Taking credit decision-making to the cloud
TBI Bank is implementing Provenir Cloud “for rapid risk decision-making and streamlined processing of customer applications”.
TBI operates in Bulgaria and Romania through its 65 offices plus online channels. It targets consumers and SMEs, and has over one million customers. It is part of the 4Finance Group, an international digital consumer lending specialist.
Provenir says its cloud solution will be a “key enabler” of TBI’s “ambitious growth” as well as the bank’s support of 4Finance in various markets over the next 12 to 18 months.
It will help the bank provide “faster, consistent credit and loan decisions” and the solution’s ability to integrate with both structured and unstructured data will enable risk decision-making “in seconds”, the vendor states.
Petr Baron, CEO of TBI, says the bank realises the importance of data-driven analytics “in the competitive market we operate it”. He adds that Provenir will provide “efficient integration” to the bank’s data sources and he also praises the system’s “ease of integration”.