Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

Provenir Cloud deployed by GoBear to power digital financial services

Provenir LtdParsippany-based Provenir, a risk decisioning and data analytics software, announced today that GoBear has chosen its platform to power user experiences for customers, and has deployed the technology through a ‘virtual’ team approach amidst the current COVID-19 crisis. Singapore-based FinTech company GoBear is a financial services organisation focused on improving financial inclusion throughout the ASEAN region.

“To fulfil our core mission to improve financial inclusion, we needed to provide a simplified, fast and effortless experience for our users,” Nelius Strydom, Chief Product Officer of GoBear explained. “Provenir’s user-friendly solution allows us to be in full control of our risk strategy while powering real-time decisioning for our customers. With the speed and flexibility of the Provenir Platform driving our decisioning, we will be able to manage and configure business logic or risk policy as the company grows.”

The platform was selected for its ability to support GoBear’s innovation plans and to empower the business to meet the increasing demand for simplified, digital-first banking experiences throughout the region. GoBear will use the platform to process and assess insurance and loan applications in real-time through Provenir’s cloud-based risk analytics solution and use the low-code platform to rapidly implement and iterate risk processes.

“We are very excited to have GoBear onboard using Provenir’s cloud-based Risk Analytics and Decisioning Platform to deliver a real-time, world-class digital experience to its customers,” said John Warren, Provenir’s General Manager of the APAC region. “Despite the constraints of the COVID-19 crisis, huge dedication and versatility has been shown by Provenir and GoBear’s ‘virtual’ teams to deploy the platform on time yet 100% remotely. This is a great example of adapting in these challenging times to continue to deliver for our clients.”

Patrick Tan, Regional Account Director at Provenir added, “We originally planned to conduct a large part of the deployment onsite. This was quickly reviewed in light of the growing crisis and the development and training teams from Asia and the UK were able to collaborate seamlessly via remote technology – an incredible coordinated effort. We’re confident that we can help GoBear achieve the agility and scalability it needs to succeed and grow in Asia’s increasingly competitive financial services landscape.”

Related IBS Intelligence Research

Related Posts


OpenPayd releases crypto banking and payments service

API-led Banking-as-a-Service provider, OpenPayd has released its banking and payments solution for digital currency businesses. The service is expected to provide cryptocurrency businesses with access to a range of banking and payment networks. According to OpenPayd, the platform will offer crypto businesses with access to crypto-friendly banking, simplified cryptocurrency purchase, fiat and digital currency exchange […]

This post is only available to members.

Read More »

Adyen expands acquiring capabilities to Malaysia

Adyen, an Amsterdam-based global payments platform, announced the expansion of its acquiring capabilities to include Malaysia. The company has launched its acquiring solution in Malaysia to help local businesses achieve higher authorization rates, better customer experience, and deeper data insights as the Malaysian market transitions to online payments. “Rolling out our acquiring solution in Malaysia demonstrates […]

This post is only available to members.

Read More »

AeroPay unveils compliant digital payments for Legal Cannabis businesses

AeroPay, a disruptive FinTech reimagining the way money is moved in exchange for goods and services, has announced the launch of a suite of compliant digital payments solutions for state-legal cannabis businesses throughout the United States. AeroPay serves businesses in various industries ranging from nonprofits to restaurants and retail to e-commerce sites. The suite of […]

This post is only available to members.

Read More »
FlexiGroup Limited, FXL, Australia

flexigroup appoints forme NAB executive Jason Murray as its CFO

Sydney-based FlexiGroup (flexigroup) announced today the appointment of Jason Murray as its Chief Financial Officer, commencing on July 9, 2020, replacing outgoing CFO Ross Aucutt. flexigroup is a diversified full-service payments company with offerings in ‘Buy Now, Pay Later’, revolving credit and SME finance. Serving a broad footprint of millennial spenders, young families and small […]

This post is only available to members.

Read More »

Research shows 37% of Brits unprepared for economic downturn

YouGov’s research has revealed that the COVID-19 pandemic has left 37% of Brits or 19.4 million people unsure and unprepared for an economic downturn. It showed that 49% of the population that falls within the Gen-Z age group and 49% of Millenials are least likely to be prepared for a potential downturn as compared to […]

This post is only available to members.

Read More »
Heritage Bank, Australia

Heritage Bank brings Apple Pay to customers in Australia

Australia’s Heritage Bank, a customer-owned bank, announced today that it brings its customers Apple Pay, which is a safe, secure and private way to make payments. This is expected to help customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash. Peter Lock, CEO, Heritage Bank enthused, “We are thrilled […]

This post is only available to members.

Read More »