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Provenir Builds on Global Presence with Expansion into Canada

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Provenir Builds on Global Presence
with Expansion into Canada

Provenir Builds on Global Presence with Expansion into Canada

Provenir opens Toronto office, led by Julie Mannella, to support growth into Canadian Financial Services Market

New Jersey, US – November 20, 2019Provenir, leader in decisioning and analytics software, today announced Toronto as the home for their new Canadian branch. The Toronto location will support Provenir’s expansion into Canada and act as a Provenir resource hub for clients in the region. The Toronto office builds on Provenir’s growing global footprint, which includes offices in the UK, Singapore, and the US.

Provenir’s Director of Sales, Julie Manella, based in the Toronto office, will spearhead the company’s expansion into the region. “Canada is home to incredibly innovative financial services companies, and we’re thrilled to join the thriving FinTech community in Toronto.” Says Mannella, “Our new Canadian footprint empowers us to form much closer partnerships with both new and existing clients across the region. We’re excited to join forces with lenders from coast-to-coast. It’s a fantastic opportunity to help them propel decisioning innovation forward with the implementation of sophisticated risk strategies.”

The Toronto office is located at the heart of the Financial District.

About Provenir

Provenir makes risk analytics faster and simpler for financial institutions. The Provenir risk analytics and decisioning platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. Helping clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning. Provenir serves clients across a broad range of financial verticals including consumer, cards, payments, ecommerce and auto financing. Provenir is headquartered in Parsippany, New Jersey with EMEA operations based in England, LATAM operations in Miami, and APAC operations in Singapore. For more information please visit www.provenir.com.

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Provenir Announces Expansion to Global Footprint with New Miami Location

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Provenir Announces Expansion to Global Footprint with New Miami Location

Provenir’s new Miami office, headed by Gaston Peralta, expands support for expansion into Latin America

New Jersey, US – July 22, 2019 – Provenir, leader in decisioning and analytics software, today announced Miami as the location for their latest regional branch. The Miami location expands support for Provenir’s growth into Latin America and provides clients with more convenient access to Provenir resources. The Miami office adds to Provenir’s global presence, which includes teams based in the UK, Singapore, and at their New Jersey headquarters.

Gaston Peralta, Provenir’s Director of Business Development for the LATAM region, heads the Miami team. “The growth of innovative financial service organizations in Latin America offers an exciting opportunity for Provenir.” Says Peralta, “And, with the addition of a Miami team, we’re in a much stronger position to help our clients in the region implement sophisticated risk strategies that power innovation in all areas of financial services. We’re thrilled to have the opportunity to work with new partners and support our existing clients growth throughout Latin America.”

The Miami office is located at the heart of the Miami Brickell Financial District.

About Provenir
Provenir makes risk analytics faster and simpler for financial institutions. The Provenir risk analytics and decisioning platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. Helping clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning. Provenir serves clients across a broad range of financial verticals including consumer, cards, payments, ecommerce and auto financing. Provenir is headquartered in Parsippany, New Jersey with EMEA operations based in England and APAC operations in Singapore.

For more information please visit www.provenir.com.

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Creditsafe Announces New Partnership with Provenir

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Creditsafe Announces New Partnership with Provenir

“This new approach to data will allow organizations to successfully deploy their risk strategies and in turn allow them to focus on providing their customers with a better experience”

Global business intelligence specialist Creditsafe has announced a new partnership with risk decisioning and data science solution Provenir to provide automated investment and credit risk decisioning to businesses.

The partnership will see Creditsafe incorporate Provenir’s risk decisioning and data science platform into its Connect API, allowing connection to major CRM and ERP systems. This will allow users to be able to access and analyse financial data regarding possible investment and lending opportunities in real-time. Thanks to this new partnership companies will be able to make more informed choices, reducing the risk of bad debt and empowering business growth.  Automating the credit check process will allow businesses to incorporate data concerning a company’s financial health into the onboarding process, reducing the need for manual data checks that take time and increase the likelihood of human error.

Read the full press release here.

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Dzone: Tom’s Tech Notes: Container Fails [Podcast]

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Dzone: Tom’s Tech Notes: Container Fails [Podcast]

Dzone’s latest podcast examines how devs and ops can go wrong with containers. The podcast features conversations that Dzone’s research analyst Tom Smith has had with software industry experts from around the world. Provenir’s Anand Shah’s joins industry leaders to contribute to this podcast.

Listen to the podcast at Dzone.com.

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The 2018 Dzone Guide to Microservices

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The 2018 Dzone Guide to Microservices

With the continued evolution of Microservices we are seeing more developers beginning to experiment with modular applications in both production and development. Dzone’s latest guide shares how top companies and fellow readers have adopted microservices and the challenges they’ve had to overcome. Look out for comments from Mike LaFleur, Provenir’s awesome Global Head of Solution Architecture.

Download the full guide at Dzone.com.

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The Data Disconnect: Why Even FinTechs Struggle

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The Data Disconnect:
Why Even FinTechs Struggle

Redefining the relationship with data, FinTech industry veteran and Managing Director of Provenir, Paul Thomas explores the data disconnect troubling financial institutions in this in-depth interview.

Paul Thomas has witnessed the data struggle firsthand in his work with both traditional financial institutions as well as disruptive fintech innovators. At first glance, the struggle doesn’t make sense. There’s no shortage of data—most organizations are drowning in data. It’s not the lack of tools that’s the problem—analytics-tools like Python are widely accessible. It’s not even a lack of talent, with some fintech firms employing the brightest data scientists from the most prestigious graduate programs. So what exactly are the issues that prevent financial organizations from fully using data and how can they be solved?

Thomas has a unique, perhaps even renegade, approach to solving data challenges. He believes that organizations need to reimagine their relationship with data and restructure their infrastructure to take advantage of new data sources and cloud-based technology partners.

In a fast-paced and far-reaching interview peppered with many industry examples and anecdotes, Thomas explains why—and most importantly, how—financial services providers can transform how they use data to deliver the products and services consumers want.

Read the full article here >> American Banker

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Saying Yes More: How GM Financial, Yapstone, and Insikt use Risk Analytics and Decisioning to Drive Business Growth

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Saying Yes More:
How GM Financial, Yapstone, and Insikt use Risk Analytics and Decisioning to Drive Business Growth

Provenir clients GM Financial, YapStone, and Insikt talk risk decisioning over on AmericanBanker.com today. The article delves into their risk decisioning processes and uncovers how robust risk analytics allow them to ‘say yes more’.

“To the outside world, loan decisions and payment approvals can seem like a simple yes or no decision: either the application is approved or it’s declined. However, the most successful financial services organizations know that determining a yes, no, or even maybe response requires a robust decisioning process that not only protects all parties, but also drives an organization towards its goals.

In today’s tech savvy world risk decisioning has become an artform that has the power to make or break a financial services organization in a number of ways, from its impact on user experience, to the risks it exposes the business to or protects it from. Businesses who embrace this new risk management artform are developing sophisticated risk decisioning processes that incorporate more than the traditional credit scores we all love to hate.

It’s no secret that digitization has created huge disruption within the financial services industry, replacing traditionally paper-based processes with tech-powered automated systems that make it possible to process loan applications and make payments instantly. But this ‘instant gratification’ culture has also created new opportunities for fraud and increased threats that have the potential to outsmart traditional risk decisioning processes that don’t keep up with the evolving risk landscape.

So how can businesses use risk decisioning not just as a form of protection but also as an opportunity to innovate and grow? GM Financial, Yapstone, and Insikt are three examples of organizations that are using strategic tech partnerships to create sophisticated risk decisioning processes that secure their positions as industry leaders.”

Read the full article at AmericanBanker.com to learn more about how these three innovative businesses are using smarter risk decisioning to drive business growth, expand market opportunities, and improve the consumer experience.

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Veejay Jadhaw Named Chief Technology Officer

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Veejay Jadhaw
Named Chief Technology Officer

We are pleased to announce that Veejay Jadhaw has been named Provenir’s Chief Technology Officer. Veejay was most recently CTO and Head of Digital Innovation at Finastra, the world’s third largest fintech company. Prior to Finastra Veejay held significant roles with SAP and Microsoft. Veejay brings strong technical knowledge and outstanding leadership skills. He will be based in Parsippany, Provenir’s HQ.

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Provenir Extends Its Platform to Support Python

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Provenir Extends Its Platform to Support Python

Pre-integration with the powerful programming language will make it even easier to operationalize complex credit risk models – with added artificial intelligence (AI).

New York, NY –  Date February 2018 – Provenir has expanded its risk analytics and decisioning platform to support the increasingly popular programming language Python. The platform’s new pre-built connectivity with Python will ultimately help data scientists and risk professionals create more sophisticated statistical models at higher speeds – using AI to drive faster, more reliable credit risk decisions.

Python is a powerful, interpretive language based on open source software, with access to an ever-widening range of algorithms and data libraries. Its speed, flexibility, stability and ease of integration with almost any information source have made it today’s go-to tool for data scientists. And because it works so well with AI, Python enables you to build self-sufficient models that process historical data, bringing new levels of machine learning to risk decisioning.

“Our platform’s pre-integration with Python opens exciting new possibilities for developing and operationalizing credit risk models,” says Paul Thomas, Managing Director at Provenir. “In the lending space, non-linear models with a greater number and variety of data variables can gain a more accurate picture of prospective customers – and potentially reach new demographics without increasing credit risk. When accessed through Provenir, Python’s power, flexibility and AI capabilities will help providers bring such complex risk analytics to market more quickly.”

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Provenir Partners in Japan

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Provenir Partners in Japan

Provenir has recently signed a partnership agreement with the Global Winning Technology Corporation to target Japan for its risk analytics and decisioning technology. GWT was started to address the critical need for progress for financial companies in Japan.

Yukio Sakamoto, President and Founder of GWT, sits down with Provenir’s Paul Thomas in this inclusive one-on-one interview to talk about the state of Japan’s financial industry. 

 GWT | Provenir

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