Provenir, a global leader in AI-powered risk decisioning software, today announced that its AI-Powered Decisioning Platform has been named a gold winner in the “AI Platform” category in Juniper Research’s Future Digital Awards – Fintech & Payments.

The Fintech & Payments awards program honours the very best technologies across the fintech, payments, fraud and security, banking and blockchain sectors. Since 2008, the Juniper Research Future Digital Awards have been awarded to technology companies at the forefront of their respective fields: companies that deliver imaginative, innovative products or services that have the potential to disrupt their ecosystems and provide significant benefits to their target audience.

Provenir’s industry-leading AI-Powered Decisioning Platform empowers fintechs and financial services organizations to unlock the true value of data, combining universal data access with simplified AI and automated, real-time decisioning. With data and AI more accessible and usable than before, financial institutions can automate complex decisions that drive world-class customer experiences, addressing identity, credit and fraud for quicker onboarding and serving.

According to a recent study, AI-enabled risk decisioning is seen as key to ushering in improvements in many areas, including fraud prevention (78%), automating decisions across the credit lifecycle (58%), improving cost savings and efficiency (57%), more competitive pricing (51%) and improving the accuracy of credit risk profiles (47%). The study also revealed that 55% per cent of respondents who plan to invest in an automated credit risk decisioning system consider AI to be one of the most important features.

“Provenir is honoured to be named a gold winner for AI Platforms in Juniper Research’s Future Digital Awards and to be among a prestigious group of innovative technology award winners advancing the fintech and payments sector,” said Kathy Stares, Executive Vice President Americas at Provenir. “Provenir’s AI-Powered Decisioning Platform delivers a comprehensive real-time view of decisioning performance, easy access to third-party and historical data, as well as automated and auto-optimized AI, enabling organizations to deliver intelligent decisioning needed to grow their business.”