Maximize Value Across the Entire Customer Lifecycle
Provenir for Buy Now, Pay Later: Accurate Decisions. Agile Platform. Future-Proof Technology.
Buy Now, Pay Later (BNPL) is maturing as regulations loom worldwide. The focus is no longer customer acquisition at any cost, but sustainable profitability, as BNPL products are expanding into new markets, verticals, and infrastructures. To build or update a BNPL product that works for the company, consumers, and eventually for regulators, you need accurate credit risk decisioning to keep defaults under control, an agile platform to attract (and keep) the right kind of customer, and scalability to support a future-proof product. Provenir’s BNPL technology powers smarter decisions with the flexibility you need to future-proof your business. Offer frictionless onboarding, superior customer experience, and financial inclusion opportunity, while strengthening your credit risk foundation. Pivot to profitability with advanced credit risk decisioning technology supported by robust and relevant data sources, including alternative data, and AI/ML-driven analytics and insights for superior customer experience and increased customer lifetime value (CLV). Choose Provenir For:
Credit Risk Analytics + Decisioning: Efficiently and accurately predict risk for each customer without relying on traditional credit scores. Compliance: Manage current compliance and seamlessly adjust or expand for future regulation with orchestrated KYC, AML and affordability processes seamlessly integrated into the overall credit workflow. Real-Time Customer + Merchant Onboarding: Perform compliance checks, identity verification and risk decisioning in real-time to onboard customers in milliseconds.
Integrated Fraud Processes: Reduce fraud risk with robust AML and KYC tools, digital footprint tracking, transaction monitoring, real-time data access and insights, for a fully integrated fraud process. Sustainable Growth: Leverage AI/ML analytic insights to ensure your BNPL product is performing efficiently and supporting the maximum CLV by optimizing strategies and processes that minimize bad and maximize the good.
Provenir for Buy Now, Pay Later: Accurate Decisions. Agile Platform. Future-Proof Technology.
Key Features: • Return highly accurate decisions with traditional and alternative data sources that feed directly into your decisioning engine. Pull in alternative data like behavioral scores, telco information, transactional data and open banking through a single API for maximum ease and efficiency. • Respond to market demand, new regulation, and economic conditions in real-time. Retrain models in real time with machine learning capabilities for improved decisioning performance.
• Empower growth with solutions that support the full customer lifecycle including onboarding, fraud management, ongoing credit line management and collections
• Power a continuous learn + improve cycle with real-time visual performance dashboards that combine historical and real-time data to drive long-term profitability
• Expand into new markets or new verticals with simple data integration, low-code UI for easy changes and rapid model deployment • Create a technology foundation that can support evolving legislation, with the ability to make changes to processes easily thanks to low-code, drag-and-drop UI
Explore What’s Possible
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