NEWS

The US FinTech Awards 2022 celebrate the fintech market, and the achievements and successes of the country’s best and brightest fintech companies, products, teams, and individuals

Parsippany, NJ — Sept. 6, 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 of the Year” category and “Data Initiative of the Year” category for the US FinTech Awards 2022.

Winners will be announced during a live streaming awards ceremony at 4 p.m. ET on Sept. 15. To register for the awards ceremony, please visit: User Registration – US FinTech Awards.

Now in its second year, the US FinTech Awards promises to be the 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 finalist for both ‘FinTech of the Year’ and ‘Data Initiative of the Year’, underscoring the significance of smarter, scalable risk decisioning that fintechs and financial services providers need to remain relevant and competitive,” said Kathy Stares, Executive Vice President, North America, at Provenir. “Provenir’s AI-Powered 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 – allowing organizations to stay focused on innovation and the 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, all via a centralized, no-code platform.

The solution empowers fintechs and financial services organizations to unlock the true value of data, combining universal data access through the Provenir Marketplace 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.

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The company is distinguished as a finalist in the Credit Awards, celebrating innovation and best practices in the credit and financial services industry

Parsippany, NJ — May 18, 2022 — Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it has been named finalist in the “Best Technology Provider – Data & Analytics” category for the Credit Strategy Credit Awards 2022.

The Credit Awards, known as ‘the Oscars of the industry,’ recognize and celebrate innovation, best practice and the hard work of individuals, business divisions and pan-global conglomerates across the entire industry.

Winners will be unveiled at the Credit Awards ceremony on June 29 at the Grosvenor House Hotel in London.

“Provenir is honored to be named a finalist in the ‘Best Technology Provider – Data & Analytics category,’ as our customers gain a decisive industry advantage by harnessing the power of Provenir’s data marketplace, purpose-built machine learning models, and on-demand decisioning,” said Frode Berg, Managing Director, EMEA for Provenir. “Designed to drive business growth, our platform enables financial institutions to rapidly overcome the challenges that hold them back such as data access and integration, AI deployment and decisioning automation.”

Provenir’s industry-leading AI-Powered Decisioning Platform is data fueled and AI driven for smarter risk decisioning. The solution, managed through a single UI, empowers organizations to innovate further and faster than ever before, driving the continuous optimization they need to power growth and agility, without increasing risk.

With the unique combination of universal access to data through the Provenir Marketplace, simplified AI and world-class decisioning technology, Provenir provides a cohesive risk ecosystem to enable smarter decisions across the entire customer lifecycle –offering 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

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.

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., 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.”

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.

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

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Provenir helps fintechs, financial institutions, and payment providers make smarter decisions faster by simplifying the risk decisioning process

PARSIPPANY, NJ – Oct. 6, 2021 – Provenir, a global leader in data analytics software and risk decisioning, today announced it has been selected to the 2021 Credit & Collections Technology Awards shortlist in the “Credit Risk Solution” category.

The Credit & Collections Technology Awards highlight the success of companies and individuals who lead the way in enhancing credit and collections technology. The 2021 winners will be announced on Nov. 4.

Provenir’s flagship product, Provenir AI-Powered Risk Decisioning Platform, is the industry’s first, true risk-decisioning ecosystem. It provides a comprehensive real-time view of unified decisioning performance, third-party and historical data, as well as automated analytics. Through one unified digital experience offering four cloud products — decisioning, data, insights and solutions —users can create the platform-as-a-service cloud solution that best fits their business needs.

The suite also includes the Provenir Marketplace, a one-stop data hub for easy access to data covering open banking, KYC/KYB, fraud prevention, credit risk, verifications, social media, collections, affordability and more. With fully maintained API connections to all data providers and a no-code interface, users can easily connect to new data sources in minutes and test data across their decisioning processes.

“To be named to the 2021 Credit & Collections Technology Awards shortlist is a testament to our team’s innovation and forward-thinking approach to developing unparalleled risk decisioning solutions,” said Larry Smith, Founder and CEO of Provenir. “Customers are demanding immediacy in all interactions so having real-time decisioning capabilities is critical. Our solutions combine easy access to real-time data and advanced analytics so clients can make instant decisions with confidence.”

To learn more about the Provenir AI-Powered Risk Decisioning Platform, please visit Provenir.com

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

NEWS

The Inc. 5000 list ranks the most successful private companies demonstrating standout growth

Parsippany, NJ, Aug. 17, 2021– Provenir,  a global leader in risk decisioning and data analytics software, today announced it has been named to the Inc. 5000 list, Inc. Magazine’s annual ranking of the fastest-growing private U.S. companies based on company revenues over the past three years. Provenir is one of only 572 software companies included in this year’s list.

In 2020 alone, revenue for Provenir’s software-as-a-serve (SaaS) solutions increased 25 percent year-over-year, driven by a 22 percent increase in its customer base of disruptive financial services companies, and its increasing presence in the Buy Now Pay Later (BNBL) and challenger bank markets. The company also expanded into new geographic markets including Latin America, UAE, and Asia, and now serves clients in more than 40 countries worldwide.

For those companies included in the Inc. 5000 this year, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Collectively, those companies added more than 610,000 jobs to the economy over the past three years.

“Provenir is honored to be included in this prestigious list of companies that are driving innovation and change to be leaders in their respective markets,” said Larry Smith, founder and CEO, Provenir. “We are proud of our growth over the past three years in both new customers and expansion into new markets to meet the burgeoning need for real-time risk decisioning solutions.”

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” said Inc. Editor-in-Chief Scott Omelianuk. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

Provenir’s technology enables fintechs, financial institutions, and payment providers to easily design, build, and deploy solutions to solve complex business challenges such as digital onboarding, retail financing, Buy Now Pay later (BNPL) approvals, SME lending, insurance, credit card management, eCommerce, eWallet, digital banking, alternative data and fraud. Its flagship product, the Provenir AI-Powered Risk Decisioning Platform, is a cloud-native data, decisioning and analytics platform, providing one unified digital experience powering four cloud products — decisioning, data, insights, and solutions — enabling users to create the platform-as-a-service cloud that best fits their needs.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

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

NEWS

The Provenir AI-Powered Risk Decisioning Platform is an industry leading credit decisioning SaaS offering that automates the entire credit lifecycle for financial institutions

Parsippany, NJ, July 27, 2021– Provenir, a global leader in risk decisioning and data analytics software, today announced that it has been named a finalist for the the 2021 SaaS Awards Program in the “Best SaaS Product for Financial Services” category.

Final SaaS Awards winners will be announced on Aug. 31.

Provenir’s technology enables fintechs, financial institutions, and payment providers to easily design, build, and deploy solutions to solve complex business challenges such as digital onboarding, retail financing, Buy Now Pay later (BNPL) approvals, SME lending, insurance, credit card management, eCommerce, eWallet, digital banking, alternative data and fraud. 

The Provenir AI-Powered Risk Decisioning Platform, a cloud-native data, decisioning and analytics solution, provides one unified digital experience powering four cloud products — decisioning, data, insights, and solutions — enabling users to create the platform-as-a-service cloud that best fits their needs. It’s a no code, cloud-agnostic data science platform that supports a wide range of AI and machine learning capabilities that business users can use to develop automated decisioning workflows across the entire customer lifecycle with real time business insights.

“It is an honor to be a finalist for the SaaS Awards, which recognizes our team’s innovation in developing SaaS technologies,” said Larry Smith, founder and CEO, Provenir. “Our SaaS solutions help customers realize shorter implementations and lower upfront expense resulting in a faster ROI and a lower ongoing cost of ownership. We see continued rapid transition to the cloud combined with the need for a rich customer experience driving increased adoption of our capabilities.”

“The shortlisted candidates announced today have made it through that first round and represent truly innovative thinkers in the SaaS industry, whether they’re freshly-funded disruptors or established names,” said James Williams, head of operations, SaaS Awards. “Just as SaaS technologies have been vital in pivoting organizational functions to respond to global crises, they will be essential as we look forward to returning to normal levels of productivity.”

About Provenir

Provenir helps fintechs, financial institutions, and payment providers make smarter decisions faster by simplifying the risk decisioning process. Its no-code, cloud-native SaaS products make it easy to rapidly create sophisticated decisioning workflows. With a global data marketplace for seamless integration, powerful AI and machine learning models, and real-time insights, Provenir has supercharged decisioning speed. Provenir works with disruptive financial services organizations in more than 33 countries and processes more than 2 billion transactions annually.

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