Meridian Credit Union Selects Provenir to Power Risk Decisioning Innovation

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Industry leaders, Provenir and Meridian Credit Union, partner to power industry leading banking experiences for Members.

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“With Meridian’s ambitious innovation plans and deep focus on delivering a differentiated experience along with a superior level of service to our Members, the partnership with Provenir is an obvious choice," said Leo Gautreau, Chief Risk Officer at Meridian.

Provenir, a leader in risk decisioning and data analytics software, announced today that Meridian has selected the Provenir Platform to help power innovation strategies and deliver world-class lending experiences for its members. Meridian, Ontario’s largest credit union and the third largest in Canada, is a recognized leader with notable industry-first digital innovations.

Provenir’s Platform will now form the technology foundation used by the Meridian team to robustly manage credit risk, allowing Meridian to rapidly respond to member needs. The Platform processes, assesses, and decisions credit applications in real-time, mitigating potential risks while powering industry-leading consumer experiences.

“With Meridian’s ambitious innovation plans and deep focus on delivering a differentiated experience along with a superior level of service to our Members, the partnership with Provenir is an obvious choice," said Leo Gautreau, Chief Risk Officer at Meridian. “We will be able to make decisions faster, using accurate and real time data customized to better meet the needs of our Members.”

Provenir’s Executive Vice President for the Americas, Kathy Stares, is thrilled to partner with Meridian. “It’s an incredible opportunity to work with such a creative team and we’re excited to help Meridian lead innovation in the Canadian financial services industry,” said Stares. “It’s rewarding to see the Platform used to power outstanding digital lending experiences and we’re confident that we can help Meridian to continue to support its members with exceptional services as it grows throughout the region!”

About Provenir
Provenir makes risk analytics faster and simpler for financial institutions. The Provenir risk analytics and decisioning platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. Helping clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning, Provenir serves clients across a broad range of financial verticals including consumer, cards, payments, ecommerce and auto financing. Provenir is headquartered in Parsippany, New Jersey with EMEA operations based in England and APAC operations in Singapore. For more information please visit http://www.provenir.com.

About Meridian Credit Union
With more than 75 years of banking history, Meridian is Ontario’s largest credit union and the third largest in Canada, helping to grow the lives of more than 360,000 Members. Meridian has $23.9 billion in assets (as at December 31, 2019) and delivers a full range of financial services online, by phone, by mobile and through a network of 92 branches across Ontario, and business banking services in 14 locations. Meridian Members also have access to THE EXCHANGE® Network, with 3,700 no-fee ABMs across Canada and 500,000 ABMs in the United States. For more information, please visit: http://www.meridiancu.ca, follow us on Twitter @MeridianCU or see our Facebook site.

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Liz Upson
Provenir
1-415-860-1753
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