Latest news with #Provenir


Business Wire
2 days ago
- Business
- Business Wire
Provenir to Moderate Panel Discussion on Digital Identity and Authentication for Malaysian Fraud Prevention at the AI, Cloud & Cybersecurity Congress 2025
KUALA LUMPUR, Malaysia--(BUSINESS WIRE)-- Provenir: WHAT: Malaysia has suffered a staggering RM54.02 billion in losses due to financial scams, underscoring the urgent need for stronger fraud prevention measures. The financial crime landscape in Malaysia is becoming increasingly complex, and organizations need the most advanced technology in place to thwart these threats. Highlighting the importance of this issue, Kavinesswaran Karthigasan, APAC Regional Sales Director and Principal Consultant with Provenir, will moderate a panel discussion on 'The Digital Identity & Authentication – Building Trust in Malaysia's Digital Banking Ecosystem,' as part of The AI, Cloud & Cybersecurity Congress 2025 event in Kuala Lumpur, Malaysia next week. Panelists include representatives from CIMB, Maybank, Boost Bank and Standard Charter. The session will highlight how Malaysian banks can enhance digital identity verification, implement AI-driven authentication systems, and the role of Open Finance frameworks. Karthigasan will also host a panel on 'Scaling Bank-Fintech Partnerships in Malaysia – From Collaboration to Success,' with panelists from SC Ventures, GX Bank and BCS. WHEN: The panel discussions will take place June 17 at the Mandarin Oriental Kuala Lumpur, Malaysia, as part of The AI, Cloud & Cybersecurity Congress 2025, designed to deliver practical strategies and insights that financial leaders can implement immediately. The event is organized by The Digital Banker and gathers thought leaders, regulators, and innovators to explore how cloud technologies, artificial intelligence, and cybersecurity can drive resilience, efficiency, and innovation in banking in Malaysia. 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 the 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.
Yahoo
2 days ago
- Business
- Yahoo
Provenir to Moderate Panel Discussion on Digital Identity and Authentication for Malaysian Fraud Prevention at the AI, Cloud & Cybersecurity Congress 2025
Hosted by The Digital Banker, the one-day event is the quintessential forum for Malaysian banking innovation KUALA LUMPUR, Malaysia, June 12, 2025--(BUSINESS WIRE)--Provenir: WHAT: Malaysia has suffered a staggering RM54.02 billion in losses due to financial scams, underscoring the urgent need for stronger fraud prevention measures. The financial crime landscape in Malaysia is becoming increasingly complex, and organizations need the most advanced technology in place to thwart these threats. Highlighting the importance of this issue, Kavinesswaran Karthigasan, APAC Regional Sales Director and Principal Consultant with Provenir, will moderate a panel discussion on "The Digital Identity & Authentication – Building Trust in Malaysia's Digital Banking Ecosystem," as part of The AI, Cloud & Cybersecurity Congress 2025 event in Kuala Lumpur, Malaysia next week. Panelists include representatives from CIMB, Maybank, Boost Bank and Standard Charter. The session will highlight how Malaysian banks can enhance digital identity verification, implement AI-driven authentication systems, and the role of Open Finance frameworks. Karthigasan will also host a panel on "Scaling Bank-Fintech Partnerships in Malaysia – From Collaboration to Success," with panelists from SC Ventures, GX Bank and BCS. WHEN: The panel discussions will take place June 17 at the Mandarin Oriental Kuala Lumpur, Malaysia, as part of The AI, Cloud & Cybersecurity Congress 2025, designed to deliver practical strategies and insights that financial leaders can implement immediately. The event is organized by The Digital Banker and gathers thought leaders, regulators, and innovators to explore how cloud technologies, artificial intelligence, and cybersecurity can drive resilience, efficiency, and innovation in banking in Malaysia. 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 the 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. View source version on Contacts Media Contact: Kelly PoffenbergerLutz Public Relations and Marketing (for Provenir)kelly@ 714.553.9071 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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.


Associated Press
03-04-2025
- Business
- Associated Press
Provenir Named ‘Data Solution of the Year – Finance' in Fourth Consecutive Breakthrough Awards Win
Provenir, a global leader in AI risk decisioning software, today announced it has been named 'Data Solution of the Year - Finance' in the Data Breakthrough Awards program. This is the fourth year running that Provenir has been named the winner in the category, demonstrating the company's leadership in data orchestration for financial services. The Data Breakthrough Awards program honors the most innovative companies and technologies transforming the data landscape. The program is organized by Tech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global data technology market today. 'Provenir is proud to be named 'Data Solution of the Year – Finance' for the fourth year running,' said Carol Hamilton, Chief Product Officer for Provenir. 'This honor validates our commitment to deliver a holistic, AI-powered approach that aligns data, automation, and decisioning analytics to maximize impact for our customers. With fraud becoming more sophisticated and credit risk remaining a top concern, financial services providers need a robust platform that simplifies data integration and optimized decisioning for enhanced customer experiences.' With end-to-end decisioning, the Provenir AI Decisioning Platform eliminates the need to integrate multiple platforms by providing cohesive, loyalty-building experiences across the customer journey that minimize risk and maximize customer lifetime value. A chief component of the platform is the Data Marketplace. The Provenir Data Marketplace brings together offerings from data vendors around the globe into one, easy-to-use cloud solution for data consumption. With fully managed pre-built integrations to more than 120 local and global data partners and a business user-friendly interface, the Data Marketplace makes the process of taking control of an organization's data strategy fast and simple. The Data Marketplace offers easy access to data sources covering open banking, KYC, fraud, credit risk, verification, social media, analytics, auto, affordability and more. With fully maintained API connections to both traditional and alternative data providers, financial institutions can access and use a huge selection of data in minutes — without the worry about ongoing maintenance. 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 the 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. Kelly Poffenberger Lutz Public Relations and Marketing (for Provenir) 714.553.9071 SOURCE: Provenir Copyright Business Wire 2025. PUB: 04/03/2025 09:20 AM/DISC: 04/03/2025 09:20 AM