Data Sheet: Industry Leaders Prefer Provenir

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Industry Leaders Prefer Provenir

Streamlined Integrations. Reduced Vendor Reliance. Robust Decisioning Capabilities.

In the dynamic landscape of financial services, strategydriven decisioning across identity, fraud, and credit is a pivotal driver in shaping a business’s future success. And with so much at stake, large, clunky legacy solutions can’t provide the customizable, integrated experience today’s top credit providers need to maintain a competitive edge.

“We found that Provenir outperformed their competitors in the areas where we sought excellence – time to market, functionality, flexibility and technology. With the Provenir solution we will be able to consolidate the systems supporting credit decisions across our whole group onto one platform.”

- Nordic Credit Manager, Resurs Bank The Leading Nordic Retail Finance Bank

That’s why more industry leaders have switched to Provenir’s AI-powered decisioning platform. With embedded machine learning and simplified data orchestration, organizations are powering enhanced decisioning accuracy, speed, and agility across the customer journey.

With Provenir’s award-winning platform as a single, centralized solution for holistic decisioning across their portfolio, businesses can gain deeper insights into customer behavior, strategy success, and potential risks, enabling them to make proactive, datadriven, AI-optimized decisions. Organizations are empowered to strike a balance between risk management and customer-centric experiences, while driving sustainable success and resilience in an ever-evolving landscape.

Leaders are Choosing Provenir for:

• Ease of integration and aggregation

• Improved autonomy and reduced reliance on vendors

• Robust AI-powered decisioning capabilities

• Platform flexibility and breadth

• Better solution reliability and seamless scalability

• Accelerated go-to-market launches

15+ Organizations Have Replaced Legacy Vendors with Provenir in the Past 18 Months

Ease of integration and aggregation Marketplace Use case-agnostic platform

3rd party model consumption

Get to market quickly

Autonomy, reduced reliance on vendor

Serving Providers Across the Globe

Reliability and scalability

Flexibility and breadth of platform

Decisioning capabilities

Meet Strategic Goals, Manage Risk, and Maximize Customer Value

With Provenir, you don’t have to compromise risk for growth - you can have it all.

Benefits

• AI-optimized decisioning that uses the right data to approve more customers with the right risk decisions

• Flexible, scalable platform that optimizes decisions across credit, fraud, and compliance for the entire customer lifecycle

• Rapid deployment gets you to market in as little as 90 days

• Low-code platform that increases autonomy and reduces vendor reliance to save time and cost

• Embedded machine learning that hyperpersonalizes product offerings along each point of the customer journey

• Access, integrate, and orchestrate alternative data and bureau data to feed directly into your decisioning engine

• Proactive risk management from onboarding through collections

• Predictive portfolio performance analysis and deep business insights that enable forwardthinking risk strategies

• Seamless solution integration with swift setup and real-time iteration to boost innovation

• Customizable processes that support seamless integration of manual intervention into automated flows

Customer Results

System Launch:

91% faster system launch with tens of millions of dollars saved.

EMEA Tier 1 Bank

Operational Agility:

Eliminated vendor reliance and saved $500k in change fees

Optimal Efficiency:

92% faster implementation on a single platform (down from 2)

Credit Card Provider

Data Execution:

80% faster data aggregation, customization, and transfer time

Global FinServ Provider

Market Expansion:

<6-month completion for new market launch

Credit Provider

Product Launch:

88% faster go to market timeline.

Digital Bank

“Provenir performs exactly as predicted. The software is very robust and is meeting our expectations for the flexibility and level of execution we require. We need to be able to rapidly experiment new ideas, iterate, and innovate faster than our competitors. That’s why we chose Provenir.”

- Global Head of Decision Engineering

“The flexibility of Provenir allows us to create our own risk decisioning workflows that can easily connect with any data source.

- Managing Director, Business Cash Flow Awards

Named Winner for Excellence in “Fintech of the Future – Data & Insight” category for the Banking Tech Awards USA 2023

Finalist for Asia Fintech Awards’ LendTech of the Year

Awarded Best AI-Driven Credit Decisioning Solution Provider of the Year at annual Africa Bank 4.0 Awards for North Africa

Wins second consecutive “Data Solution of the Year for Finance” award in Data Breakthrough Awards

Finalist in the “Best Technology Provider” category in the Credit Strategy Credit Awards 2023.

Named to the Credit & Collections Technology Power List of top 20 companies in 2022

Explore What’s Possible with Provenir

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