PARSIPPANY, NJ–(BUSINESS WIRE)–Provenir, a global leader in AI-powered risk decisioning software, today announced that its AI-powered decisioning platform has been named a gold winner in the “AI Platform” category of Juniper Research’s Future of Digital Awards – Fintech & Payments.
The Fintech & Payments Award program honors the very best technologies across the fintech, payments, fraud and security, banking and blockchain sectors. Since 2008, the Juniper Research Future Digital Awards have been awarded to technology companies at the forefront of their respective fields: companies that deliver imaginative, innovative products or services that have the potential to disrupt their ecosystems and deliver significant benefits to their target audience.
Provenir’s industry-leading AI-Powered Decisioning Platform empowers fintechs and financial services organizations to unlock the true value of data, combining universal data access with simplified AI and automated real-time decision making. With data and AI more accessible and more applicable than before, financial institutions can automate complex decisions that drive world-class customer experiences, addressing identification, credit and fraud for faster onboarding and serving.
According to a recent study, AI-enabled risk decisioning is seen as key to driving improvements in many areas, including fraud prevention (78%), automating decisions throughout the credit lifecycle (58%), improving cost savings and efficiency (57%). ), more competitive pricing (51%) and improved accuracy of credit risk profiles (47%). The study also showed that 55% percent of respondents who plan to invest in an automated credit risk decision system consider AI as one of the most important features.
“Provenir is honored to be named a gold winner for AI platforms in Juniper Research’s Future of Digital Awards and to be among a prestigious group of award winners for innovative technology advancing the fintech and payments sectors,” said Kathy Stares, Executive Vice President Americas at Provenance. “Provenir’s AI-powered decision platform provides a comprehensive real-time view of decision performance, easy access to third-party and historical data, and automated and auto-optimized AI, enabling organizations to deliver intelligent decisions necessary to grow their business. ”
About Provenir
Provenir helps fintechs and financial services providers make smarter decisions faster with our AI-powered Risk Decisioning Platform.
Provenir brings together the three essential components needed – data, AI and decisions – into one unified risk decision solution to help organizations deliver world-class consumer experiences. This unique offering empowers organizations to drive decision innovation throughout the customer lifecycle, drive improvements in customer experience, access to financial services, business agility and more.
Provenir works with disruptive financial services in more than 50 countries and processes more than 3 billion transactions annually.
