NEWS

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)

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

NEWS

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.”

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

NEWS

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.

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

NEWS

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.”

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