Skip to main content

Industry: Provenir

Brankas

Written by Amy Sariego on . Posted in Partners. No Comments on Brankas

Partners

Brankas

Brankas – Leading Open Finance Technology Leader

Key Benefits

  • Instant Multi-Bank Integrations with Brankas Data APIs. Let users connect their bank account to your platform, giving them faster access to their data and a better experience.
  • Capture Data Intelligently and Interpret it Faster. With quicker access to reliable data, you can personalize your customer’s experience depending on their wants and needs.

“Our partnership with Brankas allows us to help clinics in Indonesia finally move into a digital future that can make healthcare easier and more available for everyone. We are excited for the future of healthcare.”

OGY WINENRIANDHIKA, CO-FOUNDER & CEO AT KLINIKGO

Brankas – Leading Open Finance Technology Leader

Brankas helps businesses unlock modern financial services with market-leading technology. We have the largest network of bank APIs in Southeast Asia. We are also the only company invested in both API aggregation, which helps online businesses connect digitally to banks, as well as financial and payment infrastructure, which help banks and financial institutions monetize their banking platforms.

Resources

  • Visa Card Data Product

About Brankas

  • Services

    Account Opening

    Open Core

    Open Finance Suite

    Merchant Link

    Brankas Direct

    Brankas Disburse

    Brankas Bank 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

  • Countries/Regions Supported

    Indonesia

    Philippines

    Vietnam

    Thailand

    Malaysia

    Bangladesh

    EMEA

Continue reading

Monto

Written by Amy Sariego on . Posted in Partners. No Comments on Monto

Partners

Monto

SME Lending Powered by Real-Time Financial Data

Key Benefits

  • Better data. Better credit decisions. Monto’s API provides a detailed, real-time view of SME business performance. We collect, standardize and visualize data from leading accounting providers to help lenders make faster and more accurate credit decisions.
  • Enhance your processes while improving the user experience. With Monto, lenders can easily authenticate borrowers and start working with high-quality data. Depending on your specific needs, our connectivity can make everything from data collection and onboarding to loan underwriting more efficient.

“The process of sharing financials is very easy with Monto. Our applicants can grant access to their accounting software in seconds.”

FLOAT LENDING

Your Single Access Point to SME Financial Data

Monto is a Stockholm-based fintech that helps Nordic SME lenders harness the power of real-time data. We combine smart tech and deep industry know-how to help fintechs, banks, lending brokers and BaaS platforms make better credit decisions, streamline processes and improve the customer experience.

With Monto, lenders no longer have to rely on manual, dated or mediocre data sources in their credit reviews. Our API unlocks instant access to up-to-date income statements, ledger quality, financial ratios, and more, fetched from leading accounting software providers in Sweden. We also provide a visual interface that allows credit teams to gain a comprehensive financial understanding of their connected borrowers. 

Our platform is tech agnostic and available for a free trial.

Resources

About Monto

  • Services

    Monto API. Seamless API connections to accounting software makes access to real-time financial data smooth, safe, and tailored to credit teams’ needs. Get full details on everything from rolling income statements to ROI and profit margins.

    Standardized data. We categorize and standardize relevant financial data, allowing your team to access high-quality information and make better credit assessments. This helps you eliminate tedious and time-consuming manual data collection.

    Visual interface. Get a comprehensive view of your customers’ financial situation in a single interface to enhance your credit decisions. We cover many of the key metrics and KPIs that drive a customer’s financial performance.

    Easy onboarding. Monto’s pre-built authentication flow enables you to onboard new and existing customers in seconds. Your SME customers simply have to grant access to their financial data, and connect to their accounting provider.

    Extensive coverage. Monto’s accounting integrations cover an estimated 95% of the SMEs in Sweden that use cloud-based accounting. Our future roadmap includes the other Nordic countries.

  • Countries Supported

    • Sweden
    • Norway

Continue reading

CXO of the Week: Varun Bhalla, Country Manager, India, Provenir

Written by Amy Sariego on . Posted in News. No Comments on CXO of the Week: Varun Bhalla, Country Manager, India, Provenir

NEWS

CXO of the Week:
Varun Bhalla, Country Manager, India, Provenir

CIOL recently interviewed Varun Bhalla, Provenir’s Country Manager for India. Varun shared his views on Provenir’s key offerings and unique value, his entrepreneurial journey, the company’s growth, and much more.

Read the Interview

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

EV Exclusive NBFC AMU Leasing Onboards Provenir’s Decisioning Platform to Accelerate Loan Decisions

Written by Amy Sariego on . Posted in News. No Comments on EV Exclusive NBFC AMU Leasing Onboards Provenir’s Decisioning Platform to Accelerate Loan Decisions

NEWS

EV Exclusive
NBFC AMU Leasing Onboards Provenir’s Decisioning Platform to Accelerate Loan Decisions

With Provenir, AMU Leasing will be able to disburse loans to its end users with speed, accuracy and precision

New Delhi, India – Provenir, a global leader in AI-powered risk decisioning software, announced today that AMU Leasing, India’s leading and only woman-led, tech-driven NBFC startup exclusively serving the Electric Vehicle ecosystem. With this partnership, the Delhi-based company will be able to make faster decisions and offers to end-users, putting it ahead of its competition.

AMU Leasing’s goal is to support India’s emerging initiatives for self-employment and micro entrepreneurship for citizens across Tier 2 and 3 cities. By supporting the alternate fuel-based transportation sector, they plan to propel and sustain revenue generation for self-employed livelihoods.

The government of India is targeting EV sales to account for 30 percent of private cars, 70 percent of commercial vehicles, 40 percent of buses and 80 percent of two and three-wheelers by 2030 to help reduce carbon emissions. The combination of AMU Leasing and Provenir is ideal for new as well as existing customers seeking EV financing solutions with seamless processing and a world-class user experience.

“We are focused on helping develop an efficient ecosystem where leasing, financing and purchasing electric vehicles is one seamless process,” said Nehal Gupta, CEO of AMU Leasing. “We needed an automated decisioning solution that would enable us to make faster decisions and extend offers to end users. Provenir’s low code interface empowers our business users to easily design, build and test decisioning models themselves. The Provenir Marketplace also provides access and easy integration to new data sources, providing us with greater insights to make more accurate decisions.”

“The EV market is quickly growing and AMU Leasing is well positioned to support the entire value chain, particularly entrepreneurial businesses,” said Varun Bhalla, Country Manager, India for Provenir. “Our AI-Powered Data and Decisioning Platform provides the access to data, AI and decisioning capabilities needed to accelerate and improve their lending decisions and expand with them. We look forward to helping them meet their goal of one million EV disbursements by 2027.”

Provenir’s industry-leading AI-Powered Data and Decisioning Platform delivers smarter risk decisioning. The solution, managed through a single UI, empowers organizations to innovate further and faster than ever before, driving the continuous optimization they need to power growth and agility, without increasing risk.

Issued on:

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

Client Management with Provenir + Mobile Intelligence

Written by Amy Sariego on . Posted in Webinars. No Comments on Client Management with Provenir + Mobile Intelligence

ON-DEMAND WEBINAR

Client Management
with Provenir + Mobile Intelligence

Book a Meeting

Discover Our Global Support Capabilities

Have you been wondering what Provenir’s Global Support Team is all about? Interested in hearing about our new investments to better serve your needs and enhance client management? Watch now and discover how we’re constantly improving our support capabilities to help you achieve your business goals.

Tune in and learn:

  • How we are working to improve the support portal for a better ticket management experience
  • Why we’ve moved to a tiered support model to keep your business running more efficiently
  • How we’re enhancing our customer engineering team to continue the focus on our ‘customer first’ approach
  • The ins and outs of maintenance/incident notifications, ticket priority definitions, and steps to raising/submitting support tickets

Speakers:

  • Julie Manella

    Vice President, Client Experience

  • Jason Panke

    Senior Director, Operations

RESOURCES

Continue reading

WISE AI

Written by Amy Sariego on . Posted in Partners. No Comments on WISE AI

Partners

WISE AI

WISE EKYC – an AI-Powered Identity Verification Solution

Key Benefits

  • Instant identify verification and authentication in under three minutes. Transform identity verification with WISE EKYC, an AI-powered technology that delivers a fast and seamless customer experience. Say goodbye to time-consuming and manual onboarding. Experience effortless identity verification in under three minutes.
  • Lower cost with enhanced security. With WISE EKYC, companies can achieve lower costs and enhanced security in their onboarding processes by eliminating human verification costs, while AI can provide a more secure solution. Say goodbye to expensive manual processes – choose eKYC for a cost-effective and secure solution.

“We have no doubts about WISE AI, and we encourage industry players to explore what WISE AI can offer to their ecosystem.”

RICHARD KER, HEAD OF INNOVATION & INDUSTRY DEVELOPMENT AT CYBERVIEW SDN BHD

Empowered Organizations with AI-Powered Identity Service

  • Expertise with proven business use cases in Financial Institutions, Fintech, Government Services, Education, Certificate Authority and many more
  • Technology house with the ability to localize the technology and the processes to meet the regulations and policy needs
  • Technology is verified and tested by NIST from US, National Institute of Standards and Technology
  • The solutions comply with the regulations and policies under the central bank of Indonesia and Malaysia
  • Covering over 190 countries, national IDs and Passport

Resources

About WISE AI

  • Services

    • WISE EKYC
    • WISE ID Document OCR
    • WISE Liveness
    • WISE ID Fraud
    • WISE Face Compare

  • Regions Supported

    • APAC
    • Malaysia
    • Indonesia

Continue reading

Data on Demand

Written by Amy Sariego on . Posted in Partners. No Comments on Data on Demand

Partners

Data on Demand

ID.VU – Personal Data to Identify Vulnerable Consumers

Key Benefits

  • Identify Vulnerable Consumers to Meet Regulatory Requirements. The FCA published four key drivers of vulnerability and has defined the characteristics of a vulnerable person. ID.VU maps back those characteristics to score individual consumers as Highly Vulnerable, Currently Vulnerable or with Historic Vulnerability.
  • Identify Vulnerable Consumers to Lower Your Credit Risk and Create Better Outcomes. The solution allows businesses to identify and manage credit risk, prevent over-indebtedness, provide help to the customers most at risk of harm and meet their obligations to the regulators.

Identification. Verification. Communication.

Data On Demand builds consumer data products and solutions for service providers and end-users. We help organizations improve their understanding of their customers to enable better consumer outcomes.

We are well established as a provider of alternative data solutions to consumer debt collection companies in the UK who use our FIN.TRACE and RES.ID solutions. We provide 4.ID to global organisations who operate identity verification services for businesses with UK consumers.

Our ID.VU solution was created in July 2020 as a response to the pandemic and the changes in regulatory requirements for firms to identify vulnerable customers.

Resources

About Data on Demand

  • Services

    ID.VU – uses data from high-cost, short-term loan applications and the Vulnerability Registration Service to identify financially stressed individuals.

    4.ID – aggregates over 73 million individual data records to help users improve customer onboarding and fraud.

  • Countries Supported

    United Kingdom

Continue reading

Provenir Achieves Significant Revenue and Customer Growth in 2022: Expands Global Market Leadership in Data and AI-Powered Risk Decisioning for Financial Services

Written by Amy Sariego on . Posted in News. No Comments on Provenir Achieves Significant Revenue and Customer Growth in 2022: Expands Global Market Leadership in Data and AI-Powered Risk Decisioning for Financial Services

NEWS

Provenir Achieves Significant Revenue and Customer Growth in 2022:
Expands Global Market Leadership in Data and AI-Powered Risk Decisioning for Financial Services

The company adds new customers around the globe and grows its employee count as it continues expansion in key markets worldwide

Parsippany, NJ — February 14, 2023 — Provenir, a global leader in data and AI-powered risk decisioning software, today announced strong growth in 2022, achieving 35 percent growth in revenue and expanding its customer base by 24 percent, adding new customers worldwide including AMU Leasing, AutoChek, Davivienda, DeltaPay, Investree, Provu, Quick Finans, Topi and Varo.

Provenir also grew its global workforce, appointing industry veterans in senior sales and leadership roles to support the company’s continued growth in key markets, including Latin America, Africa, Middle East, Europe, Canada, and India, with expansion into France, Germany, Italy, Spain, Turkey, the Balkans and Benelux; Colombia, Brazil and Mexico; and Indonesia, the Philippines and Vietnam.

Provenir also established a new global technology and operations hub in India to meet the growing demand from fintechs and financial services providers for the company’s industry-leading AI-powered data and risk decisioning software for real-time credit decisioning. The hub serves as a centralized location for Provenir global technical teams to develop new solutions to solve customers’ most significant challenges.

“I’m incredibly proud of Provenir and our talented global workforce as we celebrate a year of exciting milestones and continued growth,” said Larry Smith, Founder and CEO of Provenir. “Our results, despite uncertain economic conditions globally, underscore the fact that fintechs and financial services providers need a flexible platform that can provide deep insights instantly. Those organizations that can leverage additional data sources and use AI to test and deploy new strategies quickly will be able to better serve their customers, detect fraud, and capture new market share.”

Additional key highlights / milestones in 2022:

  • Launch of the Provenir AI-Powered Data and Risk Decisioning Platform: Addressing the rapid adoption of artificial intelligence in the fintech and financial services markets, Provenir introduced its award-winning AI-Powered Data and Risk Decisioning Platform, which delivers a unique combination of data, decisioning and AI that provides the foundation for more accurate, automated risk decisions across identity, credit and fraud – allowing organizations to stay focused on innovation and optimizing the customer experience.
  • Introduction of Provenir Brazil: Provenir also introduced its fifth entity, Provenir Brazil, as part of its country-focused market strategy expansion. Brazil is the tenth largest economy in the world, accounting for approximately three out of 10 fintech startups in Latin America.
  • Growth of Provenir Marketplace Data Partners: The Provenir Marketplace expanded to more than 100 data partners, achieving 57 percent growth over the past year. The Provenir Marketplace is a comprehensive fintech data and intelligence ecosystem covering the whole customer lifecycle. This data adds value across key areas such as KYC, origination, credit risk, financial inclusion and fraud.
  • ISO/IEC 27001 and Helios Accredited Certification for Data Security: The company announced it has achieved ISO/IEC 27001 and Helios certifications – globally recognized information security standards which require compliance across all aspects of information security and operations.
  • New Global Partnerships/Collaborations: Provenir established new partnerships and collaborated with key industry leaders to provide its AI-Powered Data and Decisioning Platform to the financial services market. These include:
    • TransUnion Strategic Alliance Distribution Program – Through this alliance, TransUnion clients can take advantage of Provenir’s platform to gain deeper insights from more data sources to power a new level of decisioning speed and accuracy.
    • Visa Ready for BNPL – As a member of the Visa Ready for BNPL program, Provenir provides lenders offering Buy Now Pay Later (BNPL) services the ability to make data-fueled and AI-powered intelligent decisions.
  • Award Recognition for Excellence in Innovation: Provenir’s excellence in innovation was recognized throughout the year with distinction in the following industry awards programs:
    • Named to Credit & Collections Technology Power List of Top 20 Companies in 2022.
    • Winner – “Best Credit Risk Solution” in the Credit & Collections Technology Awards 2022.
    • Winner – “Data Solution of the Year for Finance” in the Data Breakthrough Awards 2022.
    • Gold Winner – “AI Platform” in the Juniper Research Future Digital Awards for Fintech & Payments 2022.

Provenir was also recognized as a finalist in the following awards programs: Tearsheet Data Awards 2022, US Fintech Awards, Fintech Futures Banking Tech Awards, and Credit Strategy Lending Awards.

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

APLYiD

Written by Amy Sariego on . Posted in Partners. No Comments on APLYiD

Partners

APLYiD

World-Class 30 Second KYC Through Biometric AML Checks

Key Benefits

  • KYC & AML verification software. Taking KYC to new levels with Face Match, Liveness and OCR of 16,000 global government documents. Reduce your fraud and customer drop off with the world’s most reliable biometric technology.
  • UK’s broadest coverage of consumer data. Supercharge your verification rates with the largest data of consumers in the UK.

“Since implementing APLYiD solution we’re now seeing a 35% uplift of customers moving through our onboarding process.”

MARK BALICH, HEAD OF PRODUCT AT LATITUDE FINANCIAL SERVICES

AML and KYC: Building the Best Customer Experience

APLYiD brings to the market, the fastest, most reliable, trusted biometric technology to verify your customers identity for AML compliance. APLYiD specializes in advanced biometric ID verification technology. Our SaaS solution provides a simple, superfast biometric ID match and check service that complies with regulatory legislations in every country in the world.

About APLYiD

  • Services

    Face Matching

    Liveness

    AML Checks

    PEP & Sanctions Checks

  • Regions Supported

    United Kingdom

    Australia

    New Zealand

Continue reading