Challenge: Use Case: E-commerce
Resurs Bank specializes in providing e-commerce financing, consumer credit, unsecured loans and credit cards in the Nordic region.
www.resursbank.se
Provenir Solution:
Decisioning Cloud
With several acquisitions and plans to enter the Danish e-commerce market, Resurs Bank needed a credit risk decisioning solution that would support growth and deliver faster response to customers. In particular, the bank wanted to create a uniform credit approval process, make better use of information about customer behavior and enhance its e-commerce experience. It also wanted to increase business agility by eliminating the need for IT assistance whenever credit scoring models required changes.
“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.” Frederick Ridaeus, Nordic Credit Manager