citigroup, Citi EMEA, and Fifth Third Bank where she served as CFO of the bankcard business. She received her bachelor’s and master’s degrees in commerce from the University of Delhi and an MBA in finance from Loyola University of Chicago.

  • Kathy Stares

    Kathy Stares is the Executive Vice President of North America at Provenir, a global leader in AI-powered risk decisioning software. As a member of Provenir’s executive team, she is introducing creative account management approaches to support the company’s aggressive growth strategy.

    Kathy brings more than 20 years of experience in fintech and has a deep knowledge and curiosity about risk decisioning innovation. She’s passionate about helping organizations leverage data and technology to build world-class experiences for their customers.

    Prior to joining Provenir, Kathy was Chief Customer Officer at enStream, Canada’s provider of mobile verification services. Kathy received a Bachelor of Arts degree from the University of Toronto and attained the Women of Influence certificate. Kathy also volunteers for the Menttium organization.

  • Nidhi Verma

    Nidhi Verma leads the customer consulting team within the innovative solutions group at TransUnion. Her team is responsible for diagnosing underlying business issues, and uncovering and imparting strategic insights from credit and alternative data assets. Previously at TransUnion, she led the U.S. financial services research and consulting group, delivering industry insights around the consumer credit marketplace. She’s spent over 14 years developing financial plans, creating strategic initiatives, and driving analytics to identify and solve business problems. 

    Verma held prominent positions at Discover Financial Services, Citigroup, Citi EMEA, and Fifth Third Bank where she served as CFO of the bankcard business. She received her bachelor’s and master’s degrees in commerce from the University of Delhi and an MBA in finance from Loyola University of Chicago.

  • Kathy Stares

    Kathy Stares is the Executive Vice President of North America at Provenir, a global leader in AI-powered risk decisioning software. As a member of Provenir’s executive team, she is introducing creative account management approaches to support the company’s aggressive growth strategy.

    Kathy brings more than 20 years of experience in fintech and has a deep knowledge and curiosity about risk decisioning innovation. She’s passionate about helping organizations leverage data and technology to build world-class experiences for their customers.

    Prior to joining Provenir, Kathy was Chief Customer Officer at enStream, Canada’s provider of mobile verification services. Kathy received a Bachelor of Arts degree from the University of Toronto and attained the Women of Influence certificate. Kathy also volunteers for the Menttium organization.

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How to Power Risk Decisions Faster than the Competition

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ON-DEMAND WEBINAR

How to Power Risk Decisions
Faster than the Competition

Book a Meeting

In the race for customers, speed is everything – and your consumers demand it. But how can you deliver risk decisions and new banking products faster than the increasingly agile competition?

For financial services companies, data has never been more important, and real-time data access, automated decisioning and advanced analytics are key to remaining agile, innovative and responsive to industry trends.

In this webinar, hosted by FinTech Futures, our expert panel – featuring tbi bank’s Chief Credit Officer, Allica Bank’s Chief Product & Strategy Officer and Premier Bankcard’s Senior Vice President, Risk Services – discuss how you can overcome the challenges of upgrading legacy decisioning technology and evolving data security and compliance regulations to ensure you can adapt quickly to shifting consumer demands and stay ahead of the competition.

Watch now to learn:

  • How to mitigate risk, grow your revenue and improve the banking experience for your customers.
  • Why real-time data access and eliminating siloed data environments is critical for not only smarter risk decisions and improved fraud prevention, but also to provide a more holistic, inclusive view of your customers.
  • How advanced analytics like machine learning and AI can enable optimised decisioning across the entire customer lifecycle.
  • The ways upgrading your legacy decisioning technology can accelerate your journey to more modern risk decisioning.
  • How to choose technology partners that enable you to satisfy rapidly evolving compliance and security requirements.

Speakers:

  • Corinne Lleti

    Director General, Southern Europe, Provenir

  • Chris Thornton

    Senior Vice Presidnet, Risk Services, PREMIER Bankcard

  • Conrad Ford

    Chief Product and Strategy Officer, Allica Bank

  • Costin Mincovici

    Chief Credit Officer, tbi Bank

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Enhancing Financial Inclusion in the Digital Era: Redefining Africa’s Digital Banking Future with Data and AI

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ON-DEMAND WEBINAR

Enhancing Financial Inclusion in the Digital Era:
Redefining Africa’s Digital Banking Future with Data and AI

Book a Meeting

As Africa’s digital landscape continues to evolve, the use of data and AI in banking has become increasingly important in driving and enhancing financial inclusion across the continent. Today, as many as 57% of Africans and up to one-third of all adults globally lack any type of bank account, making it difficult to evaluate creditworthiness using traditional methods. This large population of unbanked individuals represents significant growth for innovative organizations.

How can fintechs and digital banks begin this journey to remove barriers to financial inclusion and expand their potential audiences? By combining data with the power of AI, financial service providers can leverage new insights to support financial inclusion while mitigating risk.

Our panel of experts will discuss how financial service providers are doing just that to redefine banking services and products that cater to the unique needs of the unbanked and underserved populations in Africa.

Topics include:

  • Understanding how simplified access to alternative and non-traditional data can reshape your business
  • How the current approach to determining risk profiles impacts the unbanked population and gaps using only traditional data leaves in determining credit risk
  • How alternative data and advanced analytics can catalyze financial inclusion while reducing risk and fraud
  • The role of alternative data in the larger picture of tech-enabled financial inclusion
  • Actionable steps you can take to incorporate alternative data into your decisioning

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TDS Mini: Economy vs. Innovation

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PODCAST

TDS Mini:
Economy vs. Innovation

Is necessity really the mother of invention?

Is necessity really the mother of invention? Our experts Cheryl Woodburn and Matt Fabian certainly think so! In today’s TDS Mini, learn about how traditional financial service providers are competing with emerging, digital-first players, the feature that lenders think is most important for accurate decisioning, and how to avoid a mass customer exodus.

Listen Now

Tune into our Podcast on Apple or Spotify by clicking the icons below.

Apple Podcast

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The Panelists:

  • Matt Fabian

    Strategic and inspiring leader with a strong background in strategy, advanced analytics, marketing, and performance management. Over 30 years experience in Financial Services sector and Management Consulting including roles in Customer analytics, Client Strategy, Analytics and Modeling, Credit Card, Insurance and Wealth Management.

    Recognized speaker and contributor to media including CBC, BNN, Bloomberg, Globe and Mail.

  • Cheryl Woodburn

    Cheryl Woodburn serves as Country Manager for Canada at Provenir, managing all operations as Provenir responds to the record-breaking growth the company is experiencing in North America.

    Cheryl has more than 25 years of experience in global software, analytics, data and technology markets, Prior to joining Provenir, Woodburn served as Vice President, Sales at Equifax. She also served in senior leadership roles at FICO and IBM, overseeing sales and customer success teams, sales enablement, and business operations. Cheryl received a Bachelor of Science degree from McMaster University in Hamilton, Ontario.

  • Matt Fabian

    Strategic and inspiring leader with a strong background in strategy, advanced analytics, marketing, and performance management. Over 30 years experience in Financial Services sector and Management Consulting including roles in Customer analytics, Client Strategy, Analytics and Modeling, Credit Card, Insurance and Wealth Management.

    Recognized speaker and contributor to media including CBC, BNN, Bloomberg, Globe and Mail.

  • Cheryl Woodburn

    Cheryl has more than 25 years of experience in global software, analytics, data and technology markets, Prior to joining Provenir, Woodburn served as Vice President, Sales at Equifax. She also served in senior leadership roles at FICO and IBM, overseeing sales and customer success teams, sales enablement, and business operations. Cheryl received a Bachelor of Science degree from McMaster University in Hamilton, Ontario.

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TDS Mini: Delivering BNPL 101

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PODCAST

TDS Mini:
Delivering BNPL 101

Class is in session in this TDS mini, a bite-sized nugget of insight from The Disruptor Sessions!

Provenir’s Head of Client Delivery, Chris Barber, breaks down Buy Now, Pay Later 101. You’ll learn about the imperative for speedy, data-driven technology, how flexibility is essential to get ahead of BNPL’s evolution, and what to focus on for long-term success.

Listen Now

Tune into our Podcast on Apple or Spotify by clicking the icons below.

Apple Podcast

Spotify Podcast


The Panelists:

Chris Barber

Chris Barber leads Professional Services in EMEA for Provenir, a global leader in data and AI-powered decisioning software. In this role, Chris develops strategies and operations resulting in best-in-class services to help customers improve efficiencies and accelerate their business transformation. 

Chris brings more than 25 years of global experience in the financial industry actively leading digital transformation projects focused primarily on credit, onboarding, portfolio management, revenue forecasting, loan capital management, regulatory reporting and lifecycle management. Prior to joining Provenir, Chris held senior consulting leadership positions at J.P. Morgan, Schroders and Morgan Stanley. Chris earned an MSci in Astrophysics from University College London.

Chris Barber

Chris Barber leads Professional Services in EMEA for Provenir, a global leader in data and AI-powered decisioning software. In this role, Chris develops strategies and operations resulting in best-in-class services to help customers improve efficiencies and accelerate their business transformation. 

Chris brings more than 25 years of global experience in the financial industry actively leading digital transformation projects focused primarily on credit, onboarding, portfolio management, revenue forecasting, loan capital management, regulatory reporting and lifecycle management. Prior to joining Provenir, Chris held senior consulting leadership positions at J.P. Morgan, Schroders and Morgan Stanley. Chris earned an MSci in Astrophysics from University College London.

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Customer-Centric Risk Decisioning in Digital Lending: Insights from Australian Lenders

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ON-DEMAND WEBINAR

Customer-Centric Risk Decisioning in Digital Lending: Insights from Australian Lenders

Book a Meeting

In the digital lending landscape, customer experience has become a key differentiator for lenders in Australia. And with more than half of borrowers expecting personalized offers, how can digital lenders prioritize customer experience and balance risk management at the same time? Adopt a customer-centric approach with advanced risk decisioning that combines the power of data-driven credit risk decisioning technology. 

In this webinar from Provenir and Fintech Australia, our panel of experts, including Clayton Howes – CEO, MoneyMe, Joanne Edwards – Chief Risk and Compliance Officer, Wisr and Bharath Kumar Vellore – General Manager APAC, Provenir, will share case studies and explore strategies for enhancing borrower experience through effective risk decisioning in digital lending operations in Australia. 

Watch now for insights on:

  • Leveraging customer data such as financial data, credit history, and behavioral data for risk assessment and credit decisioning
  • Tailoring lending solutions to enhance the borrower experience with personalized offers including loan amount, interest rates, and repayment terms
  • Balancing risk management and customer experience to optimize the risk decisioning process to cover regulatory compliance and fraud prevention while enhancing customer satisfaction
  • Implementing technology such as data analytics, artificial intelligence, and machine learning for streamlined, customer-centric risk decisioning

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The Decisioning Imperative for Open Banking

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ON-DEMAND WEBINAR

The Decisioning Imperative
for Open Banking

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Consumers use open banking to power their digital financial experiences. Regulators are still finalizing the rules. Join the discussion!

Open banking is here. Consumers rely on open banking to power their digital financial experiences. Regulators are finalizing rules to ensure consumers have the right to share their banking data with whichever service providers they choose. Energy spent fighting against open banking is a waste. It’s also a missed opportunity.

Open banking has the potential to revolutionize how banks make decisions about their customers. Every decision point across the customer lifecycle – from credit risk evaluation to cross-sell to collections – stands to benefit from the real-time, contextual insights that open banking data can deliver.

The question is how to harness these new insights. What do banks need to change – analytically, operationally, and even culturally – to benefit from open banking?

Join Alex Johnson (Fintech Takes) and Kathy Mitchell-Stares (Provenir) for a lively discussion on these topics and the future of decisioning in financial services.

Speakers:

  • Alex Johnson

    Fintech Takes

  • Kathy Stares

    Provenir

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Datasheet: Provenir for Banking

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DATA SHEET

Provenir for Banking

Make risk decisions faster than the competition without sacrificing your risk strategy.
The way consumers interact with financial services products is changing, rapidly – consumers expect more instant decisions, personalized offers, and automated, digital experiences. With the rapid increase in financial services competition, banks need to think about upgrading their decisioning technology to become more agile, innovative, and flexible in order to win more business.

Are you struggling to stay ahead of the competition? Discover how to take your credit risk strategy to the next level with Provenir’s Decision Intelligence Platform. From the agile, business-user-friendly, low-code user interface to powerful automation and data integration technology, Provenir gives your team the tools it needs to get ahead, and stay ahead, of the competition.

Want more info on upgrading your decisioning?

Get in Touch

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Canadian Lenders Association Risk Roundtable

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ON-DEMAND WEBINAR

Canadian Lenders Association
Risk Roundtable

Book a Meeting

Featuring Cheryl Woodburn, Country Manager of Canada, Provenir

At the Canadian Lenders Association’s recent Risk Roundtable, Provenir’s Country Manager of Canada, Cheryl Woodburn, had the opportunity to discuss current challenges in growing your lending business, the ever-growing issue of fraud, and why accessing the right data is more important than ever.

Despite ongoing macroeconomic challenges putting significant stress on lenders, there are opportunities for growth in Canada. But to effectively take advantage of those growth opportunities, lenders need to look carefully at their data.

Watch now and hear from Cheryl on how data can improve your business agility, how to overcome common obstacles on leveraging data, and tips to more successfully action it.

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