Provenir Data
Any data, anywhere, on-demand — One API.
One contract
Simplify your data supply chain with integrations to a wide range of data and insights–all managed through one contract.
One API
Use a single API to connect to all of the data and insights you need to make smarter decisions across identity, fraud, and credit.
Faster launches
Access and use local and global data sources, including alternative credit data, across decisioning workflows in minutes to get new products to market faster.
The future of data consumption.
You need the right data at the right time to decision, strategize and make smarter business choices. But selecting, accessing, and using it can be a time-consuming challenge. Provenir Data lets your business take control, all from one centralized, easy-to-access global data platform.
We created Provenir Data to simplify the data supply chain for financial services providers – with simplified data access, fully maintained integrations, and access to a wide variety of traditional and alternative credit data. So you have the data you need to make smarter decisions across identity, credit and fraud, all accessed and managed through a single API and one contract.
Integrated Global Fintech Data Platform
Explore global and regional data sources covering identity, verification, open banking, bureaus, fraud, mobile, business, device, alternative, and more. Accelerate and enhance your local and global data strategies with any data, anywhere, on-demand.
Benefits
Unleash the power of data.
Provenir Data makes powering your global and regional strategies a breeze. With simplified access to the right data and insights, you get all the benefits, without the integration headaches and maintenance costs.
Simplify Your Data Supply Chain
Accelerate your data strategy with a purpose-built data platform for financial services organizations. Eliminate the time and costs of finding, contracting, and integrating with multiple vendors with Provenir’s one-stop solution for all of your needs across the customer lifecycle.
Enhance decisioning
We offer Provenir Data as a standalone solution or hand-in-hand with Provenir Decisioning. So, whether you’re an existing client or new to Provenir, Provenir Data is easily accessible and usable to enhance decisioning across the customer lifecycle.
Reduce costs
Reduce time and integration costs with fully maintained API integrations. Use preconfigured integrations to connect to a wide variety of data sources in minutes using our low-code, business user friendly UI. Our Data-as-a-Service (DaaS) tools empower your team to integrate data — without unnecessary development or maintenance costs.
Scale + grow
Whether you’re a startup looking to disrupt the industry or an established business enhancing your data strategy, Provenir Data has you covered. You can start small with essential data and add in sources as your decisioning strategy gets more complex. Or, launch in full force with a wide range of data to support enhanced decisioning processes.
Access exclusive solutions
Provenir Data is home to an exclusive range of Insights APIs and risk scores developed internally by our team of industry experts. Powered by a combination of alternative credit data, decisioning results, and AI, our solutions offer an accurate and reliable solution for financial services providers.
Adapt + respond
In a digital-first world, your data needs can evolve in a heartbeat. You need the agility to manage new risks, explore new opportunities and respond to changes faster. The combination of Provenir Data plus Marketplace makes it quick and easy for you to create your data ecosystem in one place.
FAQ: Alternative Credit Data
Frequently asked questions
What is alternative credit data and what can it do for you?
Want to learn more?
Alternative credit data is often considered to be anything outside of a traditional credit score generated by an approved, authorized credit bureau (which vary from region to region).
Examples of alternative data include: social media presence, mobile phone info, web presence, travel info, rental and utility info, open banking, cash flow/financial data, full-file public records (education, professional licenses, address stability, etc.)
Traditional data sources usually come from authorized credit bureaus in the form of a credit score, but also encompass more secured loan examples like car loans/leases and mortgage info. Alternative data looks at non-traditional proof-points like social media, travel, and open banking for a more holistic view of creditworthiness.
It can be very difficult for new-to-credit consumers (recent immigrants, students, new graduates) or those who are thin-filed to generate a traditional credit score decent enough for loan approval (including mortgages, vehicle financing, and personal loans). Using alternative data sources enables a more holistic view of a consumer’s creditworthiness, allowing you to say yes to more customers without increasing your risk.
Alternative data is not just for loan origination/credit decisioning – it can be used in onboarding to simplify the customer experience and create a more personalized offer, as well as improving fraud detection and prevention. It can also be used to identify life events that trigger new financial needs (buying a home, becoming a parent, graduating college, rising income) and allow you to tailor financial products according to personalized needs, at the right time.
Our global data platform makes us unique. Our results make you stand out.
Companies like you choose Provenir
GM Financial
GM Financial wanted to bring new auto lending and leasing products to market more quickly, paving the road for smoother loan origination processes. Provenir was there to help.
Klarna
BNPL provider Klarna needed to replace legacy technology with real-time risk decisioning and business analytics designed to keep up with shopper demand. Provenir provided the framework to get there.
Bigbank
Bigbank needed better credit and lending products that led to better customer experiences. That meant leaving outdated technology behind for a unified platform. That’s where Provenir came in.
“Provenir enables topi to have instant credit decisions while providing a highly flexible and scalable platform geared towards risk decisions in the digital age.”
Luke Churchyard, Chief Risk Officer
“Provenir empowers the Telia Finance team to create and change credit offerings independently, process customer applications in seconds, and easily integrate to multiple data sources for better quality decisioning.”
Fredrik Nilsson, Credit Manager, Telia
“We have deep insight into every application and contract as we can instantly get real-time information whenever we need it.”
Jeff Lively, VP of Dealer Services, GM Financial
“The flexibility of Provenir allows us to create our own risk decisioning workflows that can easily connect with any data source.”
Andy Dodd, Managing Director, Novuna Capital
“It’s not always easy to describe a decisioning platform as both user-friendly and high-performance, yet Provenir was able to deliver on both. Provenir enables our team to make critical changes on the fly, which supercharged our ability to handle the ever-changing business requirements.”
Caroline Zhu, Senior Manager, Risk & Decision Analytics
“The flexibility and ease of use of the Provenir platform allowed us to complete a very complex project in record time with nearly half as many resources and over a 50% cost reduction.”
Adam Colclasure, Senior Director, Risk Infrastructure
