Latest news with #Atombank
Yahoo
02-05-2025
- Business
- Yahoo
Atom Bank adopts Provenir's AI decisioning platform
UK's Atom bank has chosen Provenir's AI Decisioning Platform to enhance credit risk decisioning and data orchestration. Provenir's technology will support various consumer and business banking products services of the bank. These services include consumer savings, residential mortgage, buy-to-let mortgage, and business lending. Atom bank chief commercial officer Chris Storey said: 'Atom bank provides simple, well-designed mortgages and savings products that deliver ease, speed and value right to your device. 'As our customer base and operations continue to grow, our adoption of Provenir's AI Decisioning Platform will reduce the complexities of managing multiple risk decisioning platforms while supporting our commitment to exceptional customer experience. 'Provenir demonstrated a deep understanding of what we were looking for in a modern, all-in-one decisioning and data solution that could scale to meet our growth plans.' Launched in April 2016, Atom bank is the UK's first app-based bank. Provenir said that its platform will play a crucial role in Atom bank's decisioning processes, including credit, fraud, and identity management. The platform combines decisioning, data, and decision intelligence. Provenir Europe Sales vice-president Mark Collingwood said: 'We're proud to partner with Atom bank, which has quickly become one of the most innovative and successful challenger banks in the UK. 'Our AI-Decisioning Platform will help Atom bank achieve its business objectives and customer experience aspirations to support its goal of being 'the most customer-centric bank on the planet.'' "Atom Bank adopts Provenir's AI decisioning platform" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Business Wire
29-04-2025
- Business
- Business Wire
Atom bank Selects Provenir for Risk Decisioning and Data Orchestration
PARSIPPANY, N.J.--(BUSINESS WIRE)-- Provenir, a global leader in AI risk decisioning software, today announced Atom bank has selected the Provenir AI Decisioning Platform to streamline and modernize credit risk decisioning and data orchestration. Provenir for Risk Decisioning and Data Orchestration Atom bank, the U.K.'s first app-based bank, will deploy Provenir's award-winning AI Decisioning Platform for risk decisioning and data orchestration to support its consumer and business banking. Share Atom bank launched operations in April 2016 as the U.K.'s first app-based bank, offering mortgages and savings through its app, as well as secured business lending for small and medium-sized enterprises. It is currently the highest rated U.K. bank, savings bank and mortgage lender on Trustpilot. With Provenir's AI Decisioning Platform, Atom bank is streamlining its data orchestration and decisioning in the areas of credit, fraud, and identity, across its residential mortgage, business banking secured lending, consumer savings, and buy-to-let mortgages offerings. 'Atom bank provides simple, well-designed mortgages and savings products that deliver ease, speed and value right to your device. As our customer base and operations continue to grow, our adoption of Provenir's AI Decisioning Platform will reduce the complexities of managing multiple risk decisioning platforms while supporting our commitment to exceptional customer experience,' said Chris Storey, Atom bank's Chief Commercial Officer. 'Provenir demonstrated a deep understanding of what we were looking for in a modern, all-in-one decisioning and data solution that could scale to meet our growth plans.' 'We're proud to partner with Atom bank, which has quickly become one of the most innovative and successful challenger banks in the U.K.,' said Mark Collingwood, Provenir's Vice President, Sales, for Europe. 'Our AI-Decisioning Platform will help Atom bank achieve its business objectives and customer experience aspirations to support its goal of being 'the most customer-centric bank on the planet.'' Provenir's AI Decisioning Platform brings together the power of decisioning, data, and decision intelligence to drive smarter decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in customer experience, best-in-class fraud prevention, access to financial services, business agility, and more. About Provenir Provenir helps banks, fintechs and financial services providers unlock the secret to smarter risk decisioning. Provenir's AI Decisioning Platform brings together the power of decisioning, data, and decision intelligence to drive smarter decisions. This unique offering gives organizations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in customer experience, best-in-class fraud prevention, access to financial services, business agility, and more. Provenir works with disruptive financial services organizations in more than 60 countries and processes more than 4 billion transactions annually.
