Provenir, a leading provider of AI-powered risk decisioning software, has been awarded the prestigious title of ‘Data Company of the Year’ at the Tearsheet Data Awards 2023. The company’s AI-Powered Risk Decisioning Platform has gained recognition for its ability to process over 4 billion transactions annually across more than 50 countries.
The Tearsheet Data Awards are highly regarded in the industry, honoring outstanding data products, services, and brands that contribute to the advancement of the modern financial system. As financial institutions and fintech companies become increasingly interconnected, data and data sharing have become the fundamental building blocks of modern finance. This has led to the development of entire ecosystems centered around financial entities and fintech firms that are able to harness valuable and impactful customer information.
Kathy Stares, the Executive Vice President of Provenir North America, expressed her delight at the company’s achievement, stating, Provenir is pleased to be recognized as ‘Data Company of the Year.’ With the rapid growth of fintech innovation across all sectors of financial services, we find ourselves in a customer-first world that places greater demands on data. Stares further highlighted the significance of Provenir’s AI-Powered Risk Decisioning Platform, emphasizing its ability to deliver automated decision-making processes that contribute to more informed decisions throughout the customer journey. The platform’s accessibility and usability of data enable financial organizations to automate complex decision-making by effectively transforming predictions into actionable decisions that enhance customer experiences.
Provenir’s AI-Powered Risk Decisioning Platform offers a comprehensive cloud-based solution that unifies all aspects of risk decisioning, data management, and AI capabilities under a centralized user interface. The platform’s seamless integration eliminates the need for patchwork APIs and hardcoding, resulting in shorter development lifecycles and faster time-to-market.
In today’s fast-paced and data-driven financial landscape, Provenir has successfully positioned itself as a frontrunner in leveraging the power of AI and data analytics to revolutionize risk decisioning processes. By constantly innovating and delivering advanced solutions, Provenir continues to empower financial institutions and fintech companies worldwide with the tools they need to make more accurate decisions and provide world-class customer experiences.
As the fintech industry continues to evolve and transform, Provenir remains committed to staying at the forefront of technological advancements. Through their ongoing dedication to enhancing risk decisioning capabilities, the company strives to drive innovation and achieve even greater milestones in the years to come.