By Godson Umejiego, Bureau Chief, The Americas

A global leader in AI-powered risk decisioning software, Provenir, has announced that it has been named a finalist in the “Fintech of the Year” and “Data Initiative of the Year” categories for the US Fintech Awards 2023.

“In today’s fintech market, there exists tons of data – often residing in siloed environments – making it difficult to access and costly to integrate into credit decisioning. Provenir brings together the power of decisioning, data and AI to drive instant decisions, foster financial inclusion, reduce risk and prevent fraud.”

This marks the second year back-to-back that Provenir has been named finalist in both categories for the US Fintech Awards. The US Fintech Awards is a key benchmark by which financial services modernization and technological progress in the world’s premier financial services center are judged. The awards program is organized by FinTech Intel, the global market intelligence platform for financial services technology.

“Provenir is honored to be named a two-time finalist for both ‘Fintech of the Year’ and ‘Data Initiative of the Year’ for the US Fintech Awards, which honors the most innovative fintech companies and individuals in the United States of America,” said Executive Vice President for North America, Provenir Kathy Stares,. “In today’s fintech market, there exists tons of data – often residing in siloed environments – making it difficult to access and costly to integrate into credit decisioning. Provenir brings together the power of decisioning, data and AI to drive instant decisions, foster financial inclusion, reduce risk and prevent fraud.”

A key tenet of the Provenir AI-Powered Risk Decisioning Platform is Provenir Data. Provenir Data is a global data and intelligence platform that makes accessing data fast and easy. Through a single API, it brings together a curated range of data and data solutions known as the Provenir Marketplace.

The Provenir Marketplace, which includes more than 100 data partners, is a comprehensive fintech data and intelligence ecosystem covering the whole customer lifecycle with data types such as identification, AML, document verification, open banking, PEPs/sanctions, bureau data, mobile data, email data, device verification, facial biometrics, and social media validation.

Winners of the US Fintech Awards 2023 will be unveiled during the Nov. 2 awards ceremony at The Edison Ballroom in New York City.