The AI-powered risk decisioning provider is among an esteemed short list of vendors honored for excellence in the category in the organization’s Leaders in Lending Awards
Parsippany, NJ — March 31, 2022 — Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced that it is a finalist in the “Fintech Innovator of the Year” category for the 2022 Leaders in Lending Awards by the Canadian Lenders Association (CLA).
CLA is the voice of Canada’s lending ecosystem, representing over 100 companies in commercial and consumer lending. The “Fintech Innovator of the Year” award celebrates fintech enablers that power the lending industry and help credit providers achieve incredible scale and meet the needs of millions of everyday Canadian consumers and businesses.
Award winners are determined by the use of technology to solve problems and drive efficiencies throughout the lending industry, implementation of new or innovative lending strategies and business models, and positive outcomes following successful implementations of a new technology or business model.
“Provenir is honored to be named a finalist as fintech innovator of the year by the Canadian Lenders Association and is proud to serve Canadian lenders with their risk-decisioning needs to better serve their clients,” said Kathy Stares, Executive Vice President of the Americas at Provenir. “Accurate credit risk modelling is top of mind for the lending community and this recognition serves as a testament to Provenir’s commitment of delivering new and innovative solutions that meet their needs and enhance the overall customer experience.”
Provenir’s industry-leading AI-Powered Decisioning Platform is data-fueled and AI-driven for smarter risk decisioning. It is comprised of three essential components that enable financial institutions to rapidly overcome the challenges that hold them back – data integration, AI deployment and decisioning automation. The solution empowers fintechs and financial services organizations to unlock the true value of data, combining universal data access with simplified artificial intelligence (AI) and automated, real-time decisioning. With data more accessible and usable than before, financial institutions can automate complex decisions that drive world class customer experiences, addressing identify, credit and fraud for quicker onboarding and serving.