Being Scalable, Robust & People Centric Helps in Building Successful AI Implementation: Varun Bhalla
In this fireside chat with Bfsinxt.com’s Kailash Shirodkar, Varun Bhalla, Provenir’s Country Manager for India, talks about how fintech players can leverage and improve their risk decisioning capabilities by enhancing their AI and ML capabilities.
In an era of instant-everything, speed is a distinct competitive advantage.
According to PwC, 80% of consumers rank speed as a key buying factor. Whether it’s how fast your customers are able to apply for credit, how quickly you can approve their application, or how soon they get their funds – speed is key. With the rapid pace of digitization and the increase of competition in all forms of financial services, the pressure of consumer demands has never been higher.
How do you balance speed and business growth while maintaining the health of your risk strategy? By ensuring that your decisioning technology can make the most accurate decisions, quickly. In this webinar and live demo, we’ll show you how unified access to AI-powered decisioning and the data that fuels it can help you make smarter decisions, faster, AND help mitigate your risk.
Tune in and hear from Provenir experts how a unified risk decisioning platform offers:
Full assessment of risk across identity, fraud and credit
Automated, real-time decisioning at onboarding and beyond
The ability to scale, diversify and launch new products without fear of compromising your risk strategy
An e-commerce staple in certain regions, the Buy Now Pay Later wave is now having its moment in North America, with experts projecting the industry growing 10-15 times its current volume by 2025. As with most things in fintech, the landscape of BNPL – including regulations, providers, products and platforms – is changing, rapidly. Consumer expectations continue to grow, with 80% of consumers ranking speed as a key buying factor.
Join us for this panel discussion where we will discuss all things BNPL, including onboarding, the customer journey, how the North American landscape and associated regulations are changing – and how to ensure you are prepared for the evolution.
The way advanced technologies like AI/ML and automated decisioning can help you respond to market needs and shifts quickly, while managing risk effectively
How the use of alternative data can help you say yes to more customers and encourage greater financial inclusion for the underbanked
Why balancing customers experience and frictionless onboarding with fraud prevention and accurate decisioning is critical to ongoing growth
What the future holds for BNPL regulations and the ways we can future-proof technology to ensure compliance
Data-as-a-Service: The Next Transformation for India’s Financial Institutions
With India’s analytics market expected to reach INR 11,200.42 billion by 2027, financial institutions in the country will become dependent on more data to speed up innovation, deliver unparalleled customer experiences and build the resilience.
In this Dataquest article, Varun Bhalla, General Manager, India for Provenir, explains how data marketplaces provide easy access to many types of data, allowing businesses to deliver higher value, eliminate risk and become the disruptor instead of the disrupted.
Credit and Alternative Credit Data. Credit data of credit bureaus and direct lenders supply. Aggregated transaction and telecom information. Biggest data one-stop shop.
Address Verification. Electronic utility bill of 90% of electricity grid payers in Nigeria.
Biggest Data Aggregator in Nigeria
CARMACHAIN gives you access to 80 million profiles of credit and alternative credit information in Nigeria.
Despite SMEs representing an overwhelming majority of businesses (and jobs) globally, they struggle to gain access to credit. Fintechs are rising to the SME lending challenge, with automated risk decisioning technology that provides instant approvals and speeds up funding from 10+ weeks to only HOURS. Is your decisioning tech up for the challenge?
Read the infographic to learn more on moving your SME lending process into the fast lane.
90% reduction in GTM timelines and cost. We are a one-stop platform where you can integrate with desired banking APIs and then go live within a few days. No need to run around for 5+ months to integrate with multiple banking partners to launch your products.
10x simple and seamless financial infrastructure. We are a full-stack platform, where you can select your desired modules, play in the sandbox, and launch your product with the APIs within a couple of weeks! Not only that, but we also take care of all upcoming fixes, iterations, and updates without breaking any flow.
“Decentro’s flexible and scalable APIs allow us to transform our consumer experience and also unlock many new opportunities to thrive in the neo-banking and lending space.”
Open Banking APIs to Launch Products 10x Faster
Decentro is an extremely easy-to-use API platform for banking integrations in India (and soon beyond). We do the hard work of tying up with legacy institutions so that you can just integrate your desired APIs and launch! We act as a full-stack platform where you can come, select your desired modules, play in the sandbox and launch your product with the APIs within a couple of weeks! Not only that, but we also take care of all upcoming fixes, iterations, and updates without breaking any flow.
In this interview with The Manila Times, Bharath Vellore, General Manager, Asia Pacific for Provenir, discussed how Data-as-a-Service cloud software can help the banking and finance industry gain deeper insights on credit risks so financial institutions could better serve the unbanked and improve fraud detection.
Thirty-two percent of SMEs now work with online lenders for business credit. Convenience, efficiency and the ability to get rapid approvals make working with digital lenders an obviously attractive choice. If you aren’t making it easy for SMEs to get the credit they need, your competitors will.
Discover how to:
Power quick and easy applications
Automate processes for real-time approvals
Lower the cost of loan origination
Use predictive analytics to keep risk in check
Check out the eBook and learn how to accelerate your SME lending and pave the way for world-class lending experiences.
Buy Now Pay Later has moved beyond a fad into an e-commerce staple, with a 200% increase in the use of BNPL services since the Covid-19 pandemic began. But as with most things in fintech, the landscape of BNPL is evolving, quickly. New competitors are popping up every day, regulations are changing rapidly and consumers’ expectations are growing – in fact, 80% of consumers rank speed as a key buying factor.
Join us for this panel discussion where we will discuss all things BNPL, including onboarding, the customer journey, changing regulations and more – and how to ensure you are prepared for the evolution.