Digital Merchant Onboarding
Drive better consumer experiences in an increasingly competitive market.
Rapid verifications
Onboard merchants in minutes with real-time KYC/KYB verifications.
Deeper decisioning
Go deeper into data with simple integrations and easy model deployment.
Increased agility
No-code technology lets you make changes on your timeline.
If you can’t onboard your merchants in minutes, your competitors can.
Strict compliance regulations and evolving fraud risks make powering a world-class digital merchant onboarding experience a challenge. And you’re always looking for ways to balance risk with smooth seller onboarding experiences.
Financial services organizations around the world look to Provenir to help them solve this exact problem. Using our technology, financial services providers like you are able to deliver enhanced digital merchant onboarding experiences powered by an agile platform that supports fully automated onboarding, fraud and AML processes, KYC and risk decisioning.
Benefits
Onboard merchants faster, without increasing risk.
From marketplaces to payment processors, Provenir enables businesses around the globe to power digital merchant onboarding in real-time. Easy data integration, instant KYC/KYB verification and powerful automation tools empower you to automatically approve new merchants.
Automate onboarding
Create a world-class digital merchant onboarding process with powerful automation tools. Streamline your digital onboarding using one platform to handle KYC, AML, transaction monitoring and risk analytics.
Respond + adapt
Rapidly adapt to regulatory changes and evolving risks using our no-code platform. Provenir makes it easy to stay ahead of compliance and new threats by empowering your business users to implement required changes, and process updates in minutes.
Enhance decisioning
Make more accurate decisions with advanced data analytics, predictive modeling and machine learning capabilities. Provenir’s model-agnostic products eliminate recoding, so your team can work in the language that best fits your needs.
Learn + adjust
Get real-time insights into your onboarding success using Provenir’s Business Intelligence solution. Simply connect your real-time decisioning data to identify opportunities and track KPIs. Go one step further with integrated machine learning and AI capabilities to learn from your onboarding data.
Collaborate + innovate
Power the collaboration that drives innovation with visual tools that bridge the gap between risk, credit, analytics and development teams. Provenir also eliminates the vendor reliance that holds you back, with a no-code user interface that enables your team to rapidly deploy new strategies.
Simplify integration
Don’t let data access challenges slow you down — Provenir’s Data Marketplace connects you to a huge range of data sources. Whether you’re focused on specific countries or have a worldwide rollout plan, we offer data to support your needs.
Our platform makes us unique. Our results make you stand out.
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.”
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.”
Magnus Silfverberg, CEO, Bisnode
“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.”
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.”
Brian Billingsley, 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.”
Companies like you choose Provenir
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 Decisioning platform, SoFi was able to complete the project and go live in a shorter timeframe (within 10 weeks) with a small but efficient development team (representing a reduction in development resources of 44 percent) and at a cost that was over 57 percent less than the cost of development of similar application platforms.
Doruk Faktoring
Doruk Faktoring’s mission is to expand their portfolio of corporate clients by serving micro and mid SMEs and to provide the fastest and easiest faktoring solutions using digital channels and analytics solutions.
Pinjam Modal
Pinjam Modal wanted to assess loan applicants more accurately using traditional and alternative data. Enter Provenir AI’s predictive scoring model.
Flexiplan
Provenir’s flexible platform, which can be seamlessly adapted to various markets, will be a great ally for Flexiplan as it expands its business.
Resources to dig a little deeper
The Algorithm Challenge – Using AI for Risk Decisioning
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Driving a Better Consumer Experience in Auto Financing
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Celebrating World Health Day 2022 – #HealthierTomorrow
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Our reach is global
Provenir operates around the world, providing you with the data, technology and support you need to power a global business. We’re your go-to partner, regardless of time zone.