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Industry: Provenir

IDology

Partners

IDology

Innovative Solutions to Streamline Customer Acquisition, Deter Fraud, and Drive Revenue

Key Benefits

  • Approve More Legitimate Customers. Detecting and preventing fraud goes far beyond basic identity matching, especially in today’s threat-heavy environment. With our ExpectID® platform, you have access to more layers of physical and digital identity attributes, which enable you to see the holistic consumer identity in high resolution. And when higher levels of assurance are needed, you can dynamically escalate to additional layers of authentication while still delivering fast, automated decisions. These orchestrated layers work together seamlessly to deliver the speed, simplicity, and convenience your customers expect.
  • Unlock Stronger Fraud Intelligence. IDology’s Consortium Fraud Network amplifies real-time fraud intelligence between companies and across industries. With IDology, you can detect repeated transaction attempts or bar specific attributes associated with known fraud. And by applying machine learning to the identity verification process, supervised by IDology’s dedicated team of tenured fraud experts—your neighborhood watch for fraud, IDology is able to track suspicious activity across its vast network of customers and industries, giving you a system of defense against fraud and insight to improve decision making.
  • Get More Control and Flexibility. With criminals attempting new tricks every day, keeping pace with the rapidly changing fraud landscape is a necessity. Our on-demand ExpectID® platform is fully configurable and offers point-and-click flexibility, so you can be nimble, dynamic, and efficient in the face of evolving risk. With ExpectID®, you can fine-tune rules and settings, customize decisioning, and dynamically escalate to higher levels of verification for optimal risk and fraud protection—without burdening your IT team or compromising the smoothness of the customer experience.

IDology, the Trusted Leader in Digital Identity Verification

IDology, a GBG Company, is transforming identity verification for businesses worldwide with an innovative suite of multi-layered identity verification solutions built to drive revenue, deter fraud, and maintain compliance in a digital world. IDology leverages thousands of diverse data sources to deliver the industry’s most accurate locate results as well as actionable transparency and on-demand control over the entire identity proofing process.

By applying machine learning to identity verification, supervised by a team of fraud analysts, IDology provides thousands of businesses in multiple industries worldwide with a powerful network of defense against fraud. With frictionless secure digital identity verification, IDology helps businesses stay ahead of shifting fraud trends, while onboarding more customers faster and with confidence.

About IDology

  • Services

    • ExpectID®
    • ExpectID® Scan Verify
    • ExpectID® IQ
    • ExpectID® Mobile Attributes
    • ExpectID® GeoTrace
    • Cross-border Identity Verification Available
  • Regions Supported

    • Latin America
    • EMEA
    • North America

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Provenir Appoints Carol Hamilton to Lead Global Solutions Business

NEWS

Provenir Appoints Carol Hamilton
to Lead Global Solutions Business

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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Provenir Named Finalist for the 2021 Credit Strategy Credit Awards

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Provenir Named Finalist for the 2021 Credit Strategy Credit Awards

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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Provenir Named Winner of the 2021 Credit & Collections Technology Awards

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Provenir Named Winner of the 2021 Credit & Collections Technology Awards

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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Provenir Executive Vice President Kathy Stares Named One of The Top 50 Women Leaders in SaaS by The Software Report

NEWS

Provenir Executive Vice President Kathy Stares
Named One of The Top 50 Women Leaders in SaaS by The Software Report

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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Lenders API, by Canadian Lenders Association

Partners

Lenders API, by Canadian Lenders Association

Identify Suspicious Actors in Real Time

Key Benefits

  • Receive data from Canada’s fastest growing fraud consortium. Put the brakes on automated lending decisions for individuals or businesses with a history of suspicious behavior.
  • Identify application fraud in real time. Lenders API is the only truly real-time fraud consortium in Canada, meaning that we can notify all parties to loan stacking before lenders double or triple fund an applicant.

Secure and Private Loan Data Exchange

Lenders API is the official fraud consortium of the Canadian Lenders Association. Identify bad actors and prevent coordinated fraud with compliant data exchange between lenders – all in real time. Identify suspicious activity by cross referencing borrowers with multiple open loan applications and put the brakes on automated lending decisions for individuals or businesses with a history of change-offs. Simple and powerful, the Lenders API allows you to access alternative data that credit bureaus don’t have, all with just a few lines of code.

About Lenders API, by Canadian Lenders Association

  • Services

    Loan stacking prevention

    Suspicious borrower list

    Suspicious merchant list

    Suspicious dealers / merchant-partners list

    Identify misrepresentations between loan applications

  • Countries Supported

    Canada

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Provenir Appoints New Executive Vice President and General Manager to Lead Latin America Expansion

NEWS

Provenir Appoints New Executive Vice President and General Manager to Lead Latin America Expansion

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!

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Powering Risk Strategy Innovation

DEMO

Powering Risk Strategy Innovation

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Use the power of the Provenir Platform to drive digital innovation in your risk decisioning processes

In today’s digital-first world of banking, businesses offering financial services to their clients—whether loans, payment processing, or any other kind of financial solution—need to create world-class digital experiences for their clients. Provenir empowers organizations to create fully automated digital decisioning processes. In this demo Mike LaFleur, Provenir’s Global Head of Solution Architecture, will show you how the Provenir Risk Analytics and Decisioning Platform allows risk teams to innovate and quickly adapt to evolving market demands.

You’ll see:

  • How Provenir allows your team to quickly test innovative risk strategies
  • The Provenir drag and drop interface that puts the power of the process in your risk team’s hands
  • How Provenir makes it easy to make strategic changes in just a few minutes


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    Data Integration in Minutes

    DEMO

    Data Integration
    in Minutes

    Book a Meeting

    The Simple Solution to Integrating Structured and Unstructured Data Sources.

    In this demo Mike LaFleur, Provenir’s Global Head of Solution Architecture, will show you how the Provenir Risk Analytics and Decisioning Platform puts the power of the process in your risk team’s hands. See how Provenir empowers your business to rapidly create integrations with both internal and external systems as well as multiple structured and unstructured data sources.

    You’ll see:

    • How Provenir’s pre-built adapters make integration quick and easy
    • How your business can save time and money with Provenir
    • The Provenir Platform in action


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