Provenir, the global leader in AI risk decision-making software , announced today that Turkish Economy Bank (TEB) has selected the Provenir AI-Powered Decision-Making Platform to accelerate aggregate risk decision-making for retail and small business lending products.
Financial Technology Insights: K1x Expands Aggregator Plus with W-2 Data Automation
Founded in 1927, TEB is one of the leading institutions in the Turkish banking sector. Since its founding, TEB has operated in various areas of the financial sector, including investment, leasing, factoring, and portfolio management, while expanding its branch network and diversifying its products and services.
With Provenir, TEB aims to increase the speed and agility of its aggregate risk decision-making process to meet the demands of its growing customer base and gain a better competitive advantage. “Provenir’s AI-based, low-code risk decision platform provides the flexibility we need, offers deeper insights to accelerate decision-making, and enables us to work faster and easier for a better customer experience,” said Osman Durmuş, TEB Deputy General Manager of Retail and Micro-SME Loans.
Financial Technology Insights: Ninth Wave: 85% of CFOs Want Direct ERP Bank Connections
Provenir supports a growing number of distinguished financial services leaders in Türkiye. “We are proud to partner with TEB to deliver a best-in-class AI decision-making system for informed decisions quickly and at scale,” said Louis Garner, Vice President, Europe, Middle East, and Africa, Provenir. “With its low-code technology, the Provenir AI-Powered Decision-Making Platform eliminates the complexity of building and maintaining decision-making models, allowing TEB to focus on its most important asset: developing products for its customers.”
Financial Technology Insights: PublicSquare Launches Crypto Treasury for Merchants
Provenir’s AI-Powered Decision Making Platform enables smarter decisions by combining the power of decisioning, data, and decision intelligence. This unique offering enhances the customer experience by powering decision innovations across the entire customer lifecycle, enabling best-in-class fraud prevention, access to financial services, business agility, and more.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com
Source : prnewswire