The company’s Data and AI-Powered Risk Decisioning Platform offers a streamlined single point of access to credit bureaus and data sources for more accurate credit decisioning

By ; Amir  Taha

 Provenir, a global leader in data and AI-powered risk decisioning software, today announced it has been awarded the Best AI-Driven Credit Decisioning Solution Provider of the Year at the annual Africa Bank 4.0 Awards for North Africa.

The Africa Bank 4.0 Awards recognises the pioneers and visionaries who are transforming the fintech industry and making financial services in Africa more accessible, innovative, convenient and affordable. Every year, they acknowledge the startups, banks and technology providers that are developing breakthrough technologies focused on financial inclusion.

Provenir’s data and AI-powered risk decisioning software allows businesses worldwide to easily create automated decisioning workflows across the entire customer lifecycle, integrate these workflows with data through a simplified single-API process, and apply AI to all data to automate the development of new credit risk models. From loan origination to merchant onboarding, Provenir’s software enables businesses to make smarter risk decisions across compliance, fraud and credit. Provenir is dedicated to redefining banking services and products by catering to the unique needs of the unbanked and underserved populations in Africa, leveraging alternative data and advanced analytics to catalyse financial inclusion while reducing risk and preventing fraud.

“We’re proud to be recognized in this year’s Africa Bank 4.0 Awards in North Africa for our industry-leading credit risk decisioning solutions,” said Adrian Pillay, Vice President of Sales, MEA, at Provenir. “The current approach to determining credit risk profiles using only traditional data unfairly impacts the unbanked population. At Provenir, we’re committed to setting the benchmark when it comes to providing tools that enable real-time decisioning processes and put financial inclusion at the heart of financial services. Our unique AI-driven solution enables lenders to leverage data quickly, simply and affordably to make better credit decisions.”

About Provenir

Provenir helps fintechs and financial services providers unlock the secret to smarter credit risk decisioning.

The company brings together the power of decisioning, data and AI to drive instant decisions. This unique offering gives organisations the ability to power decisioning innovation across the full customer lifecycle, driving improvements in the customer experience, access to financial services, business agility, and more.

Provenir works with disruptive financial services organisations in more than 50 countries and processes more than 4 billion transactions annually.