Multi-Faceted Fraud Response Strategies for Financial Services
Our VP of Product Management for Fraud Solutions, Sophia Qureshi, recently returned to the AI in Financial Services podcast to discuss the topic of multi-faceted fraud response strategies for financial services.
Today’s guest is Sophia Qureshi, VP of Product Management for Fraud Solutions at Provenir. Provenir is a fintech company whose AI decisioning platform helps clients manage credit risk, prevent fraud, and stay compliant across the customer lifecycle. Sophia joins the podcast to discuss the evolving threat landscape and how AI is changing the balance of power. Later, she explains the ways fraud detection has traditionally relied on deterministic technologies like anomaly detection and how the rise of generative AI has enabled more sophisticated fraud tactics, from deepfake identity forgeries to large-scale phishing campaigns. If you’ve enjoyed or benefited from some of the insights of this episode, consider leaving us a five-star review on Apple Podcasts, and let us know what you learned, found helpful, or liked most about this show!
The Fintech Diaries Podcast: Fighting Fraud with Provenir
How AI is Securing Finance
Check out this exciting episode of The Fintech Diaries Podcast, featuring Jason Abbott, Provenir’s Director of Fraud Solutions. In this episode, Jack Tyrrell dives deep with Jason to explore the transformative power of AI and cutting-edge technology in fraud prevention. Get insights into Provenir’s innovative fraud detection tools, the role of data and AI, and a behind-the-scenes look at the tech and talent driving change in the fight against financial crime. Listen Now!
Carbon’s Ceci López and Kike Fashola Are Banking on Nigerian Fintech Innovation
These risk leaders are disrupting the status quo across Africa’s fintech landscape.
As the fintech industry matures, more and more women leaders are driving innovation forward. Kike Fashola and Cecelia Lopez are two of them, heading up credit risk decisioning at Nigerian digital bank, Carbon. Join us as we revisit their conversation with Provenir’s Adrian Pillay, originally aired in September 2023:d more sophisticated fraud tactics, from deepfake identity forgeries to large-scale phishing campaigns. If you’ve enjoyed or benefited from some of the insights of this episode, consider leaving us a five-star review on Apple Podcasts, and let us know what you learned, found helpful, or liked most about this show!
In our first EMEA-focused episode, host Adrian Pillay sits down with digital bank Carbon’s Ceci López (Head of Decisioning) and Kike Fashola (Chief Risk Officer) to take a look at the relationship between risk and reward and the future of fintech in Nigeria.
They dig into topics like using data science to support innovation, how to drive adoption of emerging tech in an emerging market, and some of the implications we may not always think of when we talk about AI in risk management.
What’s in store for Europe, the Middle East, and Africa in 2024?
Today, Frode Berg (Managing Director, EMEA) and Adrian Pillay (VP of Sales for Africa, the Middle East, and Turkey) look into their crystal balls to try to answer that question, sharing insights on important developments from 2023 and how they inform the priorities of 2024 across the region.
They break down the rising prevalence of AI, how other initiatives like net zero are shaping business strategies, and the outlook on fintech in emerging markets. Tune in to see how their predictions stack up!
James Syron joined the financial services industry after seeing the gaps in traditional credit assessment firsthand.
As DirectID’s Partner Manager, James is committed to preventing others from making the harmful credit decisions he did in his youth. And that’s why he’s so passionate about open banking and its impact on financial education and inclusion.
He sat down with North America host Kathy Stares to dive into the brave new world of open banking – what it means for consumers, SMEs, and lenders themselves. How has the use of alternative data grown in recent years? Who’s willing to share it? What impact does it have on risk assessment? We’ll answer these questions and more on today’s episode of The Disruptor Sessions.
We’re using 2023 hindsight to predict the biggest trends in financial services for 2024.
For our first episode of Season 2, our Provenir hosts share their insights on the biggest lessons from 2023 and gaze into their crystal balls to forecast what 2024 might look like across the industry.
Listen in for the unique, on-the-ground perspectives from hosts Kathy Stares for North America, Bharath Vellore for APAC, and José Vargas for LatAm.
From digitization, to credit inclusion, to operationalizing technology – and, yes, AI – our leaders break down the nuances in their regions and the trends you can’t miss.
Listen Now
Tune into our Podcast on Apple or Spotify by clicking the icons below.
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The Panelists:
Kathy Stares
Kathy Stares is the Executive Vice President of North America at Provenir, a global leader in AI-powered risk decisioning software. As a member of Provenir’s executive team, she is introducing creative account management approaches to support the company’s aggressive growth strategy.
Kathy brings more than 20 years of experience in fintech and has a deep knowledge and curiosity about risk decisioning innovation. She’s passionate about helping organizations leverage data and technology to build world-class experiences for their customers.
Prior to joining Provenir, Kathy was Chief Customer Officer at enStream, Canada’s provider of mobile verification services. Kathy received a Bachelor of Arts degree from the University of Toronto and attained the Women of Influence certificate. Kathy also volunteers for the Menttium organization.
Bharath Vellore
As General Manager of Asia-Pacific at Provenir, Bharath is spearheading the effort to expand Provenir’s presence in the region. He is driving the company’s strategy to quickly increase engagement with the growing number of fintechs and innovative banks seeking access to industry-leading data and AI-powered risk decisioning software for real-time credit decisioning. Vellore oversee all regional business operations including sales, pre-sales, professional services, and customer success.
Bharath brings more than 15 years of experience working with Financial Services driving revenue growth, regional expansion and business development. Prior to joining Provenir, Vellore held leadership positions at LexisNexis Risk Solutions and Dow Jones.
José Vargas
José Vargas is the executive vice president and general manager for Provenir Latin America. In this role, Vargas is responsible for leading Provenir’s ambitious expansion plans to triple its footprint in the region.
During his career, José has built and led successful sales, business development and consulting teams. He is passionate about financial inclusion, technology and inspiring a high-performance culture.
Prior to joining Provenir, Jose served in various leadership positions at FICO including Senior Business Consultant in Americas and Asia, Regional Senior Director in LAC, and Vice President & Managing Director for Western Europe & Israel. Prior to joining FICO, José spent five years in the financial services industry of Mexico and Latin-America working for Scotiabank and Citibank.
Kathy Stares
Kathy Stares is the Executive Vice President of North America at Provenir, a global leader in AI-powered risk decisioning software. As a member of Provenir’s executive team, she is introducing creative account management approaches to support the company’s aggressive growth strategy.
Kathy brings more than 20 years of experience in fintech and has a deep knowledge and curiosity about risk decisioning innovation. She’s passionate about helping organizations leverage data and technology to build world-class experiences for their customers.
Prior to joining Provenir, Kathy was Chief Customer Officer at enStream, Canada’s provider of mobile verification services. Kathy received a Bachelor of Arts degree from the University of Toronto and attained the Women of Influence certificate. Kathy also volunteers for the Menttium organization.
Bharath Vellore
As General Manager of Asia-Pacific at Provenir, Bharath is spearheading the effort to expand Provenir’s presence in the region. He is driving the company’s strategy to quickly increase engagement with the growing number of fintechs and innovative banks seeking access to industry-leading data and AI-powered risk decisioning software for real-time credit decisioning. Vellore oversee all regional business operations including sales, pre-sales, professional services, and customer success.
Bharath brings more than 15 years of experience working with Financial Services driving revenue growth, regional expansion and business development. Prior to joining Provenir, Vellore held leadership positions at LexisNexis Risk Solutions and Dow Jones.
José Vargas
José Vargas is the executive vice president and general manager for Provenir Latin America. In this role, Vargas is responsible for leading Provenir’s ambitious expansion plans to triple its footprint in the region.
During his career, José has built and led successful sales, business development and consulting teams. He is passionate about financial inclusion, technology and inspiring a high-performance culture.
Prior to joining Provenir, Jose served in various leadership positions at FICO including Senior Business Consultant in Americas and Asia, Regional Senior Director in LAC, and Vice President & Managing Director for Western Europe & Israel. Prior to joining FICO, José spent five years in the financial services industry of Mexico and Latin-America working for Scotiabank and Citibank.
Divorcing your bank, debunking long-standing myths, advancing emerging tech, and approaching data ethically…
What do these topics all have in common? They’re innovative ideas our thought leaders have shared with us in our very first season of The Disruptor Sessions.
We’ve loved having fascinating conversations with our brilliant guests, so for our final episode of 2023, we’re looking back at some of the hot topics we couldn’t stop talking about. Tune in for global insights on financial inclusion, artificial intelligence, alternative data and open banking, and – our bread and butter – innovation across financial services.
We hope you’ve enjoyed season 1 and we can’t wait to see you again next year for season 2!
Listen Now
Tune into our Podcast on Apple or Spotify by clicking the icons below.
Apple Podcast
Spotify Podcast
The Panelists:
Aaron Webster
SoFi’s Aaron Webster Wants to Make It Easier to Divorce Your Bank
What’s SoFi’s secret to differentiation in a crowded fintech ecosystem? Where should we look to find the next big disruption for American financial services? North America host Kathy Stares sits down with SoFi’s Chief Risk Officer, Aaron Webster, to answer these questions and more in our very first episode of The Disruptor Sessions.
Though they used to be invisible, today they might be the future of the credit market. On this episode of The Disruptor Sessions, we’re exploring the new-to-credit (NTC) population. Though they used to be invisible, today they might be the future of the credit market.
North America host Kathy Stares (Provenir’s EVP, Americas) and TransUnion’s VP of International Research and Consulting, Nidhi Verma, discuss the immense opportunities in engaging this powerful group. Drawing from TU’s recent report on NTCs, they debunk the myths around risk, define the business case for financial inclusion, and develop a vision of what the future of financial inclusion could look like globally.
Kike Fashola & Ceci López
Carbon’s Ceci López and Kike Fashola Are Banking on Nigerian Fintech Innovation
These risk leaders are disrupting the status quo across Africa’s fintech landscape. In our first MEA-focused episode, host Adrian Pillay sits down with digital bank Carbon’s Ceci López (Head of Decisioning) and Kike Fashola (Chief Risk Officer) to take a look at the relationship between risk and reward and the future of fintech in Nigeria.
They dig into topics like using data science to support innovation, how to drive adoption of emerging tech in an emerging market, and some of the implications we may not always think of when we talk about AI in risk management.
Costin Mincovici
tbi Bank’s Costin Mincovici Wants to See More ‘Aha’ Moments in Digital Banking
Costin Mincovici, tbi Bank’s Chief Credit Officer, is a risk leader that likes to say yes. Yes to mobile-first financial services, yes to digital banking disruption, and yes to multi-country risk strategies that offer the accessible experiences that can make or break a provider.
He shares his insights with our EMEA host and Provenir’s regional leader, Frode Berg. They explore everything from the ethical implications of data usage, to market approaches that protect the interests of both the customer and bank, to the “aha” moments Costin hopes to see more of across fintech.
Aaron Webster
SoFi’s Aaron Webster Wants to Make It Easier to Divorce Your Bank
What’s SoFi’s secret to differentiation in a crowded fintech ecosystem? Where should we look to find the next big disruption for American financial services? North America host Kathy Stares sits down with SoFi’s Chief Risk Officer, Aaron Webster, to answer these questions and more in our very first episode of The Disruptor Sessions.
Though they used to be invisible, today they might be the future of the credit market. On this episode of The Disruptor Sessions, we’re exploring the new-to-credit (NTC) population. Though they used to be invisible, today they might be the future of the credit market.
North America host Kathy Stares (Provenir’s EVP, Americas) and TransUnion’s VP of International Research and Consulting, Nidhi Verma, discuss the immense opportunities in engaging this powerful group. Drawing from TU’s recent report on NTCs, they debunk the myths around risk, define the business case for financial inclusion, and develop a vision of what the future of financial inclusion could look like globally.
Kike is a graduate of Covenant University, where she majored in Industrial Mathematics.
Kike is a positive and proactive individual who is always looking for ways to improve. She is not afraid to challenge the status quo and is always looking for the silver lining.
Kike Fashola & Ceci López
Carbon’s Ceci López and Kike Fashola Are Banking on Nigerian Fintech Innovation
These risk leaders are disrupting the status quo across Africa’s fintech landscape. In our first MEA-focused episode, host Adrian Pillay sits down with digital bank Carbon’s Ceci López (Head of Decisioning) and Kike Fashola (Chief Risk Officer) to take a look at the relationship between risk and reward and the future of fintech in Nigeria.
They dig into topics like using data science to support innovation, how to drive adoption of emerging tech in an emerging market, and some of the implications we may not always think of when we talk about AI in risk management.
He has held various leadership roles at leading Credit Risk companies such as TransUnion, Dun & Bradstreet, Experian and FICO. He is Vice President of Sales at Provenir, and is responsible for its business in Middle East and Africa.
Costin Mincovici
tbi Bank’s Costin Mincovici Wants to See More ‘Aha’ Moments in Digital Banking
Costin Mincovici, tbi Bank’s Chief Credit Officer, is a risk leader that likes to say yes. Yes to mobile-first financial services, yes to digital banking disruption, and yes to multi-country risk strategies that offer the accessible experiences that can make or break a provider.
He shares his insights with our EMEA host and Provenir’s regional leader, Frode Berg. They explore everything from the ethical implications of data usage, to market approaches that protect the interests of both the customer and bank, to the “aha” moments Costin hopes to see more of across fintech.
tbi Bank’s Costin Mincovici Wants to See More ‘Aha’ Moments in Digital Banking
Costin Mincovici, tbi Bank’s Chief Credit Officer, is a risk leader that likes to say yes.
Yes to mobile-first financial services, yes to digital banking disruption, and yes to multi-country risk strategies that offer the accessible experiences that can make or break a provider.
He shares his insights with our EMEA host and Provenir’s regional leader, Frode Berg. They explore everything from the ethical implications of data usage, to market approaches that protect the interests of both the customer and bank, to the “aha” moments Costin hopes to see more of across fintech.
TDS Mini: Can Financial Services Really Be Intelligent?
Today’s TDS Mini tackles a question that may sound philosophical, but pulls together an answer built from data, technology, and good old industry knowledge.
In this mini episode, our North America host and Executive Vice President of Americas, Kathy Stares, finds herself in the hot seat. She shares insights on the transformative power of alternative data, the tech that enables it, and what we really mean when we talk about intelligent financial services.
TDS Mini: Reducing Biases with Alternative Data and AI
Fair and accurate: these are the hallmarks every lender strives for when making risk decisions.
But the truth is, humans can’t always achieve that goal on our own. That’s why the use of AI and alternative data has been such an exciting development for credit providers – they can help improve financial inclusion and power credit decisions that have the potential to change lives.
In this TDS Mini, join Finovate’s David Penn and Provenir’s Carol Hamilton for an overview on the impact of these tools and best practices for using them.
