NEWS

The US Fintech Awards 2023 celebrate the fintech market, and the achievements and successes of the country’s best and brightest fintech companies, products, teams, and individuals

Parsippany, NJ – August 22, 2023 – Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named a finalist in the “Fintech of the Year” and “Data Initiative of the Year” categories for the US Fintech Awards 2023.

This marks the second year back-to-back that Provenir has been named finalist in both categories for the US Fintech Awards. The US Fintech Awards is a key benchmark by which financial services modernization and technological progress in the world’s premier financial services center are judged. The awards program is organized by FinTech Intel, the global market intelligence platform for financial services technology.

“Provenir is honored to be named a two-time finalist for both ‘Fintech of the Year’ and ‘Data Initiative of the Year,’ for the US Fintech Awards which honors the most innovative fintech companies and individuals in the United States of America,” said Kathy Stares, Executive Vice President for North America, Provenir. “In today’s fintech market, there exists tons of data – often residing in siloed environments – making it difficult to access and costly to integrate into credit decisioning. Provenir brings together the power of decisioning, data and AI to drive instant decisions, foster financial inclusion, reduce risk and prevent fraud.”

A key tenet of the Provenir AI-Powered Risk Decisioning Platform is Provenir Data. Provenir Data is a global data and intelligence platform that makes accessing data fast and easy. Through a single API, it brings together a curated range of data and data solutions known as the Provenir Marketplace.

The Provenir Marketplace, which includes more than 100 data partners, is a comprehensive fintech data and intelligence ecosystem covering the whole customer lifecycle with data types such as identification, AML, document verification, open banking, PEPs/sanctions, bureau data, mobile data, email data, device verification, facial biometrics, and social media validation.

Winners of the US Fintech Awards 2023 will be unveiled during the Nov. 2 awards ceremony at The Edison Ballroom in New York City.

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

NEWS

The company’s AI-Powered Data and Decisioning Platform offers a streamlined single point of access to myriad credit bureaus and data sources for more accurate credit decisioning

Parsippany, NJ — June 5, 2023 — Provenir, a global leader in data and AI-powered risk decisioning software, today announced its Data and Decisioning Platform has garnered Banking Tech Awards USA 2023 top honors in the FinTech of the Future – Data & Insights category.

The Banking Tech Awards USA recognizes outstanding achievements in the banking and fintech industry across the United States.

“We are excited and proud to be recognized for our market-changing solutions designed to help financial services providers deliver the best customer experience while minimizing risk and fraud,” said Kathy Stares, Provenir’s Executive Vice President for North America. “With Provenir’s AI-Powered Data and Decisioning Platform, financial institutions gain access to an array of third-party data sources and decisioning expertise on-demand to make more accurate credit decisions in real-time, and without the high-dollar overhead of credit decisioning infrastructure.”  

Provenir’s AI-Powered Data and Decisioning Platform brings together a curated range of data and data solutions covering the whole customer lifecycle with data types such as identification, AML, document verification, open banking, PEPs/sanctions, bureau data, mobile data, email data, device verification, facial biometrics, and social media validation. This data enables businesses to make smarter decisions across key areas such as KYC, origination, credit risk, financial inclusion and fraud.

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

NEWS

Company’s AI-Powered Data and Decisioning Platform delivers a unique combination of decisioning, data, and AI resulting in more accurate, automated risk decisions in the areas of identity, credit and fraud

Parsippany, NJ — April 19, 2023 — Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has been recognized as a finalist for “Best Technology Provider” category in the 2023 Credit Awards.

Known as “the Oscars of the industry,” the Credit Strategy Credit Awards recognize and celebrate innovation, best practice and the hard work of individuals, business divisions and pan-global conglomerates across the industry.

Winners will be unveiled at the May 31 awards ceremony at the Grosvenor House Hotel in London.

“Provenir is honored to be recognized as a leader in the ‘Best Technology Provider’ category as technology innovation has exploded across every part of financial services, creating a customer-first world that demands more from data and timely decisioning,” said Frode Berg, General Manager, Europe, for Provenir. “With Provenir, organizations can access and orchestrate new alternative data sources, glean insights from the data and make more accurate and instant decisioning. The result is more inclusive lending, a superior customer experience and a dynamic fraud mitigation strategy that is a win-win for financial institutions and their customers.”

Provenir’s AI-Powered Data and Decisioning Platform is comprised of three essential components – decisioning, data and AI. The platform provides a cohesive risk ecosystem to enable smarter decisions across the entire customer lifecycle – with diverse data for deeper insights, auto-optimized decisions, and a continuous feedback loop for constant improvement.

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

NEWS

Prestigious International Awards Program Recognizes Outstanding Data Technology Products and Companies

PARSIPPANY, N.J., April 13, 2023 – Provenir, a global leader in data and AI-powered risk decisioning software, today announced that for the second year running, it has been selected as winner of the “Data Solution of the Year for Finance” award in the 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 Data is a global data and intelligence platform that makes accessing data fast and easy. Through a single API, it brings together a curated range of data and data solutions to enable businesses to make smarter risk decisions across identity, fraud and credit. With this solution, users experience simplified data access, fully managed integrations access to a wide variety of traditional and alternative data, and insights to make smarter decisions across the whole customer lifecycle.

Provenir’s breakthrough solution allows financial institutions to access third-party data sources to make accurate credit decisions in real-time without the high-dollar overhead of a credit decisioning infrastructure. This streamlined process enables organizations to simply feed the applicant information into risk models, test the impact of the data of their choosing and receive decisions in real time.

“We are honored to be recognized again as the ‘Data Solution of the Year for Finance’ by Data Breakthrough,” said Larry Smith, Founder and CEO of Provenir. “Provenir provides organizations with access to diverse data for deeper insights, auto-optimized decisions, and a continuous feedback loop for constant improvement both at onboarding when assessing risk and monitoring ongoing transactions for fraud. Banks and fintechs are now empowered to take control of their risk strategy with unified data, artificial intelligence, and decisioning capabilities via a centralized, no-code platform.”

“Data is at the core of today’s digital business and this is especially evident in the financial services market as innovative fintechs and financial institutions are looking beyond traditional data sources,” said James Johnson, Managing Director, Data Breakthrough. “In this new world, to really level-up their decisioning, businesses need more data, automation, sophisticated processes, and forward-looking predictions to break through. With the unique combination of real-time, on-demand data access, machine learning and world-class decisioning technology, Provenir provides a compelling and robust risk ecosystem that enables smarter decisions across identity, fraud, and credit. Congratulations for the second straight year on being our choice for ‘Data Solution of the Year for Finance.”

Now in its fourth year, the annual Data Breakthrough Awards is the premier awards program founded to recognize the data technology innovators, leaders and visionaries from around the world in a range of categories, including Data Analytics, Big Data, Business Intelligence, Data Storage and many more. The 2023 Data Breakthrough Award program attracted more than 2,000 nominations from across the globe.

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

NEWS

Company’s AI-Powered Risk Decisioning Platform recognized in the “Best Smart Banking Tech Solution – AI-Driven Data Insights” category

Parsippany, NJ — Oct. 25, 2022 — Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it has been named a finalist in the “Best Smart Banking Tech Solution – AI-Driven Data Insights” category of the 2022 Fintech Futures Banking Tech Awards.

Winners will be unveiled on Dec. 1 during an awards ceremony at the Royal Lancaster Hotel in London.

The Banking Tech Awards recognize excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen. The awards are owned and produced by FinTech Futures, the definitive source of news and analysis of the global fintech sector.

“Provenir is honored to be named a Banking Tech Awards finalist, recognizing our innovative technology driving the financial services market forward,” said Frode Berg, General Manager, Europe, for Provenir. “Our research has shown that financial services executives see AI-enabled risk decisioning as the cornerstone to improvements in myriad areas. Provenir’s AI-Powered Risk Decisioning Platform delivers a unique combination of data, decisioning and AI that provides the foundation for more accurate, automated risk decisions across the customer lifecycle, resulting in much higher customer engagement.”

Provenir’s industry-leading AI-Powered Decisioning Platform is data-fueled and AI-driven for risk decisioning. The solution empowers financial services organizations to unlock the true value of data, combining universal data access with simplified 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.