Banking
Discover next-generation decisioning technology.
Flexibility + Agility
Respond to industry trends, threats and consumer needs faster than the competition.
Smarter Decisioning
Simplify data integration and automate risk decisions for more accurate, personalized risk decisioning.
Lower TCO
Enable self-sufficiency and limit vendor reliance with low-code, drag-and-drop tools.
Upgrade your risk decisioning capabilities.
To compete in today’s digital-first world, you need to offer innovative banking products, fast approvals, and a world-class consumer experience. But legacy decisioning technology – siloed data sources, disparate software systems, reliance on numerous vendors – can make this difficult for banks, if not impossible.
Say hello to the Provenir AI-Powered Data and Decisioning Platform, where we put the power of managing risk back in your hands.
Benefits
Create personalized, superior banking experiences.
Are you finding it increasingly difficult to keep your decisioning technology in sync with business needs? Provenir’s AI-Powered Data and Decisioning Platform is designed to empower your team to quickly and easily take control of your risk strategy – and stay ahead of the competition.
Drive innovation
Take control of innovation with our no-code, drag-and-drop interface that empowers your business users to collaborate, iterate and get new banking products to market faster than the competition. React to consumer demands and evolve your business in real-time.
Simplify integration
Provenir Data makes it quick and easy to access and integrate a wide variety of data sources. Integrate to both internal and external data sources using our Data-as-a-Service solution and explore new data sources covering identity, credit, fraud, KYC, and other traditional and alternative data options.
Automate decisioning
Our AI-Powered Data and Decisioning Platform enables real-time, fully automated decisioning workflows. Rapidly assess credit risk with predictive models that can be uploaded and deployed into business logic without recoding.
Reduce costs
Enable self-sufficiency and reduce your total cost of ownership with an all-in-one decisioning platform. Automate decisioning processes so your IT team doesn’t have to do the heavy lifting anymore.
Improve customer experience
Eradicate monolithic legacy decisioning software that limits your agility and instead power superior banking experiences with personalized pricing and offers. Identify and respond to new risks and opportunities faster.
Future-proof technology
Bridge the gap between your risk, credit, analytics, and development teams with visual tools that eliminate technical knowledge gaps. Eliminate siloed systems and environments with one cohesive decisioning and data platform that drives your banking business forward.
Chief Technology Officer, Bigbank
“The Provenir solution is an important element in our transformation. The interface is so visual that it is simple to design effective, transparent business processes.”
“The flexibility and ease of use of the Provenir platform allowed us to complete a very complex project in record time with nearly half as many resources and over a 50% cost reduction.”
Adam Colclasure, Senior Director, Risk Infrastructure
“With Provenir, we have autonomy and flexibility; we can deliver a best-practice experience in every branch through automated processes that capture the rules and decisions made by our most skilled representatives.”
Lorenzo Blesa Sanchez, Global Head of Risk Strategy & Tech-Data-ESG Projects and Operations
“We found that Provenir outperformed their competitors in the areas where we sought excellence – time to market, functionality, flexibility and technology.”
Fredrik Ridaeus, Resurs Bank’s Nordic Credit Manager
CEO, 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.”
CEO, North America, Klarna
“Provenir has delivered a solution that increases our agility and responsiveness to clients. The implementation of Provenir’s software will contribute towards Klarna’s global market goals.”
Make risk decisions faster than the competition without sacrificing your risk strategy.
Companies like you choose Provenir
GM Financial
GM Financial wanted to bring new auto lending and leasing products to market more quickly, paving the road for smoother loan origination processes. Provenir was there to help.
Klarna
BNPL provider Klarna needed to replace legacy technology with real-time risk decisioning and business analytics designed to keep up with shopper demand. Provenir provided the framework to get there.
SoFi
SoFi benchmarked the project alongside its previous DevOps effort with its in-school college loan application. As a result of building out new automation and leveraging low code/no code technology enabled processes via the Provenir platform, SoFi was able to complete the project and go live in a shorter timeframe (within 10 weeks).
tbi bank
tbi bank is a mobile-first challenger bank in South East Europe and regional leader in alternative payment solutions.
Questions
Frequently asked questions
Get the answers you need to offer outstanding banking experiences.
Want to learn more?
To encourage financial inclusion, look for more diversity in your data, including alternative data sources like social media/web presence, utilities data, and open banking info. To integrate and action this data effectively, look for solutions that can connect to new data sources easily and orchestrate data across multiple environments. Getting a more holistic view of your customers reduces bias and ensures inclusion.
Fraudsters are evolving rapidly, and quickly becoming more sophisticated. Look for solutions that allow you to make quick changes to risk models and decisioning processes so you can evolve right alongside them. Data is also key – having a more holistic, real-time view of data and bringing data and decisioning together effectively ensures the most efficient fraud prevention.
Being self-sufficient and reducing the burden on both your IT/development teams and your vendors is key to improving agility and flexibility so you can keep up with your competition. Low/no-code solutions mean that you can create or iterate your decisioning workflows easily and independently, while still leaving room for customization to meet your specific needs.
Maintaining legacy technology gets more and more expensive as it ages – it’s resource-intensive to make changes and react to market conditions, preventing fraud becomes more costly, costs to acquire new customers and keep existing customers increase, and meeting evolving compliance requirements is more cumbersome. With automated, cloud-based decisioning technology, you can enable self-sufficiency, eliminating costly development hours, IT dependence, and vendor reliance. Realizing more efficient processes also eliminates delays that lose you customers, optimizes your credit decisioning across the lifecycle, enables agility to shift to market demands and consumer trends, and ensures easier fraud prediction and prevention.
Siloed data environments make it difficult to orchestrate your data effectively, integrate it efficiently into your decisioning, and poses a challenge when trying to get an accurate, holistic view of your customers. Not to mention the time, money and resources spent to access and move data as needed. Having real-time access to a variety of data sources and being able to integrate them easily into your decisioning means less time, effort, and money put into data orchestration, and results in a simplified data supply chain for a more effective data strategy, as well as improved accuracy in your credit decisioning.