Skip to main content

Industry: Financial Services

The Changing Economic Landscape & Its Impact on Financial Services

EBOOK

The Changing Economic Landscape & Its Impact on Financial Services

Provenir Perspectives from Around the World

The economy is a hot topic, with signs of uncertainty in almost all regions globally. And this economic uncertainty has a noticeable impact on the way financial institutions make decisions and offer products and services to their customers.

Read the eBook to see what Provenir experts from around the world see happening with the economy now, what lies ahead, and the impact this will have on financial services and lending.

Knowledge is power

Do you have the right data to make informed risk decisions, even in the face of economic uncertainty?

Meet Provenir Data

RESOURCE LIBRARY

ken lee blog post
Blog ::

Driving Intelligent Lending Beyond th...

Driving Intelligent Lending Beyond the LOS: A Leadership Perspective from ...
sophia podcast
Podcast ::

Multi-Faceted Fraud Response Strategi...

Multi-Faceted Fraud ResponseStrategies for Financial Services Our VP of Product ...
ryt bank PR
News ::

Ryt Bank, The World’s First AI-Powere...

Ryt Bank, The World’s First AI-Powered Bank, Selects Provenir for ...
Forrester
News ::

Provenir Named a Strong Performer in ...

REPORT Provenir Named a Strong Performer in Debut Inclusion in ...
Forrester
News ::

Forrester Wave 2025 PR

Provenir Named a Strong Performer in 2025 AI Decisioning Platforms ...
Maslow
Event ::

Navigating South Africa’s Debt Crisis...

Navigating South Africa’s Debt Crisis: Strategies for Recovery and Engagement ...
fraud alert
Webinar ::

Stop Fraudsters in Their Tracks – Bef...

Stop Fraudsters in Their Tracks – Before They Strike Watch ...
Enabling Responsible Growth and Customer Trust in Malaysia’s Digital Lending Landscape through Data-Driven Insights
Event ::

Enabling Responsible Growth and Custo...

ProvenirNext Roundtable Enabling Responsible Growth and Customer Trust in Malaysia’s ...

Continue reading

Financial Inclusion: How Data Can Expand Opportunities for the Unbanked

ON-DEMAND WEBINAR

Financial Inclusion:
How Data Can Expand Opportunities for the Unbanked

Book a Meeting

Addressing financial inclusion is a priority for many fintechs and financial services providers.

Today, 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.

A major issue hindering access to credit lies in the limited types of traditional data typically used in credit scoring and risk profiles. To make financial services available to the unbanked and underbanked population, alternative data provides new insights to support credit decisions while also detecting fraud.

How can fintechs and financial services providers begin this journey to remove barriers to financial inclusion and expand their potential audiences? By pioneering accessible data and open APIs to provide credit decisions and prevent identity fraud in fast, instantaneous actions, banks can begin to lift the unbanked out of financial exclusion.

Join our panel of industry experts as they discuss the following areas:

  • How does the current approach to determining risk profiles impact the unbanked population?
  • What steps can financial institutions and fintechs take to be more financially inclusive and expand their addressable market?
  • What is the role of data in expanding financial inclusivity.
  • How can other forms of financial technology be used to open opportunities for consumers with growing portfolios?

Speakers:

  • Kathy Stares

    Executive Vice President, North America, 

  • Danielle Treharne

    Commissioner, UK Financial Inclusion Commission

Moderator:

Jane Cooper

Researcher, Finextra


RESOURCES

Continue reading

The History of Credit Scores: Infographic

INFOGRAPHIC

The History of Credit Scores

The term ‘credit score’ is often thrown around when it comes to financial services and products, but what does it really mean?

There’s a lot to know about how credit scores impact the way the average person goes about their day-to-day life. Whether you’re signing up for your first credit card or looking to apply for a mortgage, your credit score plays a huge role in determining whether you’ll be able to achieve some of your financial goals. 

Something just as important – and a term as equally thrown around – is a credit report. Your credit report determines how much interest you’ll have to pay back on loans, credit cards, and mortgages and whether you’ll be approved for them in the first place. 

Credit scores and reports as we know them have only been around for a few decades but are part of a long history of merchants, lenders, and decision engines. Here, Provenir explores when credit scores were invented, how they’re calculated, and how consumer credit reporting works, so you can know more about your money. 

Read on for your no-nonsense guide to all things credit.

When were credit scores invented and how does credit scoring work?

Read the Blog

RESOURCE LIBRARY

ken lee blog post
Blog ::

Driving Intelligent Lending Beyond th...

Driving Intelligent Lending Beyond the LOS: A Leadership Perspective from ...
sophia podcast
Podcast ::

Multi-Faceted Fraud Response Strategi...

Multi-Faceted Fraud ResponseStrategies for Financial Services Our VP of Product ...
ryt bank PR
News ::

Ryt Bank, The World’s First AI-Powere...

Ryt Bank, The World’s First AI-Powered Bank, Selects Provenir for ...
Forrester
News ::

Provenir Named a Strong Performer in ...

REPORT Provenir Named a Strong Performer in Debut Inclusion in ...
Forrester
News ::

Forrester Wave 2025 PR

Provenir Named a Strong Performer in 2025 AI Decisioning Platforms ...
Maslow
Event ::

Navigating South Africa’s Debt Crisis...

Navigating South Africa’s Debt Crisis: Strategies for Recovery and Engagement ...
fraud alert
Webinar ::

Stop Fraudsters in Their Tracks – Bef...

Stop Fraudsters in Their Tracks – Before They Strike Watch ...
Enabling Responsible Growth and Customer Trust in Malaysia’s Digital Lending Landscape through Data-Driven Insights
Event ::

Enabling Responsible Growth and Custo...

ProvenirNext Roundtable Enabling Responsible Growth and Customer Trust in Malaysia’s ...

Continue reading

4 Ways to Boost Hyper-Personalization for Financial Services

NEWS

4 Ways to Boost Hyper-Personalization
for Financial Services

Many established financial services organizations struggle to provide the hyper-personalization today’s consumers demand. In this CMSWire feature, Kathy Stares, Executive Vice President, North America for Provenir joins other experts in offering insights on tapping into and improving those hyper-personalized experiences.

Read Now

Ten Companies Using Alternative Data for the Greater Good

Read the Blog


LATEST NEWS

Continue reading

Provenir Expands Presence in Middle East and Africa with New Prominent Appointment

NEWS

Provenir Expands Presence in Middle East and Africa with New Prominent Appointment

Industry veteran appointed to meet growing demand for its products and services

Parsippany, NJ — Sept. 21, 2022 — Provenir, a global leader in AI-powered risk decisioning software, today announced today that Adrian Pillay has joined as Vice President of Sales for Middle East and Africa as part of the company’s expanding investment in the region to meet growing demand for its AI-driven risk decisioning platform.

Adrian brings more than 20 years of experience implementing successful go-to-market strategies and building key partnerships in numerous financial markets. He has served in a variety of leadership roles at FICO, TransUnion, Experian, Dun & Bradstreet and Accenture. Adrian joins existing sales associates Elias Gitau and Tatenda Nigel Chinodakufa and is quickly building out a broader sales and go to market team to service the region. 

“The number of fintechs in Africa is exploding with thousands being set up every year,” said Geoff Miller, Chief Commercial Officer for Provenir. “These fintechs are raising record investments as they seize the opportunity to provide a more responsive customer experience. According to McKinsey, nearly two-thirds of Africa’s 1.3 billion people do not have a bank account or full access to financial services, and 90% of all transactions on the continent are still cash-based. The opportunity to provide digital finance to this underserved population is enormous, and Provenir’s AI-powered decisioning platform can quickly help fintechs extend financial services to previously unbanked individuals.”

Nigerian consumer fintech company Carbon is leveraging Provenir’s technology to bring transformative change to the payments industry in Africa. “Delivering on customer expectations and providing a superior experience that is safe and reliable is a key priority. Partnering with Provenir allows us to give customers greater access to credit and quality financial services and we look forward to helping reshape the overall payment experience,” said Ngozi Dozie, Co-founder of Carbon.

Commenting on his appointment, Adrian said: “This is a time of unprecedented growth and disruption across the Middle East and Africa and Provenir has a very compelling solution that fits perfectly in this landscape. I am excited to join the company and help the team meet the growing demand for AI-driven risk decisioning solutions.”

Provenir’s industry-leading AI-Powered Decisioning Platform uniquely combines universal access to data, simplified AI, and sophisticated decisioning technology. This provides a cohesive risk ecosystem to enable smarter decisions across the entire customer lifecycle – with diverse data for deeper insights, optimized decisions, and a continuous feedback loop for constant improvement.

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

The Fintech Times: What is Holding Back Financial Inclusion?

NEWS

The Fintech Times:
What is Holding Back Financial Inclusion?

Financial inclusion and financial capability continue to be top priorities for global governments and financial services providers. Kim Minor, Senior vice President, Global Marketing for Provenir, shares her perspective on the role data and AI can play in closing the gap to inclusive finance.

Read Now

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

Driving Growth in an Economic Slowdown

ON-DEMAND WEBINAR

Driving Growth
in an Economic Slowdown

Book a Meeting

Hear from Provenir and TransUnion Experts

The Canadian economic landscape has changed dramatically this year. Recent increases in inflation and interest rates have driven uncertainty and volatility into the market and fraudsters are growing more and more sophisticated – digital fraud attempts rose a whopping 218% in Canadian financial services from late 2021 to early 2022. On the flip side, unemployment is at its lowest rate in decades and immigration hit an all-time high in 2021, opening up more opportunities to extend credit.

Watch now aas leaders from TransUnion and Provenir share their outlook on the current state of the Canadian economy and discuss how lenders can use data and AI to become more agile in meeting customers’ needs and capitalize on growth opportunities, while efficiently mitigating risks.

Tune in to:

  • Discover strategies needed to quickly react to changing market dynamics
  • Identify opportunities for growth through financial inclusivity
  • Understand how data can be used for growth as well as risk management
  • Learn about new trends in fraud and how to mitigate business exposure

Speakers:

  • Matt Fabian

    Director, Financial Services Research and Consulting, TransUnion Canada

  • Cheryl Woodburn

    Country Manager, Canada, Provenir


RESOURCES

Continue reading

Infographic: Driving Instant Risk Decisions for SME Lending

INFOGRAPHIC

Driving Instant Risk Decisions for SME Lending

How to Accelerate Your SME Lending Process

Despite SMEs representing an overwhelming majority of businesses (and jobs) globally, they struggle to gain access to credit. Fintechs are rising to the SME lending challenge, with automated risk decisioning technology that provides instant approvals and speeds up funding from 10+ weeks to only HOURS. Is your decisioning tech up for the challenge?

Read the infographic to learn more on moving your SME lending process into the fast lane.

Need more info on how to drive real-time approvals for SME lending?

Download the eBook


LATEST BLOGS

Continue reading

SME Lending: The Road To Real-Time Approvals

SME Lending: The Road to Real-Time Approvals

How to Build World-Class SME Lending Experiences
Thirty-two percent of SMEs now work with online lenders for business credit. Convenience, efficiency and the ability to get rapid approvals make working with digital lenders an obviously attractive choice. If you aren’t making it easy for SMEs to get the credit they need, your competitors will.
Discover how to:
  • Power quick and easy applications
  • Automate processes for real-time approvals
  • Lower the cost of loan origination
  • Use predictive analytics to keep risk in check
Check out the eBook and learn how to accelerate your SME lending and pave the way for world-class lending experiences.

Learn More

RESOURCE LIBRARY

ken lee blog post
Blog ::

Driving Intelligent Lending Beyond th...

Driving Intelligent Lending Beyond the LOS: A Leadership Perspective from ...
sophia podcast
Podcast ::

Multi-Faceted Fraud Response Strategi...

Multi-Faceted Fraud ResponseStrategies for Financial Services Our VP of Product ...
ryt bank PR
News ::

Ryt Bank, The World’s First AI-Powere...

Ryt Bank, The World’s First AI-Powered Bank, Selects Provenir for ...
Forrester
News ::

Provenir Named a Strong Performer in ...

REPORT Provenir Named a Strong Performer in Debut Inclusion in ...
Forrester
News ::

Forrester Wave 2025 PR

Provenir Named a Strong Performer in 2025 AI Decisioning Platforms ...
Maslow
Event ::

Navigating South Africa’s Debt Crisis...

Navigating South Africa’s Debt Crisis: Strategies for Recovery and Engagement ...
fraud alert
Webinar ::

Stop Fraudsters in Their Tracks – Bef...

Stop Fraudsters in Their Tracks – Before They Strike Watch ...
Enabling Responsible Growth and Customer Trust in Malaysia’s Digital Lending Landscape through Data-Driven Insights
Event ::

Enabling Responsible Growth and Custo...

ProvenirNext Roundtable Enabling Responsible Growth and Customer Trust in Malaysia’s ...

Continue reading

Redefining Intelligent Financial Services

ON-DEMAND WEBINAR

Redefining Intelligent
Financial Services

Book a Meeting

Join the conversation during our monthly fireside chat with a panel of industry experts as they discuss their best practices and experiences while answering your questions on hot topics that matter to you.

No PowerPoints. No scripts. No sales pitches.

Our first session will feature a discussion between Flinks and Provenir on how intelligent financial services have evolved—and where they’re going next.

In this session, you’ll learn:

  • What are intelligent financial services?
  • What are industry leaders doing differently?
  • How are leaders redefining the industry?
  • Three key considerations in credit decisioning.


RESOURCES

Continue reading