Provenir, a global leader in AI-powered risk decisioning software, today announced that its AI-Powered Risk Decisioning Platform has been named the winner of a Credit & Collections Technology Award for the third consecutive year, having been recognized as best-in-class in the “Credit Risk Solution” category.

Winners of 2023 Credit & Collections Technology Awards were celebrated Nov. 23 during an awards ceremony at The Midland Hotel in Manchester, England.

The Credit & Collections Technology Awards provide a focus on technology at a time when credit and collections companies face business pressure in the form of continued regulatory scrutiny. The awards examine different types of technology solutions which are helping companies enhance business strategy.

“We couldn’t be more excited to be named best Credit Risk Solution in the Credit & Collections Technology Awards for the third year in a row,” said Frode Berg, Provenir’s Managing Director for EMEA. “AI-powered decisioning provides the foundation for more accurate, automated risk decisions across the entire customer lifecycle, helping financial institutions proactively manage and mitigate risk.”

Provenir’s AI-Powered Risk Decisioning Platform is a single, comprehensive cloud-based solution – not a selection of vendor products tied together. The platform ties together all of a financial institution’s risk decisioning, data, and AI through a centralized user interface. It’s a unified solution that works together seamlessly (not through patchwork APIs and hardcoding) and enables organizations to shorten the development lifecycle and get products to market faster.

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