Banking
Banking
Discover next-generation decisioning technology.
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.
Make risk decisions faster than the competition without sacrificing your risk strategy.
Resources to dig a little deeper
Companies like you choose Provenir
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.