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Industry: Decisioning

A Microservices Architecture in Financial Services

WHITEPAPER

A Microservices Architecture
in Financial Services

Is your financial institution making the move to microservices?

e Microservices concept presents itself as the fulfillment of Service Oriented Architecture’s (SOA) loosely coupled promise – the answer to your development woes. Is it really a silver bullet, or should we tread cautiously?

This nine-page overview of microservices illuminates the architectural concept through the perspective of its:

  • Context
  • Advantages
  • Challenges

Download the whitepaper to gain a foundational understanding of the architectural trend in the financial services industry, and to pick up a stellar visual comparison of Microservices vs. Monolith from page 3.

RESOURCE LIBRARY

Breaking BaaS: Keeping The Sponsor Bank-Fintech Relationship On The Straight And Narrow By Taking a Page From Franchising
Blog, Banking /

Breaking BaaS: Keeping The Sponsor Ba...

The financial services industry is undergoing a profound transformation, with technology-driven innovations ... Read More →
Islamic Banking and Financial Services: Where Tradition Meets Innovation
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Islamic Banking and Financial Service...

Islamic banking blends traditional principles with modern financial practices, presenting unique challenges ... Read More →
What Should We Expect to See From Embedded Finance in 2024?
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What Should We Expect to See From Emb...

Embedded finance is transforming the financial industry by integrating services into non-financial ... Read More →
Provenir Appoints Kris Emerton-Jones as Sales Director, APAC
News, Provenir /

Provenir Appoints Kris Emerton-Jones ...

Provenir has appointed Kris Emerton-Jones as the new Sales Director for APAC, ... Read More →
Provenir Announces Successful Completion of SOC 2 Type II Assessment for Information Security Practices
News, Provenir /

Provenir Announces Successful Complet...

Provenir, a leader in AI-powered risk decisioning software, has successfully completed its ... Read More →
Provenir AI Shrinks the Cost, Complexity and Time-to-Market for Smarter Financial Services Risk Decisioning
News, Financial Services /

Provenir AI Shrinks the Cost, Complex...

NEWS Provenir AI Shrinks the Cost, Complexity and Time-to-Market for Smarter Financial ... Read More →
On-Demand: How Banks Are Approaching Innovative Consumer Lending In 2024 – Europe
Webinar, Consumer Lending /

On-Demand: How Banks Are Approaching ...

ON-DEMAND WEBINAR How Banks Are ApproachingInnovative Consumer Lending In 2024 – Europe ... Read More →
Industry Comment: What Does the EU’s AI Act Mean for its Development?
News, AI /

Industry Comment: What Does the EU’s ...

The EU has enacted groundbreaking AI legislation, positioning itself as the second ... Read More →
Provenir: Intelligent Decisioning for Acquiring Customers and Optimizing Lifetime Value
Data Sheet, Customer Mgmt /

Provenir: Intelligent Decisioning for...

DATA SHEET Provenir: Intelligent Decisioningfor Acquiring Customers and Optimizing Lifetime Value Flexible ... Read More →
Provenir Congratulates Customer NewDay on 2024 FStech Award Win
News, Customers /

Provenir Congratulates Customer NewDa...

NEWS Provenir Congratulates Customer NewDayon 2024 FStech Award Win Pioneering leader in consumer ... Read More →
Carbon’s Ceci López and Kike Fashola Are Banking on Nigerian Fintech Innovation
Podcast, Banking, Fintech /

Carbon’s Ceci López and Kike Fashola ...

Carbon’s Ceci López and Kike Fashola Are Banking on Nigerian Fintech Innovation ... Read More →
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NatWest ‘Plans’ to Shut Down BNPL Off...

The rapid rise and subsequent struggles of Buy Now, Pay Later (BNPL) ... Read More →
Remaining Relevant: Move Now to Tap Into These Top 10 Mega Banking Trends
News, Banking /

Remaining Relevant: Move Now to Tap I...

Kathy Stares, Executive Vice President-North America at Provenir, discusses the 10 mega ... Read More →
The Fintech Sentiment: How is fintech embracing gender equity on IWD 2023?
News, Fintech /

The Fintech Sentiment: How is fintech...

In this Finextra article for International Women's Day 2023, Kim Minor, Senior ... Read More →
Lending to Live: Navigating the Cost of Living Crisis for Lenders in the UK
Blog, Loans, SME Lending /

Lending to Live: Navigating the Cost ...

As the cost-of-living crisis in the UK intensifies, consumers are struggling to ... Read More →

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CRO’s Guide to Machine Learning

WHITEPAPER

CRO’s Guide to Machine Learning

Speak ‘Machine Learning’

As Chief Risk Officer, your job is not to know the ins and outs of Machine Learning. Your job is to responsibly manage risk.

However, according to McKinsey, Machine Learning “improves the accuracy of risk models by identifying complex, nonlinear patterns in large data sets” and it is one of the top trends in risk management1.  So, you should probably understand the basics.

This paper guides you through the technical foundation of Machine Learning — not why you should leverage it’s power, but how it works. You’ll gather key talking points to kickstart ML initiatives in your organization.

RESOURCE LIBRARY

Breaking BaaS: Keeping The Sponsor Bank-Fintech Relationship On The Straight And Narrow By Taking a Page From Franchising
Blog, Banking /

Breaking BaaS: Keeping The Sponsor Ba...

The financial services industry is undergoing a profound transformation, with technology-driven innovations ... Read More →
Islamic Banking and Financial Services: Where Tradition Meets Innovation
Blog, Banking /

Islamic Banking and Financial Service...

Islamic banking blends traditional principles with modern financial practices, presenting unique challenges ... Read More →
What Should We Expect to See From Embedded Finance in 2024?
News, Financial Services /

What Should We Expect to See From Emb...

Embedded finance is transforming the financial industry by integrating services into non-financial ... Read More →
Provenir Appoints Kris Emerton-Jones as Sales Director, APAC
News, Provenir /

Provenir Appoints Kris Emerton-Jones ...

Provenir has appointed Kris Emerton-Jones as the new Sales Director for APAC, ... Read More →
Provenir Announces Successful Completion of SOC 2 Type II Assessment for Information Security Practices
News, Provenir /

Provenir Announces Successful Complet...

Provenir, a leader in AI-powered risk decisioning software, has successfully completed its ... Read More →
Provenir AI Shrinks the Cost, Complexity and Time-to-Market for Smarter Financial Services Risk Decisioning
News, Financial Services /

Provenir AI Shrinks the Cost, Complex...

NEWS Provenir AI Shrinks the Cost, Complexity and Time-to-Market for Smarter Financial ... Read More →
On-Demand: How Banks Are Approaching Innovative Consumer Lending In 2024 – Europe
Webinar, Consumer Lending /

On-Demand: How Banks Are Approaching ...

ON-DEMAND WEBINAR How Banks Are ApproachingInnovative Consumer Lending In 2024 – Europe ... Read More →
Industry Comment: What Does the EU’s AI Act Mean for its Development?
News, AI /

Industry Comment: What Does the EU’s ...

The EU has enacted groundbreaking AI legislation, positioning itself as the second ... Read More →
Provenir: Intelligent Decisioning for Acquiring Customers and Optimizing Lifetime Value
Data Sheet, Customer Mgmt /

Provenir: Intelligent Decisioning for...

DATA SHEET Provenir: Intelligent Decisioningfor Acquiring Customers and Optimizing Lifetime Value Flexible ... Read More →
Provenir Congratulates Customer NewDay on 2024 FStech Award Win
News, Customers /

Provenir Congratulates Customer NewDa...

NEWS Provenir Congratulates Customer NewDayon 2024 FStech Award Win Pioneering leader in consumer ... Read More →
Carbon’s Ceci López and Kike Fashola Are Banking on Nigerian Fintech Innovation
Podcast, Banking, Fintech /

Carbon’s Ceci López and Kike Fashola ...

Carbon’s Ceci López and Kike Fashola Are Banking on Nigerian Fintech Innovation ... Read More →
News, BNPL /

NatWest ‘Plans’ to Shut Down BNPL Off...

The rapid rise and subsequent struggles of Buy Now, Pay Later (BNPL) ... Read More →
Remaining Relevant: Move Now to Tap Into These Top 10 Mega Banking Trends
News, Banking /

Remaining Relevant: Move Now to Tap I...

Kathy Stares, Executive Vice President-North America at Provenir, discusses the 10 mega ... Read More →
The Fintech Sentiment: How is fintech embracing gender equity on IWD 2023?
News, Fintech /

The Fintech Sentiment: How is fintech...

In this Finextra article for International Women's Day 2023, Kim Minor, Senior ... Read More →
Lending to Live: Navigating the Cost of Living Crisis for Lenders in the UK
Blog, Loans, SME Lending /

Lending to Live: Navigating the Cost ...

As the cost-of-living crisis in the UK intensifies, consumers are struggling to ... Read More →

Continue reading

Provenir Extends Its Platform to Support Python

NEWS

Provenir Extends Its Platform to Support Python

Pre-integration with the powerful programming language will make it even easier to operationalize complex credit risk models – with added artificial intelligence (AI).

New York, NY –  Date February 2018 – Provenir has expanded its risk analytics and decisioning platform to support the increasingly popular programming language Python. The platform’s new pre-built connectivity with Python will ultimately help data scientists and risk professionals create more sophisticated statistical models at higher speeds – using AI to drive faster, more reliable credit risk decisions.

Python is a powerful, interpretive language based on open source software, with access to an ever-widening range of algorithms and data libraries. Its speed, flexibility, stability and ease of integration with almost any information source have made it today’s go-to tool for data scientists. And because it works so well with AI, Python enables you to build self-sufficient models that process historical data, bringing new levels of machine learning to risk decisioning.

“Our platform’s pre-integration with Python opens exciting new possibilities for developing and operationalizing credit risk models,” says Paul Thomas, Managing Director at Provenir. “In the lending space, non-linear models with a greater number and variety of data variables can gain a more accurate picture of prospective customers – and potentially reach new demographics without increasing credit risk. When accessed through Provenir, Python’s power, flexibility and AI capabilities will help providers bring such complex risk analytics to market more quickly.”

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Dun & Bradstreet Partners With Provenir To Deliver Next Generation Risk Decisioning Solutions

NEWS

Dun & Bradstreet Partners With Provenir To Deliver Next Generation Risk Decisioning Solutions

Dun & Bradstreet, pioneering Smart Data to enable customers to make smart decisions, announces a partnership with Provenir, a provider of global real-time, risk decisioning solutions. The collaboration paves the way for innovative, real-time risk decisioning services for European businesses.

In search of growth and cost efficiency, companies in Europe seek solutions to optimize their credit risk processes. Agile solutions that can respond quickly to rapid and on-going business and regulatory changes are vital. Dun & Bradstreet has a long history in delivering decision-making platforms to help businesses automate processes and make data-driven decisions. The partnership with Provenir empowers the next generation of solutions, using the Provenir Risk Analytics and Decisioning Platform.

“We are committed to providing the best information management, data analytics and risk solutions to our clients,” said Anders Borg, Chief Strategy Officer of Dun & Bradstreet. Borg continues, “The Dun & Bradstreet partnership with Provenir is a strategic initiative which will enable us to build more flexible, scalable and integrated solutions. This will provide business users the ability to create, change and implement data sources, business rules and risk models within minutes. It is the latest example of how we at Dun & Bradstreet are committed to providing an improved customer experience with automated risk decisioning.”

Provenir helps companies implement innovative business processes which improve customer experience and accelerate time to market.  The Provenir solution simplifies the collection and enrichment of structured and unstructured data, enabling data and risk analytics to be performed in real-time.

“We’re very excited to partner with Dun & Bradstreet and support their plans for automated risk decisions and analytics within their portfolio of client offerings,” said Paul Thomas, Managing Director, Provenir. “Provenir’s risk decisioning platform is model, data and technology agnostic, making it highly flexible for Dun & Bradstreet’s purposes. We’re looking forward to working together to deliver great solutions to Dun & Bradstreet’s customer base.”

About Provenir

Provenir makes risk analytics faster and simpler for financial institutions. Our Provenir risk analytics and decisioning platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. We help clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning, serving clients across a broad range of financial verticals including consumer, commercial, cards, payments, ecommerce and auto financing. Provenir is headquartered in Parsippany, New Jersey with UK operations in London and Leeds.

About Dun & Bradstreet

Dun & Bradstreet is a leading European Data & Analytics company. We help companies to find and manage their customers throughout the customer lifecycle. We do that by pioneering Smart Data to enable our customers to make Smart Decisions. We employ 2,400 people in 18 countries and are headquartered in Stockholm, Sweden.

The Ultimate Guide to Decision Engines

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

Learn More


LATEST NEWS

Continue reading