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Provenir Appoints Carol Hamilton as Chief Product Officer

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Provenir Appoints Carol Hamilton
as Chief Product Officer

The appointment reflects Provenir’s dedication to fostering innovation and delivering exceptional customer care

LONDON, UK June 22, 2023 – Provenir, a global leader in data and AI-powered risk decisioning software, today announced the appointment of Carol Hamilton as its Chief Product Officer.

Based in Provenir’s London office, Hamilton will be responsible for shaping the company’s global product strategy, overseeing product development and management, and identifying new growth opportunities. She will play a pivotal role in driving innovation and expanding Provenir’s product suite, including decisioning, data and artificial intelligence to help lenders make smarter decisions across credit, compliance and fraud.

Since joining Provenir in 2021, Hamilton has served as Senior Vice President, Global Solutions and Chief Commercial Officer of Provenir AI, showcasing her expertise and profound understanding of the company’s operations.

With a wealth of experience in product strategy, innovation, and customer-centric design, Hamilton is uniquely suited to drive Provenir’s product vision and lead the company’s next phase of growth; she brings rich experience in developing fraud, compliance, and security solutions for the financial services industry. Prior to joining Provenir, Hamilton held senior leadership roles at GBG, SAS and BAE Systems, where she led regional teams responsible for creating long-term strategy, driving growth, and seeking new areas for expansion.

In today’s ever-evolving market, organizations’ real-time decisioning software needs to keep pace. Provenir is built to solve industry-specific needs today, while anticipating the ones businesses will face tomorrow. Carol’s recent efforts leading Provenir AI give her an ideal background to assume overall responsibility for Provenir’s full product suite. She’ll be instrumental in the advancement of our strong value proposition and capabilities to organizations worldwide.

Larry Smith, Provenir Founder and CEO

Provenir has long delivered on its promise of increasing customers’ agility and responsiveness to market challenges and client needs, from supporting banks in embracing digital strategies to partnering with fintechs on their growth journey. I’m looking forward to further developing our product suite and helping our customers to maintain their rank as innovative and disruptive financial services players.

Carol Hamilton, Chief Product Officer

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The easiest risk decision you can make

The Easiest Decision You Can Make.

Get proven results with Provenir’s holistic risk decisioning solutions. Meet your customers where they are with speedy approvals and personalized offers.

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AWARDS

The Easiest Decision You Can Make:

Award-winning decisioning solutions trusted by the world’s leading financial services providers.

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award data company of the year

award fintech of the future

award best credit risk solution

award best ai driven credit decisioning

award best credit risk solution

award winner data solution of the year

AWARDS

The Easiest Decision You Can Make:

Award-winning decisioning solutions trusted by the world’s leading financial services providers.

View All Awards

data company of the year

winner data solution of the year

best ai-driven solution provider

best credit risk solution

fintech of the future

award best credit risk solution

Meet strategic goals, manage risk, and maximize customer value.
With Provenir, you don’t have to compromise risk for growth – you can have it all.
YOUR NEEDSPROVENIR’S DECISIONING SOLUTION
Low-code platform that increases autonomy and reduces vendor reliance to save time and cost.
Seamless solution integration with swift setup and real-time iteration to boost innovation.
Flexible, scalable platform that optimizes decisions across credit, fraud, and compliance for the entire customer lifecycle.
AI-optimized decisioning that uses the right data to approve more customers with the right risk decisions.
Rapid deployment gets you to market in as little as 90 days.
Embedded machine learning that hyperpersonalizes product offerings along each point of the customer journey.
Access, integrate, and orchestrate alternative data and bureau data to feed directly into your decisioning engine.
Proactive risk management from onboarding through collections.
Predictive portfolio performance analysis and deep business insights that enable forward-thinking risk strategies.
Customizable processes that support seamless integration of manual intervention into automated flows.

TESTIMONIALS

  • GM financial

    JEFF LIVELY, VP OF DEALER SERVICES, GM FINANCIAL

    “We have deep insight into every application and contract as we can instantly get real-time information whenever we need it.”
  • Novuna

    ANDY DODD, MANAGING DIRECTOR, NOVUNA CAPITAL

    “The flexibility of Provenir allows us to create our own risk decisioning workflows that can easily connect with any data source.”
  • d&b

    EXEC., DUN & BRADSTREET

    “Provenir plays a vital role in navigating this balance between compliance and speed, because it gives us the ability to orchestrate all of our scoring and compliance processes very quickly.”
  • Telia

    FREDRIK NILSSON, CREDIT MANAGER, TELIA

    “Provenir empowers the Telia Finance team to create and change credit offerings independently, process customer applications in seconds, and easily integrate to multiple data sources for better quality decisioning.”
  • Yapstone

    MICHAEL GRAMZ, CHIEF RISK OFFICER, YAPSTONE

    “Provenir’s no-code visual tools let us design and configure our business process and go live quickly.”
Proven Decisioning Technology Tailored to Your Unique Needs.
Discover the stand-out features and benefits of Provenir’s intelligent, centralized risk decisioning platform that powers lending innovation across the globe.


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We’re More Than a Platform, We’re a Partner.
Our team is passionate about creating the future of risk alongside other industry thought leaders. That’s why when we’re not building the decisioning tech of tomorrow, we’re talking about what it might look like.

Tune in to our podcast, The Disruptor Sessions: The Visionary’s Guide to Fintech for insightful discussions on everything from how to foster financial inclusion to the hidden implications of AI in risk management.

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Provenir Launches New Podcast Series on the Future of Fintech

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Provenir Launches New Podcast Series on the Future of Fintech

“The Disruptor Sessions: The Visionary’s Guide to Fintech” features industry experts and explores the key issues shaping the next evolution of fintech

Parsippany, NJ — June 14, 2023 — Provenir, a global leader in data and AI-powered credit risk decisioning software, today announced the launch of its podcast “The Disruptor Sessions: The Visionary’s Guide to Fintech.” 

The podcast series features one-on-one interviews with thought leaders and innovators from the financial services industry. Hosted by regional Provenir leaders, the podcast explores what’s next in fintech, from the technology powering change to the visionaries driving disruption. The series also includes bite-size segments called “TDS Minis,” offering key insights on the hot topics driving the fintech market in 15 minutes or less.

“The fintech industry is rapidly changing; we are committed to bringing engaging conversations and insights from industry leaders to the forefront to help organizations navigate the fast-moving fintech market,” said Kim Minor, Senior Vice President, Global Marketing, Provenir. “’The Disruptor Sessions: The Visionary’s Guide to Fintech’ podcast provides expert views on what is moving the fintech market forward, and steps businesses can take to adapt and better position themselves to take advantage of key industry trends and opportunities.” 

The pilot episode features Aaron Webster, Chief Risk Officer for SoFi, who shares the company’s secret to differentiation in a crowded fintech ecosystem, as well as predictions on the next big disruption for American financial services. 

The following episode highlights financial inclusion and the new-to-credit population, as Nidhi Verma, TransUnion’s Vice President of Research and Consulting, defines the business case for financial inclusion and envisions the future of it on a global scale.

Listeners can access all episodes of “The Disruptor Sessions: The Visionary’s Guide to Fintech” on the podcast home page , as well as Spotify and Apple Podcasts.

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Provenir Named a Banking Tech Awards USA 2023 Winner for Excellence in Data and Insights

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Provenir Named a Banking Tech Awards USA 2023 Winner for Excellence in Data and Insights

The company’s AI-Powered Data and Decisioning Platform offers a streamlined single point of access to myriad credit bureaus and data sources for more accurate credit decisioning

Parsippany, NJ — June 5, 2023 — Provenir, a global leader in data and AI-powered risk decisioning software, today announced its Data and Decisioning Platform has garnered Banking Tech Awards USA 2023 top honors in the FinTech of the Future – Data & Insights category.

The Banking Tech Awards USA recognizes outstanding achievements in the banking and fintech industry across the United States.

“We are excited and proud to be recognized for our market-changing solutions designed to help financial services providers deliver the best customer experience while minimizing risk and fraud,” said Kathy Stares, Provenir’s Executive Vice President for North America. “With Provenir’s AI-Powered Data and Decisioning Platform, financial institutions gain access to an array of third-party data sources and decisioning expertise on-demand to make more accurate credit decisions in real-time, and without the high-dollar overhead of credit decisioning infrastructure.”  

Provenir’s AI-Powered Data and Decisioning Platform brings together a curated range of data and data solutions covering the whole customer lifecycle with data types such as identification, AML, document verification, open banking, PEPs/sanctions, bureau data, mobile data, email data, device verification, facial biometrics, and social media validation. This data enables businesses to make smarter decisions across key areas such as KYC, origination, credit risk, financial inclusion and fraud.

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Centrix

Partners

Centrix

Centrix – Credit Bureau of New Zealand

Key Benefits

  • Consumer Credit Reports: Make better lending decisions. Backed by New Zealand’s largest credit database, Centrix credit reports help you reduce risk when lending to consumers. Centrix consumer credit reports include an easy-to-read credit score, repayment history and driver license verification.
  • Business Credit Reports. Centrix credit reports help you reduce risk when lending to businesses with an easy-to-read credit score. Business credit reports help you manage your cashflow and reduce lending and payment risk with customers and suppliers.

“Data from Centrix enables us to maximise the information on a customer’s credit file, through its strong positive credit reporting solutions. That enables us to simplify the application process for our customers. The comprehensiveness of Centrix information helps prevent fraudulent applications, non-disclosure, and gives us greater comfort from a credit risk perspective.”

PEPPER MONEY

Centrix is New Zealand’s local credit bureau, helping Kiwi businesses of all sizes help make more informed business decisions. Centrix credit checking and identity verification services allow decision makers to make quick and confident risk assessments and comply with the latest regulations.

Centrix business reports help you reduce risk when making decisions about who to do business with – customers, suppliers, and even employees. Keep track of those that owe you money and get alerts when their financial position changes.

Centrix holds the most comprehensive consumer credit information database in New Zealand – with credit information for over 4 million Kiwi consumers as well as a commercial bureau with information about NZ Companies and business accounts.

Resources

About Centrix

  • Services

    Business Credit Reports – Manage your cashflow and reduce lending and payment risk.

    Consumer Credit Reports – View a consumer’s credit score, repayment history and driver license verification.

    Comprehensive Credit Reports (CCR) – View defaults, enquiries, any company affiliations an individual has and insolvency records.

    Fraud & Identify Verification – SmartID simplifies AML and ID verifications while reducing fraud. SmartID with biometrics allows you to digitally verify the identiy of your customers.

    Beneficial Ownership Checks – Cut through complex company ownership structures with ease to identify beneficial owners and remain compliant with legislation.

    Vehicle Ownership Checks – View claims, vehicle ownership and registration.

    Tenancy Credit Checks – View Tenancy Tribunal files and an easy-to-read credit score with the click of a button.

    Personal Properties Securities Register – Manage security interests and improve your chances of recovering debt by registering your security interest.

    Credit Data Analytics – Use Centric analytics capability to gain market intelligence on customer risk profiles.

    Portfolio Healthchecks – Determine the health of your accounts and risks, optimise your sales and growth strategies, and be alerted to credit score changes as they happen.

    Alerts Monitoring – Know about changes to your customers’ financial position as they happen and avoid risk to your cash flow with tailored alerts.

    SmartLink Credit Reporting – Backed by information from multiple credit bureaus, SmartLink enables you to make more informed, prompt credit decisions.

  • Regions Supported

    • New Zealand
    • APAC

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ComplyAdvantage

Partners

ComplyAdvantage

The Leader in AI-Driven Fraud and AML Risk Detection

Key Benefits

  • Automate customer onboarding and monitoring. Onboard legitimate customers quickly and confidently, keep bad actors out of your business and comply with AML obligations. Access ComplyAdvantage’s extensive risk database via our powerful screening and monitoring engine to protect your organization.
  • Identify and stop suspicious transactions. Detect suspicious transactions, identify potential fraud and take action while reducing false positive rates. AI-powered transaction monitoring from ComplyAdvantage, flags and prioritizes true risk for your analysts’ review whilst simultaneously reducing noise.

“[ComplyAdvantage is] a platform which supports a constant cycle of learning and evolving, able to adapt in line with the changing behavior of both customers and criminals.”

ROBIN JEFFERY, HEAD OF TRANSFORMATION AT HAMPSHIRE TRUST BANK

Identify Risk, Protect Your Business, Delight Your Customers

ComplyAdvantage is the financial industry’s leading source of AI-driven financial crime risk data and fraud detection technology. ComplyAdvantage’s mission is to neutralize the risk of money laundering, terrorist financing, corruption, and other financial crime. More than 1000 enterprises in 75 countries rely on ComplyAdvantage to understand the risk of who they’re doing business with through the world’s only global, real-time database of people and companies. The company identifies thousands of risk events daily from millions of structured and unstructured data points.

ComplyAdvantage has four global hubs in New York, London, Singapore, and Cluj-Napoca and is backed by Goldman Sachs, Ontario Teachers, Index Ventures, and Balderton Capital. Learn more at complyadvantage.com.

Resources

About ComplyAdvantage

  • Services

    Customer onboarding and screening (PEPs, Sanction, Adverse Media)

    Corporate onboarding and screening

    Ongoing customer monitoring

    Transaction screening

    Transaction monitoring

    Fraud detection

    Adverse media screening and monitoring

    Sanctions screening

  • Regions Supported

    Global

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Provenir Achieves Service Organizational Control 2 Certification for Information Security Practices

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Provenir Achieves Service Organizational Control 2 Certification for Information Security Practices

Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has successfully completed the Service Organizational Control (SOC) 2 Type 1 audit.

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 2 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 user’s data in a highly regulated industry.

“Achieving SOC 2 certification, along with our ISO 27001 Information Security Management System certification, reinforces Provenir’s commitment to the protection and safeguarding of data across our products,” said Claire Hartley, Provenir Chief Compliance Officer and Data Protection Officer. “Our commitment to and investment in data security and compliance demonstrates to our customers that data protection is our highest priority.”

Earlier this year, Provenir announced ISO/IEC 27001 certification, which provides evidence to a company’s consumers, investors, and other interested parties that the organization is managing information security according to international best practices.

Provenir makes accessing data fast and easy. Through a single API, Provenir 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.

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CXOToday Interview: Provenir’s Risk Decisioning Software Powered by Data, Built to Manage Risks

NEWS

CXOToday Interview:
Provenir’s Risk Decisioning Software Powered by Data, Built to Manage Risks

In this exclusive interview with CXOToday, Varun Bhalla, Country Manager for Provenir India, shares his thoughts on key disruptions in the financial sector, how AI is transforming the credit risk decisioning process and the role of technology and innovation in Provenir India’s growth strategy.

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Provenir appoints Andrea Fassari as Country Manager in Italy

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Provenir appoints Andrea Fassari
as Country Manager in Italy

Sales and growth industry expert Andrea Fassari joins Provenir’s team to respond to the increasing demand in a digital-first market for the company’s automated decisioning, real-time data and advanced analytics

Provenir, a global leader in data and AI-powered risk decisioning software, today announced that Andrea Fassari has been appointed Country Manager in Italy. Fassari will lead Provenir’s sales operations in the region, responsible for implementing new strategies to enhance the company’s plans to further expand their risk decisioning solutions to financial services businesses in the region.

Fassari brings more than fifteen years’ experience in sales, marketing and operations, with strong expertise in overall sales performance, as well as closely aligning sales objectives with a companies’ core strategy. He’s held senior roles at UNGUESS, CONNEXIA and Accenture, where he successfully implemented new target-market initiatives by coordinating large teams to meet client needs.

Provenir is experiencing significant demand for its industry-leading data and AI-powered risk decisioning platform that blows past traditional credit decisioning software by letting businesses harness the power of decisioning, data and AI from one unified, no-code user interface. Based in Milan, Fassari will be a crucial part of Provenir’s international sales team to drive sales strategies to enable the achievement of the business’ goals and targets.

“Financial services firms worldwide are increasingly looking for a credit risk decisioning platform that allows them to make smarter decisions, faster,” said Frode Berg, Provenir’s Managing Director of Europe. “As a recognised industry leader, Provenir is helping its clients to be more competitive, more agile and ready to rapidly respond to evolving business needs, but we won’t stop there. Andrea will form an integral part of our expansion into Italy, as we continue on our journey to delivering our unified risk decisioning ecosystem. We’re excited to have him onboard!”

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