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Provenir and tbi bank Recognized for “Best in Digital Lending Implementation” in the IBSi NeoChallenger Bank Awards 2023

NEWS

Provenir and tbi bank Recognized
for “Best in Digital Lending Implementation” in the IBSi NeoChallenger Bank Awards 2023

tbi bank offers clients credit decisions in real-time at scale via Provenir’s AI-Powered Risk Decisioning Platform

Parsippany, NJ November 29, 2023 – Provenir, a global leader in AI-powered risk decisioning software, along with customer tbi bank, a mobile-first challenger bank in Southeast Europe, have together been named winners of a IBSi NeoChallenger Bank Award for “Best in Digital Lending Implementation.”

The IBSi NeoChallenger Bank Awards recognize successful technology project implementations at neobanks, challenger banks, and digital arms of traditional banks and the impact these programs have had on improving customer experience.

tbi bank built a credit decisioning center of excellence using Provenir’s AI-Powered Risk Decisioning Platform to bring risk decisioning, data and AI capabilities together to enable more accurate credit decisions in real-time, with the flexibility to iterate, expand, and scale on a global level, without extensive IT resources.

Provenir’s AI-Powered Risk Decisioning Platform is a single, comprehensive cloud-based solution that unifies all risk decisioning, data, and AI through a centralized user interface, letting organizations bypass patchwork APIs and hardcoding for shorter development lifecycles and faster time-to-market.

By leveraging cutting-edge technology to revolutionize lending processes, tbi bank is now a leading regional innovator in credit assessment automation, performing underwriting quickly and at scale. This has enabled capacity growth from less than 500,000 credit applications to 7 million applications annually – for a 1,400 percent improvement.

“We are pleased to be recognized for this honor along with our esteemed customer tbi bank who is providing faster and more accurate lending, resulting in improved customer experience while also reducing risk,” said Frode Berg, Provenir’s Managing Director for EMEA. “We look forward to continually supporting tbi bank with its credit decisioning needs as it looks to expand its digital business and product offerings for its growing customer base.”

“The partnership between tbi bank and Provenir is a testament to the success achievable through collaborative innovation,” said Nikhil Gokhale, Director – Research & Digital Properties at IBS Intelligence. “By combining tbi bank’s customer-centric focus with Provenir’s advanced risk decisioning capabilities, they have achieved a significant improvement in their underwriting capability and compliance. I would like to congratulate Provenir and tbi bank for their win in the category,‘NeoChallenger Bank Awards – Best in Digital Lending Implementation.’” 

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Provenir Named Best Credit Risk Solution for Third Consecutive Year in the Credit & Collections Technology Awards

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Provenir Named Best Credit Risk Solution
for Third Consecutive Year in the Credit & Collections Technology Awards

The company’s powerful AI-Powered Risk Decisioning Platform that unifies risk decisioning, data, and AI continues to be recognized for fintech excellence

Parsippany, NJ Nov. 28, 2023 – Provenir, a global leader in AI-powered risk decisioning software, today announced that its AI-Powered Risk Decisioning Platform has been named the winner of a Credit & Collections Technology Award for the third consecutive year, having been recognized as best-in-class in the “Credit Risk Solution” category.

Winners of 2023 Credit & Collections Technology Awards were celebrated Nov. 23 during an awards ceremony at The Midland Hotel in Manchester, England.

The Credit & Collections Technology Awards provide a focus on technology at a time when credit and collections companies face business pressure in the form of continued regulatory scrutiny. The awards examine different types of technology solutions which are helping companies enhance business strategy.

“We couldn’t be more excited to be named best Credit Risk Solution in the Credit & Collections Technology Awards for the third year in a row,” said Frode Berg, Provenir’s Managing Director for EMEA. “AI-powered decisioning provides the foundation for more accurate, automated risk decisions across the entire customer lifecycle, helping financial institutions proactively manage and mitigate risk.”

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Rollee

Partners

Rollee

Rollee: The Secure Platform for Income Data

Key Benefits

  • Improve your underwriting with real-time income data. Get reliable data from payroll sources to automate your verifications and take better and fairer decisions for credit, mortgage, tenant screening, car leasing.
  • Real-time activity monitoring. Gaining a holistic and credible view of a user’s income to assess qualification for salary advance, salary payouts, employment verification.

“Rollee provides access to the right data at the right time. We have been able to open up new business channels thanks to Rollee’s data coverage.”

GARY ABOUAF, CEO OF NESSPAY

Open Finance Platform for Income Data

Rollee is the API for income data in Europe. We provide lenders, insurers and many other businesses with quick and reliable access to their customers’ income data in real-time.

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About Rollee

  • Services

    • Income Verification
    • Employment Verification
    • Real-Time Earnings
  • Regions Supported

    • EMEA
    • APAC

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Provenir Expands its Presence in France with Key Appointments

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Provenir Expands its Presence in France with Key Appointments

Brice Barouch and Yasmine Ouirhrane join team in response to increasing demand for company’s AI-powered risk decisioning software

Parsippany, NJ — Nov. 14, 2023 — Provenir, a global leader in AI-powered risk decisioning software, today announced the appointments of Brice Barouch as Country Manager and Yasmine Ouirhrane, Business Development Manager, who will be joining the Provenir team in France to serve the growing number of financial services providers seeking AI-powered risk decisioning solutions. Based in France, Brice Barouch will lead Provenir’s operations in the region with Yasmine Ouirhrane responsible for creating go-to-market strategies and leading business development activities. 

Barouch brings more than twenty years’ experience in sales strategy and business development with a strong track record of driving new businesses and boosting sales revenue across the financial services industry. He’s held senior positions at Mirantis, Red Hat, Experian and Ayming.

Prior to joining Provenir, Ouirhrane served as a strategic seller at Varicent. She also brings years of experience defining marketing and commercial strategies, developing sales strategies, and identifying market opportunities. Both Barouch and Ouirhrane are located in France.

“Financial services providers and fintechs must deliver personalized customer experiences and meet consumer expectations for instant decisions to remain competitive,” said Corinne Lleti, Provenir’s Director General of Southern Europe. “Organizations are increasingly looking for our AI-powered risk decisioning platform to gather deeper insights from many types of data and make automated, hyper-personalized decisions. We are excited to welcome Brice on board to lead our French operations and Yasmine, who will play a pivotal role in addressing the rapidly increasing demand in the region.”

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AdviceRobo

Partners

AdviceRobo

Dynamic Personality Data for BNPL and SME Credit Decisioning

Key Benefits

  • Increase your acceptance rate up to 40%. Incorporating personality data will enhance your scorecards with insights on customer segments like next-gen consumers, newcomers to the country, and small businesses, enabling more accurate predictions and access to previously untapped customer segments.
  • Seamless customer journey, low-tech integration, real-time insights. Our JavaScript plugin, integrated into your customer onboarding process, gathers data from various touchpoints and provides information, profiles, and decisions. A 24/7 dashboard offers real-time insights into the funnel, comprehensive customer data, alerts, and model performance.

“AdviceRobo is an innovative partner supporting us with their psychometric credit scoring. Our cooperation really adds value to our business. They are a great bunch of people. We are happy to team up with them and benefit from their knowledge.”

SME PLATFORM LENDER IN EUROPE

AI-Driven Solutions to Improve Your Underwriting

AdviceRobo mission is to responsibly promote financial inclusion for the next generation, globally. Younger generations possess unique attributes such as digital fluency, strong entrepreneurial spirit, and a commitment to sustainability, often overlooked by traditional financial methods. To bridge this gap, we’ve crafted an advanced data collection tool tailored for next-gen traits and behaviors.

This tool serves as the foundation for our sophisticated analytical solutions, integrating cutting-edge AI, all while upholding ethical standards and respecting privacy within the regulatory framework. Our solutions empower you to exercise greater control with automated customer data enrichment and seamless data automation through our automatic data pipelines. We also offer innovative modeling and scorecards, in addition to assisting your team in developing customized scorecards. By embracing these solutions, you can embrace the future of financial inclusion and cater to the unique needs of the next generation.

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About AdviceRobo Services

  • Proprietary Personality Data

    Psychometric data

    Digital footprint data

    Biometric data

    Demographic data

  • Profiles and Scores

    Life-centric profile

    Financial health profile

    Life-centric credit score

    Other risk scores

  • Custom Solutions

    Score card development

    Model development

    Design AI strategies and roadmaps for and with boards and management

    Education and training on AI for co-workers

  • Regions Supported

    Global

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Industry Leaders Prefer Provenir

DATA SHEET

Industry Leaders Prefer Provenir

In the dynamic landscape of financial services, strategy-driven decisioning across identity, fraud, and credit is a pivotal driver in shaping a business’s future success. Join the financial service leaders who are meeting strategic goals, managing risk, and maximizing customer value with Provenir. Discover the holistic decisioning difference in the datasheet.

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Provenir Appoints Andres Elizondo as Chief Financial Officer

NEWS

Provenir Appoints Andres Elizondo
as Chief Financial Officer

The appointment reflects Provenir’s commitment to growth and the development of innovative industry solutions

Parsippany, NJ – Sept. 5, 2023 – Provenir, a global leader in AI-powered risk decisioning software, today announced the appointment of Andres Elizondo as its new Chief Financial Officer. Elizondo brings a wealth of experience which combines both finance and strategy, with a focus on driving and delivering long-term business value.

With more than 15 years of experience, Elizondo has a proven track record in creating and leading the finance functions of global technology companies as well as private equity-backed firms. Previously, Elizondo was the Group CFO at software development platform Builder.ai and served as CFO of the EMEA region at Rackspace Technology and was part of the leadership team that took the company public. In these roles, he implemented strategies that drove growth and delivered exceptional shareholder value.

Provenir’s mission is to help fintechs and financial services providers around the globe make smarter risk decisions and disrupt the increasingly competitive financial technology landscape,” said Larry Smith, Founder and CEO of Provenir. “Andres brings a unique blend of technical knowledge and financial expertise. I am confident the addition of Andres to our leadership team will help support Provenir’s expansion and market leadership goals.”

“I’m very excited to join Provenir and be part of the company’s growth,” said Elizondo. “Provenir has been at the forefront of developing industry-leading risk decisioning and data analytics solutions to meet the rising need for high-quality financial services. I’m looking forward to championing Provenir’s growth plans and delivering even more value for our customers.”

Elizondo received a bachelor’s degree in Mechatronics Engineering from the Instituto Tecnológico y de Estudios Superiores de Monterrey in Mexico. He completed his master’s degree in Business Administration at London Business School as well as The Wharton School at University of Pennsylvania. Currently based in London, Elizondo will work with Provenir’s global finance team in New Jersey, the United Kingdom, and India.

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