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Industry veteran will lead regional team to meet growing demand

Parsippany, NJ — Jan. 25, 2022 — Provenir, a global leader in AI-powered risk decisioning software, today announced Emre Ünlüsoy has been appointed Regional Manager, following a year of record growth and continued global expansion. Ünlüsoy will oversee sales operations, business development and go-to-market strategies for Turkey, Middle East and the Balkans as Provenir responds to growing demand in the region.

Ünlüsoy brings extensive industry experience to his new role, having spent the last 15 years gaining expertise in analytics, decision management, credit decisioning and thwarting financial crime. Prior to joining Provenir, Emre served as a Country Manager at FICO, responsible for operations in Turkey, Middle East and the Balkans. He also held leadership positions at SAS, Experian, BAE Systems, and Teradata.

“Emre is an outstanding leader with deep knowledge and experience in credit risk decisioning in the region and has a proven track record of successfully building teams,” said Frode Berg, Provenir’s Managing Director of EMEA. “We are seeing unprecedented demand from fintechs and challenger banks for real-time credit decisioning. They recognize that Provenir’s AI-powered decisioning platform brings together the three essential components of data, AI and decisioning and is the industry’s first, true risk-decisioning ecosystem. Emre is uniquely qualified to engage with these innovators to create new market offerings.”

“Provenir has revolutionized how risk decisions are made to meet the ‘real-time’ expectations of today’s consumer,” said Emre. “I am delighted to be joining such a visionary team and helping organizations increase both the speed and accuracy of decision making.”

Provenir’s AI-powered risk decisioning software is the industry’s first, true risk-decisioning ecosystem for financial services organizations. It provides a comprehensive real-time view of unified decisioning-performance, third-party and historical data, as well as automated analytics. Through one unified digital experience, users can create the platform-as-a-service (Paas) cloud solution that best fits their business needs.

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Appointment underscores company’s growing presence in the region.

Parsippany, NJ —Jan. 11, 2022 — Provenir, a global leader in AI-powered risk decisioning software, today announced Waldemar Faltenberg has been appointed Senior Sales Executive, DACH, following the company’s rapid growth in 2021 and increased demand for its products and services in the region. Faltenberg will manage sales operations for Austria, Germany and Switzerland as Provenir continues to expand its presence worldwide.

Faltenberg brings more than 15 years’ experience in financial servicesto his new role. Prior to joining Provenir, he served in senior sales management and consulting positions at BFS finance GMBH, VR Smart Finanz AG, VR Leasing AG and Coface, developing marketing strategies, building and expanding partnerships and guiding clients through digitalization projects to modernize their online channels. 

“Waldemar has a wealth of experience in the German banking market and in credit risk decisioning specifically,” said Frode Berg, Managing Director EMEA. “An increasing number of organizations in EMEA are selecting Provenir as their risk decisioning partner. Waldemar will spearhead our efforts to engage with fintech innovators and innovative banks seeking access to industry-leading AI-powered risk decisioning software for real-time credit decisioning.”

“I am excited to join Provenir at this pivotal time as demand for solutions enabling real-time processes is surging to meet customers’ desire for instant decisions,” said Waldemar. “The market for financial services solutions in DACH is growing rapidly, and I look forward to continuing to build upon Provenir’s momentum in the region.”

Provenir’s AI-powered risk decisioning software is the industry’s first, true risk-decisioning ecosystem. It provides a comprehensive real-time view of unified decisioning-performance, third-party and historical data, as well as automated analytics. Through one unified digital experience, users can create the platform-as-a-service (Paas) cloud solution that best fits their business needs.

What is a decision engine and how does it help your business processes?

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Hamilton brings experience in delivering value to customers through creation of innovative technology solutions

PARSIPPANY, NJ–Dec. 14, 2021 – Provenir, a global leader in AI-powered risk decisioning software, has appointed Carol Hamilton as the new Senior Vice President, Global Solutions, to accelerate the company’s business strategy and growth plan. In her new role, Hamilton will be responsible for leading and extending Provenir’s solutions including credit, fraud and identity and expanding Provenir’s market-leading cloud data offering, the Provenir Marketplace, to help customers tackle real business challenges and make smarter, faster decisions.

Hamilton brings rich experience in developing fraud, compliance and security solutions for the financial services industry. Prior to joining Provenir, Hamilton held senior leadership roles at GBG, SAS and BAE Systems leading regional teams responsible for creating long-term strategy, driving growth, and seeking new areas for expansion.

“We are thrilled to have Carol join our leadership team,” said Larry Smith, CEO and Founder. “Her wealth of experience in creating solutions that address specific challenges within the financial services industry will be integral to expanding our offerings to help fintechs and financial services organizations drive innovation and efficiency.”

“I’m delighted to join Provenir at such an exciting time,” Hamilton said. “The entire landscape of finance is changing, driven by the need for flexible solutions that can respond in real-time to ever changing consumer expectations, regulations and fraud. I look forward to working with the team at Provenir to help organizations build their processes and systems to provide the best experience for their customers.”

Connect with Carol on LinkedIn

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The Credit Awards celebrate innovation and best practices in the UK credit and financial services industry

Parsippany, NJ, Nov. 5, 2021 – Provenir, a global leader in data analytics software and risk decisioning, today announced it has been named finalist for the 2021 Credit Strategy Credit Awards in the “Best Technology Provider” category.

The Credit Awards are recognized as the gold standard within UK risk, credit and collections markets, honoring the individuals, teams and organizations that make up a vital part of the UK financial services sector.

Winners will be unveiled at the Credit Awards ceremony on Dec. 14 at the Grosvenor House Hotel in London.

“Provenir is honored to be named a finalist in the best technology category for this very prestigious awards competition that recognizes the stellar achievements of companies supporting the UK financial services market,” said Frode Berg, Managing Director, EMEA for Provenir. “With Provenir, financial institutions can improve their credit decisioning by leveraging more data in less time, reducing costs, and improving agility through better use of internal expertise and reduced reliance on outside IT support.” Provenir’s flagship product, Provenir AI-Powered Risk Decisioning Platform, is the industry’s first, true risk-decisioning ecosystem. It provides a comprehensive real-time view of unified decisioning-performance, third-party and historical data, as well as automated analytics. Through one unified digital experience offering four cloud products — decisioning, data, insights and solutions —users can create the platform-as-a-service (Paas) cloud solution that best fits their business needs.

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Company wins the “Credit Risk Solution” category for its Provenir AI-Powered Risk Decisioning Platform product that improves risk modeling

Parsippany, NJ, Nov. 5, 2021 – Provenir, a global leader in data analytics software and risk decisioning, today announced that it has been named a 2021 Credit & Collections Technology Awards winner in the “Credit Risk Solution” category.

The Credit & Collections Technology Awards highlight the success of companies and individuals across 21 categories who garnered technological achievements in the UK credit and collections sector in 2021. Winners were recognized during an awards ceremony that took place Nov. 4 at the Midland Hotel in Manchester, United Kingdom.

Provenir was selected from five other vendors that had been named finalists in the “Credit Risk Solution” category.

“This is a wonderful achievement for Provenir and a testament to the hard work of our employees who continue to usher in innovative technology advancements to revolutionize credit risk-decisioning,” said Frode Berg, Managing Director, EMEA for Provenir. “I would like to thank the esteemed panel of industry experts who served as the award judges for recognizing Provenir as the UK’s leading credit risk solution provider.”

Provenir’s flagship product, Provenir AI-Powered Risk Decisioning Platform, is the industry’s first, true risk-decisioning ecosystem. It provides a comprehensive real-time view of unified decisioning-performance, third-party and historical data, as well as automated analytics. Through one unified digital experience offering four cloud products — decisioning, data, insights and solutions —users can create the platform-as-a-service (Paas) cloud solution that best fits their business needs.

About Provenir

Provenir helps fintechs, financial institutions, and payment providers make smarter decisions faster by simplifying the risk decisioning process. Its no-code, cloud-native SaaS products form a risk decision engine for real-time approvals and make it easy to rapidly create sophisticated decisioning workflows. With a global data marketplace for seamless integration, powerful AI and machine learning models, and real-time insights, Provenir has supercharged decisioning speed. Provenir works with disruptive financial services organizations in more than 40 countries and processes more than 2 billion transactions annually.

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Award recognizes women that have demonstrated admirable leadership across a variety of roles within the software industry.

Parsippany, NJ, Oct. 27, 2021– Provenir, a global leader in data analytics software and risk decisioning, today announced that Kathy Stares, executive vice president, North America, has been named one of the “Top 50 Women Leaders in SaaS” by The Software Report, a comprehensive source for market research and insights, business news, investment activity and corporate actions related to the software sector.

Awardees are recognized for their performance within their roles, their ability to foster innovation and growth, and their expertise in software-as-a-solution (SaaS) solutions.

Stares leads sales, customer success, pre-sales consulting teams across North America for Provenir, and also oversees strategic partnerships. As a member of Provenir’s executive team, she has played a key role in supporting the company’s growth, increasing its SaaS solutions revenue 25 percent year-over-year. The company has experienced a 22 percent increase in Provenir’s customer base of fintech disruptors, and its increasing presence in the Buy Now, Pay Later (BNPL) and challenger bank markets.

“I am deeply honored to be included among this esteemed group of female leaders who are spearheading innovation in the SaaS market and driving the industry forward,” said Stares. “I am passionate about enabling our customers to be change agents, and to raise the bar in terms of the customer experience they deliver. We continue to invest significantly in our SaaS technologies to help our customers expedite the risk-decisioning process, which in turn, allows them to provide real-time decisions and respond to their end customers immediately.”

Provenir’s technology enables fintechs, financial institutions, and payment providers to easily design, build, and deploy solutions to solve complex business challenges such as digital onboarding, retail financing, Buy Now Pay later (BNPL) approvals, SME lending, insurance, credit card management, eCommerce, eWallet, digital banking, and open banking. 

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The appointment reinforces Provenir’s commitment to support financial institutions in simplifying their risk decisioning and driving innovative products to market faster

PARSIPPANY, NJ–Sept. 1, 2021 – Provenir, a global leader in data analytics software and risk decisioning, has appointed José Luis Vargas-Favero as its new executive vice president and general manager for Latin America. In his new role, Vargas-Favero will be responsible for leading Provenir’s ambitious expansion plans to triple its footprint in the region by the end of 2021.

Vargas-Favero brings more than 25 years of financial services experience in management, sales, business development, consulting, data analytics, decision management technology, digital transformation and risk management to Provenir. Prior to joining Provenir, he held several global senior leadership roles at FICO.

“José’s deep industry knowledge and global experience will be invaluable as we seek to become the leading trusted risk decisioning partner across Latin America,” said Larry Smith, founder and CEO of Provenir. “We see tremendous opportunity to help financial institutions in the region provide a superior and more inclusive customer experience by providing them with access to alternative types of data to assess risk and make smarter decisions.”

Latin America is producing a large and rapidly growing number of innovative and disruptive fintechs, which are raising record amounts of investment as they seize the opportunity to provide a superior and more responsive customer experience to a region with a population of more than 650 million and a combined economy of over 5 trillion USD. According to estimates, more than 70% of adults in the region have a smartphone yet only 30% have a banking relationship. Under Vargas-Favero’s leadership, Provenir will enhance its ability to support financial and non-financial institutions in providing better credit options to this unbanked population through alternative data powered technology.

“I am honored to join a company that shares my passion for using data, analytics and decisioning technology to improve the financial services landscape for all, and to contribute to eliminating financial exclusion for the vast population of underserved and unbanked individuals in the region,” said Vargas-Favero. “Provenir has distinguished itself as a global leader in risk decisioning processes with its amazing cloud-native technology, and I am excited to join at this pivotal time to help accelerate the company’s existing growth trajectory.”

The company is actively recruiting talent to expand the team in the region and is establishing alliances with local data partners to continue developing the Provenir Marketplace and better service the region.

Connect with Jose on Linkedin!

What is a decision engine and how does it help your business processes?