Skip to main content

Industry: Provenir

RiskSeal

Partners

RiskSeal

Smart Credit Decisions Through Digital Footprints

Key Benefits

  • Approval Rate Increase. RiskSeal identifies creditworthy borrowers who have no prior credit history. We help fintech companies expand into emerging markets, increasing approval rates by up to 50%.
  • Default Prevention in the Early Stage. RiskSeal reduces default rates by up to 25% by providing actionable insights derived from over 140 social and digital platforms, utilizing more than 300 data points per applicant.

“RiskSeal provides a detailed profile for each applicant, covering their social media and online activities. They also return a very accurate Digital Credit Score. This helps us make informed decisions. Our approval rates increaed by 2x, with a 17% reduction in default rates and a 26% reduction in KYC spending.”

TYMUR BUGAEVSKIY, HEAD OF DATA SCIENCE AT ONCREDIT

Credit Scoring and Risk Assessment Through Digital Footprints

Tailored financial solution. RiskSeal is an exclusive digital credit scoring solution tailored specifically for the financial industry.

Scoring and decision system. Our solution goes beyond simple data enrichment – it’s a complete user scoring and decision-making system.

In-depth digital profile analysis. Using just a user email, phone number, and IP address data, RiskSeal analyzes a customer’s digital footprint and provides their detailed digital profile.

About RiskSeal

  • Services

    • Alternative Data for Credit Scoring
    • Digital Credit Scoring
    • Digital Footprint Analysis
    • Face Recognition
    • Name Intelligence
    • Geolocation Insights
  • Regions Supported

    • Global

Continue reading

Provenir Wins Third Consecutive Data Breakthrough Award

NEWS

Provenir Wins Third Consecutive Data Breakthrough Award

Prestigious International Awards Program Recognizes Outstanding Data Technology Products and Companies

Provenir Honored as Data Solution of the Year for Finance

LONDON April 11, 2024Provenir, a global leader in AI-powered risk decisioning software, today announced 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 has been named the winner of the Data Solution of the Year category for the third year in a row. 

Provenir Data is a fintech data ecosystem purpose built to simplify and advance the data supply chain for financial services providers. With its single API, fully managed pre-built integrations to more than 120 local and global data partners, and business user-friendly interface, Provenir Data makes taking control of an organization’s data strategy fast and simple. 

Financial services providers also benefit from a curated range of richer data sources and insights solutions across identity, fraud, and credit. Curated data means faster access to the right data and data insights at both a regional and global level. With local data sources across multiple countries, organizations can easily duplicate and iterate their data strategy as they expand into new regions.

“Provenir Data provides organizations offering financial products to their customers the ability to verify identity quicker, detect fraud earlier, and make more accurate credit decisions by providing the right data at the right time,” said Larry Smith, CEO of Provenir. “We are honored to be named ‘Data Solution of the Year for Finance’ for the third consecutive year as it is a great testament to our continued innovation in the financial services market.” 

“Provenir Data represents a breakthrough fintech data ecosystem that is built to simplify and advance the data supply chain for financial services providers,” said Steve Johansson, Managing Director, Data Breakthrough. “Provenir is enabling organizations to verify identity quicker, detect fraud earlier, and make more accurate credit decisions in everything from SME lending to auto financing and beyond. We are pleased to award Provenir our 2024 ‘Data Solution of the Year for Finance’ designation as Provenir Data makes taking control of an organization’s data strategy fast and simple so that organizations have the data they and their customers need.”

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 DataOps, Data Analytics, AI, Business Intelligence, Data Privacy, Data Storage and many more. The 2024 Data Breakthrough Awards program attracted thousands of nominations from across the globe.

About Provenir

Provenir helps banks, fintechs and financial services providers unlock the secret to smarter credit risk decisioning.

Provenir’s AI-powered platform brings together the power of decisioning, data, and case management to drive intelligent decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in the customer experience, access to financial services, business agility, and more.

Provenir works with disruptive financial services organizations in more than 50 countries and processes more than 4 billion transactions annually.

About Data Breakthrough

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.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

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

Provenir Appoints Kris Emerton-Jones as Sales Director, APAC

NEWS

Provenir Appoints Kris Emerton-Jones as Sales Director, APAC

The appointment demonstrates Provenir’s ongoing commitment to providing AI-powered risk decisioning solutions to the region

SINGAPORE – Mar. 27, 2024 – Provenir, the global leader in AI-powered risk decisioning software, today announces the appointment of Kris Emerton-Jones as its new Sales Director for APAC. In this role, Emerton-Jones will oversee all sales operations and business development activities for the region. 

Based in Provenir’s Singapore office, Emerton-Jones is responsible for expanding the company’s customer base across the region and serving the growing number of financial services providers seeking to drive business transformation through the use of intelligent decisioning technology.  

Emerton-Jones brings more than 20 years B2B enterprise sales experience within the technology/software industry, and more than nine years in senior management leading teams across APAC focused on financial services. Prior to joining Provenir, he held senior positions at FIS, Experian, CredoLab Singapore and Fitch Singapore. 

“Consumers increasingly expect instant, personalized decisions and product offers,” said Bharath Vellore, General Manager, Provenir APAC. “This customer imperative is driving demand for our flexible, scalable platform that provides financial services providers with easy access to data, deep insights and the agility to quickly respond to changing economic conditions. Kris brings extensive expertise in credit risk decisioning solutions having consulted with hundreds of organizations throughout his career. His industry knowledge and experience in developing high performing teams will help us engage with the growing number of organizations seeking our AI-driven risk decisioning platform.” 

“Provenir has a very unique value proposition focused on empowering organizations to react quickly to changing market conditions and easily scale to support growth,” said Emerton-Jones. “I am excited to be part of this innovative team and look forward to helping organizations in the region deliver exceptional customer experiences while managing risk.”

About Provenir

Provenir helps fintechs and financial services providers unlock the secret to smarter credit risk decisioning. 

Provenir’s AI-powered platform brings together the power of decisioning, data, and case management to drive intelligent decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in the customer experience, access to financial services, business agility, and more. 

Provenir works with disruptive financial services organizations in more than 50 countries and processes more than 4 billion transactions annually.

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

Provenir Announces Successful Completion of SOC 2 Type II Assessment for Information Security Practices

NEWS

Provenir Announces Successful Completion
of SOC 2 Type II Assessment for Information Security Practices

Parsippany, NJ — March 25, 2024 — Provenir, a global leader in data and AI-powered risk decisioning software, today announced the successful completed of its latest Service Organizational Control (SOC) 2 Type II assessment.

Developed by the American Institute of CPAs (AICPA), SOC 2 defines criteria for managing customer data based on security, availability, processing integrity, confidentiality, and privacy. The Type II audit reviews a vendor’s systems and if its design meets these relevant trust principles.

The audit affirms that Provenir’s information security practices, policies, procedures, and operations meet rigorous SOC 2 standards for security, availability, and confidentiality. This independent validation attests to the strict internal controls Provenir has in place to protect users’ data in a highly regulated industry.

“Successfully completing our latest SOC 2 Type II assessment along with our continued certification to ISO/IEC 27001, reinforces Provenir’s commitment to information security,” said James Green, Compliance Manager, Provenir. “Our dedication and investment in information security and compliance demonstrates to our customers that the protection of their data is our highest priority.”

Provenir makes accessing data fast and easy. Through a single API, Provenir’s AI-Powered Risk Decisioning platform brings together a curated range of data and data solutions to enable businesses to make smarter decisions across identity, fraud and credit. This allows users to experience simplified data access, fully managed integrations providing access to a wide variety of traditional and alternative data, and insights to make smarter decisions across the whole customer lifecycle.

About Provenir

Provenir helps banks, fintechs and financial services providers unlock the secret to smarter credit risk decisioning.

Provenir’s AI-powered platform brings together the power of decisioning, data, and case management to drive intelligent decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in the customer experience, access to financial services, business agility, and more.

Provenir works with disruptive financial services organizations in more than 50 countries and processes more than 4 billion transactions annually.

Media Contact:

Kelly Poffenberger

Lutz Public Relations and Marketing (for Provenir)

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

LexisNexis Risk Solutions

Partners

LexisNexis Risk Solutions

Digital Identity Intelligence

Key Benefits

  • Maximize trusted consumer experience and mitigate risk. Powered by digital intelligence gathered from billions of global transactions, we provide insights with advanced analytics to help you make more informed and automated risk-based decisions.
  • Enrich credit decisions across the customer life cycle. Access robust insight into consumer life events, not just at loan origination but throughout the relationship life cycle. From initial customer targeting to credit risk management to ongoing account management, we can help you grow your business while managing risk exposure.

Capture More Revenue While Delivering Excellent Customer Experiences

LexisNexis® Risk Solutions is a trusted leader in providing organizations with actionable insights to manage risks, find opportunities and improve results. We understand what it takes to navigate the evolving world of risk management and deliver targeted solutions that empower well-informed decisions. 

At the core of our vision is the integration of two of the most polarized, yet crucial strategic initiatives: meeting increasingly high expectations regarding customer experience while remaining vigilant to risk, escalating fraud and compliance. Our solutions help businesses make more confident trust and identity decisions across the entire customer journey. Partner with us to confidently capture more revenue while delivering excellent customer experiences.

Resources

About LexisNexis Risk Solutions

  • Services

    • LexisNexis® ThreatMetrix® – Real-time digital identity intelligence and risk assessment to safeguard online transactions and interactions against fraudulent activities
    • LexisNexis® Emailage® – Fraud risk scoring solution that uses global email intelligence to assess risk and approve transactions
    • LexisNexis® RiskViewTM – Credit risk assessment solution providing insight into key risk factors that traditional credit data alone may miss
  • Regions Supported

    • Global

Continue reading

AI-Powered Risk Decisioning Leader Provenir Adds Chief People Officer Lori Copeland to Executive Team

NEWS

AI-Powered Risk Decisioning Leader
Provenir Adds Chief People Officer Lori Copeland to Executive Team

ndustry veteran brings more than 20 years’ experience in human resources leadership and talent acquisition to the fintech leader

Parsippany, NJ Jan. 9, 2024 – Provenir, a global leader in AI-powered risk decisioning software, today announced the appointment of Lori Copeland as Chief People Officer.

In this role, Copeland will be responsible for developing and executing human resource strategy in support of the overall business plan and strategic direction of the organization. She will provide leadership and guidance to all HR functions and develop recruiting plans to bring new talent to expand Provenir’s workforce, which spans 25 countries across the globe.

A senior human resources executive with more than 20 years’ experience, Copeland has proven ability to engage key stakeholders, deliver results and drive initiatives across complex global matrix organizations. Prior to joining Provenir, Copeland was Global Vice President, Human Resources, with LGC, a private equity owned leading, global life science technology company. Prior to this, Copeland was Global Human Resources Leader at General Electric (GE), Digital, a growth IoT startup within GE.

“Lori has an impressive background in human resources and organizational development and brings a dynamic blend of passion and expertise to our leadership team,” said Larry Smith, Founder and CEO of Provenir. “Lori’s leadership will be instrumental in supporting our people operations and cultivating a high-impact workforce as we grow.” “I am excited to join Provenir as the company grows globally and invests in its employee base to deliver innovative solutions to the financial services market,” said Copeland. “As Provenir continues to deliver the technology to power financial institution and fintech success worldwide, I look forward to growing and nurturing the company’s biggest asset – its people.”

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

Consumer Duty Predictions with Quadient, Fujitsu, Weavr, Provenir, Eligible, Currensea, Zuto, Cardlytics, Fuse

NEWS

Consumer Duty Predictions
with Quadient, Fujitsu, Weavr, Provenir, Eligible, Currensea, Zuto, Cardlytics, Fuse

Consumer Duty, a set of rules aimed at enhancing consumer protection in the UK financial services sector, came into force in July 2023. The Financial Conduct Authority’s (FCA’s) new rules mean that firms selling financial products now have to meet much higher standards.

In this Fintech Times article, Carol Hamilton, Chief Product Officer at Provenir, joins other experts across the fintech industry in sharing predictions for 2024, including a collective focus on collaboration between fintech firms and traditional banks, driven by a commitment to enhance customer benefits, transparency and personalisation.

Read the Article

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

Provenir appoints industry veteran Mark Collingwood as Vice President, and Regional Leader of UK, Ireland and the Nordics

NEWS

Provenir appoints industry veteran Mark Collingwood
as Vice President, and Regional Leader of UK, Ireland and the Nordics

The appointment reflects Provenir’s ongoing dedication to strategic growth and the development of innovative industry solutions.

LONDON, UK – Dec. 6, 2023 – Provenir, the global leader in AI-powered risk decisioning software, today announces the appointment of Mark Collingwood as its new Vice President and Regional Leader of UK, Ireland and the Nordics.

Based in Provenir’s London office and bringing more than 25 years’ experience in analytics, lifecycle decisioning and business consulting, Collingwood is responsible for expanding the company’s customer base across the region by helping organizations drive business transformation through the use of advanced decisioning technology and AI.

Collingwood is a widely respected industry figure, having held senior leadership roles at FICO and Experian, spanning multiple sectors including financial services, retail, automotive and telecoms. Prior to joining Provenir, he served as Vice President and Managing Director for FICO’s decisioning business across EMEA.

“We are absolutely delighted to have Mark join the Provenir team, and we welcome his leadership in directing our growth efforts across the region,” said Frode Berg, Managing Director, Provenir EMEA. “His deep expertise in analytics, decisioning and business consulting combined with his commercial leadership acumen will help us to expand our footprint in the region.”

Commenting on his appointment, Collingwood added, “I am thrilled to be joining Provenir at such a pivotal time in the company’s growth trajectory. I am excited about working alongside an exceptionally talented team to cement Provenir’s position as a leader in the decisioning technology market and enable fintechs and financial services providers to serve customers more quickly and more efficiently.”

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