Technology can’t scale/grow with your business:
Startups and larger financial services institutions can have very different decisioning requirements. One of the biggest obstacles financial services companies face is having technology that can support their business as it evolves and grows. For example, people often find it a challenge to support decisioning as application volume grows and their offerings expand, or expand their product lines and enter new markets/geographies. Scalability capability is key.
"We are using the Provenir decision engine in all of our credit products where automatic credit decisions are made. So the expansion of the use of Provenir is tightly connected with the expansion of our product portfolio. With Provenir, we are able to make loan decisions faster and also offer different refinancing options than most of our competitors - this gives customers more flexibility with shorter decision times.”
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