Skip to main content

Resource: News

ryt bank PR

Ryt Bank, The World’s First AI-Powered Bank, Selects Provenir for AI Risk Decisioning

Written by provenirmulti on . Posted in News.

Ryt Bank, The World’s First AI-Powered Bank,
Selects Provenir for AI Risk Decisioning

Provenir’s AI Decisioning Platform will support real-time credit risk assessment,
personalized consumer loan approvals and automated compliance checks

Parsippany, NJ – July 23, 2025 – Provenir, a global leader in AI risk decisioning software, today announced it has partnered with Ryt Bank – The World’s First AI-Powered Bank to embolden the company’s innovation and mission to deliver banking done right with speed, simplicity, and innovation.

Ryt Bank has selected the Provenir AI Decisioning Platform to power faster credit decisions and more personalized customer offers for its consumer lending products.

As a newly licensed digital bank, Ryt Bank aimed to rapidly launch a consumer lending product that aligns with its AI-first approach. The challenge was to implement a decisioning infrastructure capable of delivering instant, personalized loan approvals while ensuring compliance with regulatory standards and risk management best practices.

Ryt Bank selected Provenir’s AI Decisioning Platform to support real-time credit risk assessment for instant loan approvals, and for its ability to surface data insights for personalized loan offers based on AI-driven customer profiling. Provenir will also play a crucial role in automating compliance checks to meet regulatory requirements while providing continuous learning models to adapt to changing market dynamics. Finally, Provenir will support fast, accurate decisions to elevate the customer experience, supporting Ryt Bank’s mission to deliver smarter, faster finance and create meaningful impact for all Malaysians.

“Ryt Bank is taking digital banking to a new level with its AI-first approach and we are excited to be a part of its journey… Our AI Decisioning Platform will provide the foundation for Ryt Bank to help reach its business goals via AI-driven decisioning that meets customer expectations for near instant approvals and highly personalized digital interactions.”

Kavinesswaran Karthigasan, Head of APAC, Provenir.

Explore Our AI-Decisioning Platform

Read More

LATEST NEWS

Continue reading

Forrester

Provenir Named a Strong Performer in Debut Inclusion in 2025 AI Decisioning Platforms Report 

Written by provenirmulti on . Posted in Landing Pages.

REPORT

Provenir Named a Strong Performer in Debut Inclusion in 2025 AI Decisioning Platforms Report

Unlock Growth Potential – Without Compromising on Risk

In its debut inclusion, Provenir has been recognized as a Strong Performer in The Forrester Wave™: AI Decisioning Platforms, Q2 2025. The report notes, “Provenir best fits customers who want an all-in-one decisioning solution that includes credit risk, fraud and identity management, collections, and customer management.”

Why We Believe Provenir Stands Out:

  • All-in-One Decisioning:

    Combines data, decisioning, and AI-powered analytics for smarter, faster decisions.

  • Best-in-Class Usability:

    Top ratings for cohesive and intuitive user experience – ensuring high productivity and adoption in weeks not months.

  • Flexible & Scalable:

    Low-code tools empower business users to build and adapt decision strategies without IT.

  • Intelligent Decisions:

    Maximize customer lifetime value and minimize risk with AI Decisioning across the customer lifecycle.

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here.

Get The Full Forrester Report

LATEST NEWS

Continue reading

Forrester

Forrester Wave 2025 PR

Written by Anna Maria Giaquinto on . Posted in News.

Provenir Named a Strong Performer in 2025 AI Decisioning Platforms Report by Independent Research Firm

Per the report, “Provenir best fits customers who want an all-in-one decisioning solution that includes credit risk, fraud and identity management, collections, and customer management.”

Parsippany, NJ – July 14, 2025 – Provenir, a global leader in AI risk decisioning software, today announced it has been recognized as a “Strong Performer” in “The Forrester Wave™: AI Decisioning Platforms, Q2 2025” report.

Forrester evaluated 15 top AI decisioning platform providers against 18 criteria, assessing Current Offering, Strategy, and Customer Feedback.

Per the report, “Provenir’s strategy is to focus on the full credit decisioning lifecycle with prebuilt solutions built on top of the platform to optimize go-to-market resources. However, the platform is quite capable of handling any decisioning use case, giving the company the opportunity to diversify. The company provides solid implementation resources, aiding customer onboarding for enterprise clients. It also facilitates additional services, contributing to effective deployment of decisioning solutions.”

The Provenir AI Decisioning Platform received the highest possible marks in both the cohesive experience and intuitive experience criteria. When looking at the platform capabilities, the Forrester report noted, “Provenir excels in a cohesive user experience, delivering a unified interface with consistent design, as well as an intuitive user experience, boosting productivity for business and technical users.”

The report also states, “Provenir best fits customers who want an all-in-one decisioning solution that includes credit risk, fraud and identity management, collections, and customer management.”

“We are honored to be designated a Strong Performer in our inaugural placement in a Forrester Wave evaluation. Too often organizations have primarily focused on risk mitigation in customer decisioning, while missing moments to build trust, loyalty, and lifetime value. But every interaction is a chance to both manage risk and unlock value in a hyper-personalized way. That balance is where modern AI decisioning excels, and this is exactly what we do at Provenir.”

Carol Hamilton, Chief Product Officer for Provenir

Provenir’s AI Decisioning Platform combines data, decisioning, and decision intelligence to enable smarter, faster decisions across the entire customer lifecycle – from onboarding and application fraud to credit risk, customer management, and collections.

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here.

The “Forrester Wave”: AI Decisioning Platforms 2025, Q2 2025

Read More

LATEST NEWS

Continue reading

Bai news

Beyond Detection: An AI-Powered Approach to Proactive Fraud Prevention

Written by provenirmulti on . Posted in News.

Beyond Detection: An AI-Powered Approach to Proactive Fraud Prevention

Financial institutions need the automation, efficiency and pattern-building prowess that artificial intelligence delivers to match fraud’s evolving speed.

As fraudsters continue to exploit new technologies, financial institutions face mounting pressure to outpace increasingly sophisticated threats without compromising customer experience. Traditional fraud detection methods are no longer enough. In this article, Jason Abbott, Director – Fraud Solutions at Provenir, explores how AI-powered decisioning and real-time data orchestration are redefining fraud prevention. Discover how forward-thinking institutions are shifting from reactive defences to proactive strategies—protecting both their customers and their bottom line.

Read More

Bai-by-Prosight

Fraud Prevention and Provenir

Read More

LATEST NEWS

Continue reading

provenir and atom bank

Atom Bank Selects Provenir for Risk Decisioning and Data Orchestration

Written by provenirmulti on . Posted in News. No Comments on Atom Bank Selects Provenir for Risk Decisioning and Data Orchestration

Atom Bank Selects Provenir for Risk Decisioning and Data Orchestration

The UK’s first app-based bank to deploy Provenir’s award-winning AI Decisioning Platform to support multiple consumer and business banking products

Parsippany, NJ – April 28, 2025 – Provenir, a global leader in AI risk decisioning software, today announced Atom Bank has selected the Provenir AI Decisioning Platform to streamline and modernize credit risk decisioning and data orchestration.

Atom Bank launched operations in April 2016 as the UK’s first app-based bank, offering mortgages and savings through its app, as well as secured business lending for small and medium-sized enterprises. It is currently the highest rated UK bank, savings bank and mortgage lender on Trustpilot.

With Provenir’s AI Decisioning Platform, Atom Bank is streamlining its data orchestration and decisioning in the areas of credit, fraud, and identity, across its residential mortgage, business banking secured lending, consumer savings, and Buy-to-let mortgages offerings.

“Atom Bank provides simple, well-designed mortgages and savings products that deliver ease, speed and value right to your device. As our customer base and operations continue to grow, our adoption of Provenir’s AI Decisioning Platform will reduce the complexities of managing multiple risk decisioning platforms while supporting our commitment to exceptional customer experience…Provenir demonstrated a deep understanding of what we were looking for in a modern, all-in-one decisioning and data solution that could scale to meet our growth plans.”

Chris Storey, Chief Commercial Officer

“We’re proud to partner with Atom Bank, which has quickly become one of the most innovative and successful challenger banks in the U.K.,” said Mark Collingwood, Vice President Sales Europe at Provenir. “Our AI-Decisioning Platform will help Atom Bank achieve its business objectives and customer experience aspirations to support its goal of being ‘the most customer-centric bank on the planet.’”

Provenir’s AI Decisioning Platform brings together the power of decisioning, data, and decision intelligence to drive smarter decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in customer experience, best-in-class fraud prevention, access to financial services, business agility, and more.

atom

About Atom Bank

Atom Bank is the UK’s first app-based bank, on a mission to make the experience of borrowing and saving faster, simpler and better value than anyone else.

The bank launched operations in April 2016, and offers award-winning mortgages and savings through its app, alongside secured business lending for small and medium-sized enterprises.

Based in the North East of England with a team of over 500 people, Atom is here to change banking for the good, for the better, and for everyone. This means focusing on customers’ needs, delivering better value than the incumbents, providing an exceptional app-based experience and offering award-winning customer support via phone, chat, email and social channels. The bank has some of the best customer service credentials in the UK, having achieved 5-star ratings on both the iOS and Android App Stores, and on Trustpilot, whilst consistently delivering Net Promoter Scores (NPS) in the high 80s.

Based in Durham, Atom is an engaged and active member of the North East Community. In 2022 Atom signed a five-year Memorandum of Understanding with Durham University to progress key research and diversity initiatives. The region has one of the highest levels of youth unemployment in the UK and Atom is passionate about addressing the critical digital skills gap and helping develop young people and other groups that are under-represented within the industry.

As of November 2021, all employees enjoy a four-day working week, after Atom became the largest company – and only bank – in Britain to introduce the policy for all employees, with no reduction in salary.

The Atom executive team are highly experienced, having built and run some of the most well-respected banks in the UK. CEO Mark Mullen has 30 years’ experience in the sector and was previously CEO at the multi- award-winning telephone and internet bank first direct. The team is supported by a strong non-exec board, chaired by Lee Rochford.

LATEST NEWS

Continue reading

fintec buzz article

Top 5 Trends Financial Institutions Need to Navigate in 2025

Written by provenirmulti on . Posted in News. No Comments on Top 5 Trends Financial Institutions Need to Navigate in 2025

Top 5 Trends Financial Institutions Need
to Navigate in 2025

The financial services world is moving fast, and 2025 is shaping up to be a big year for innovation. A new article from FintecBuzz dives into the trends driving that change — from the growing role of AI and embedded finance to the push for real-time, data-powered decisions. These shifts reflect a broader industry momentum: a move toward smarter, more flexible ways to manage risk and deliver better customer experiences.

Read More

fintec-buzz

Top 5 Trends in 2025

Read More

LATEST NEWS

Continue reading

AFJ

NEWS: A technology-driven approach puts the brakes on auto-lending fraud

Written by provenirmulti on . Posted in News. No Comments on NEWS: A technology-driven approach puts the brakes on auto-lending fraud

A technology-driven approach puts the brakes on auto-lending fraud

As fraud continues to surge across the auto lending space, lenders are turning to technology-driven solutions to protect their portfolios and customers. In this Auto Fin Journal article, we explore how real-time data, AI, and intelligent decisioning are redefining fraud prevention — enabling auto lenders to move faster, detect threats earlier, and make smarter, more confident decisions.

Read More

afj logo

Technology-driven approach puts the brakes on auto-lending fraud

Read More

LATEST NEWS

Continue reading

global fintech series

NEWS: The Shifting Consumer Credit Landscape Necessitates Credit Decisioning Platforms

Written by provenirmulti on . Posted in News. No Comments on NEWS: The Shifting Consumer Credit Landscape Necessitates Credit Decisioning Platforms

The Shifting Consumer Credit Landscape Necessitates Credit Decisioning Platforms

As consumer expectations evolve and economic conditions remain uncertain, the need for agile, intelligent credit decisioning has never been greater. In this guest article for Global FinTech Series, Michael Fife explores how modern, AI-powered platforms are transforming the way financial services organizations assess risk, deliver faster approvals, and meet the demands of a digital-first world. Read the full article to discover why the future of credit decisioning is already here.

Read More

Global-FinTech-Series

The Shifting Consumer Credit Landscape Necessitates Credit Decisioning Platforms

Read More

LATEST NEWS

Continue reading

datos insights

Datos PR

Written by provenirmulti on . Posted in News.

Datos Insights Spotlights Best-in-Class Data and Fraud Orchestration Capabilities of the Provenir AI Decisioning Platform

The platform enables organizations to stay ahead of fraud threats, with readily available data sources that can be easily integrated into decisioning workflows, AI model creation and monitoring

Parsippany, NJ – March 20, 2025 – As fraudsters continue to exploit any weaknesses in financial services systems, financial institutions must stay ahead of fraud threats, necessitating an integrated approach to risk decisioning across both fraud prevention and credit risk use cases.

Provenir, a global leader in AI risk decisioning software, is addressing this need, assisting more than 145 financial institutions and fintech firms worldwide, with its Provenir AI Decisioning Platform.

The “Orchestration Solution Fact Check: Provenir” by Datos Insights outlines the key components and features of the Provenir AI Decisioning Platform, including an overview of its flexible fraud orchestration, extensive marketplace of more than 150 third-party data and service providers, and a preview of the company’s product roadmap for 2025.

According to Datos Insights, “Provenir’s orchestration platform takes an integrated approach to risk decisioning across both fraud prevention and credit risk use cases. The platform’s low-code configuration capabilities and impressive marketplace of pre-built integrations enable organizations to implement sophisticated decisioning workflows, on a real-time basis, without extensive technical resources.”

The report also highlights Provenir’s continued focus on reducing the complexity of risk-decisioning to reach more non-technical users. The future roadmap of the platform “is focused on enhancing simulation capabilities and improving the business user interfaces, demonstrating Provenir’s commitment to making sophisticated risk decisioning more accessible to non-technical users while maintaining the flexibility needed for complex enterprise deployments.”

“Financial services providers face increasingly sophisticated fraud threats, economic uncertainty, and regulatory scrutiny, making real-time, AI-driven decisioning more critical than ever, … Yet poor data integration, lack of explainability, and weak fraud insights remain major barriers. Without seamless data orchestration and transparent AI, institutions risk ineffective fraud detection, more false positives, and missed threats—compromising security and performance. AI-driven fraud decisioning isn’t just about adoption; it requires a strong data strategy to unlock value, enhance explainability, and improve both fraud prevention and business outcomes.”

Carol Hamilton, Chief Product Officer for Provenir

The Provenir AI Decisioning Platform combines advanced analytics and machine learning to reduce false positives, minimize customer friction, and enhance application fraud detection for more accurate decision-making. A key attribute of the platform is its flexible and open approach to data orchestration, allowing organizations to tailor decisioning strategies to their risk tolerance. Unlike restrictive solutions, Provenir enables businesses to seamlessly swap in and out best-of-breed point solutions as fraud trends evolve, ensuring they stay ahead of emerging threats. Additionally, Provenir provides advisory services to help customers select the right data providers and identify key data attributes for detecting specific fraud behaviors.

The complete “Orchestration Solution Fact Check: Provenir” report by Datos Insights

Read the Report

LATEST NEWS

Continue reading

provenir sponsored event

NEWS: AI Risk Decisioning Leader Provenir to Sponsor Financial Services Events

Written by on . Posted in News. No Comments on NEWS: AI Risk Decisioning Leader Provenir to Sponsor Financial Services Events

AI Risk Decisioning Leader Provenir to Sponsor Upcoming Banking and Financial Services Events

Parsippany, NJ – February 19, 2025 – Provenir, a global leader in AI risk decisioning software, today announced its participation and sponsorship of three upcoming banking and fintech events focusing on key topics, including digital banking, banking trends, and policy and regulatory issues.

The events provide Provenir an opportunity to meet with financial services leaders to better understand the challenges they face amidst rising consumer debt, evolving digital banking platforms, and fraud mitigation. According to a recent survey by Provenir, nearly half of all financial services executives are struggling with managing credit risk and detecting and preventing fraud.

Details of the events include:

future digital finance connectFuture Digital Finance Connect 2025

Future Digital Finance Connect 2025
(Feb. 24-25, New Orleans)
The inaugural Future Digital Finance Connect is an exclusive, invitation-only gathering for senior digital and innovation leaders from top big banks, community banks, credit unions, credit cards and insurers. Provenir is a sponsor.

fintech meetupFintech Meetup

Fintech Meetup
(March 10-13, Las Vegas)
Fintech Meetup is the largest and most productive event for networking in the industry, bringing together fintech leaders to network, collaborate, and discuss industry issues. Provenir is a bronze sponsor and will be located at stand #2326.

cba liveCBA Live 2025

CBA Live 2025
(March 17-19, Orlando)
At CBA LIVE, retail banking professionals come to explore regulatory and policy issues, learn new trends, and share ideas that will improve their business strategies and better serve their customers. Provenir is a silver sponsor.

Provenir’s AI Decisioning Platform brings together the power of decisioning, data, and decision intelligence to drive smarter decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in the customer experience, best-in-class fraud prevention, access to financial services, business agility, and more.
LATEST NEWS

Continue reading