Provenir for Payment Providers
Simplify Merchant Onboarding, KYC, AML and Risk Decisioning with the Provenir Platform Payment providers strive to deliver efficient, client-focused service to their merchants. But they must balance the need for quick merchant onboarding and payment services with extensive compliance requirements, often across multiple jurisdictions and countries. Too often, fragmented origination, credit risk analytics and decisioning, transaction monitoring and payment processes get in the way of delivering service that is both efficient and compliant. Provenir delivers a unified, agile platform to simplify merchant onboarding and payment processing. Leveraging the Provenir risk analytics and decisioning Platform, payment firms can streamline merchant onboarding, KYC, risk analytics and decisioning, AML and fraud processes. With Provenir, you can offer your customers the most efficient service possible at lower risk and with greater compliance. • Cut merchant onboarding time and costs with end-to-end workflow orchestration and configurable integration adapters that automatically aggregate information from internal and external systems and databases, credit bureaus, websites and even social media. • Meet regulatory requirements with KYC built into the merchant onboarding process to automatically gather data, standardize it, apply the appropriate regulations and determine compliance. • Make faster, better credit risk decisions with industry-standard risk models built in R, SAS, Excel and PMML easily operationalized in automated decisioning processes. • Reduce risk with automated AML processes that monitor transactions to identify and flag behaviors associated with money laundering or fraud. • Rapidly accommodate regulatory change with visual configuration tools to quickly configure, test and optimize user interfaces, rules, processes and integrations without any programming or dependence on Provenir. • Accelerate deployment with the Provenir Cloud which offers a highly secure cloud environment with flexible options for deployment, availability and scalability.
“Provenir is the core of our underwriting and decisioning platform. The platform enables our analysts and data scientists to deal with the complexity that is needed to make good risk decisions.” - Brian Billingsley, CEO, Klarna