Provenir Named ‘Data Solution of the Year – Finance’ in Fourth Consecutive Breakthrough Awards Win

The company’s AI Decisioning Platform offers a Data Marketplace that helps financial services organizations worldwide leverage data, automation, and decisioning for competitive advantage

PARSIPPANY, N.J.--(BUSINESS WIRE)--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.