TBI Bank picks Provenir cloud for real-time credit decisions

Real-time, risk decisioning solutions provider Provenir´s Cloud has been chosen by Bulgaria and Romania-based TBI Bank for rapid risk decision-making and streamlined processing of customer applications, the company said.

Through TBI Bank´s 65 offices and online banking services, it serves more than one million customers. The Bank is part of the Europe-based 4Finance Group, an online and consumer mobile lending group known for deploying data-driven analysis in its businesses.

The Provenir Cloud will provide TBI Bank with an efficient risk analytics and decisioning solution for faster, consistent credit and loan decisions.

TBI Bank is a fully licensed Bulgarian bank operating in the Bulgarian and Romanian markets as part of the 4Finance Group. The bank is specialised in Retail and SME Banking.

4finance operates in Argentina, Armenia, Bulgaria, Georgia, Denmark, Spain, Latvia, Lithuania, Mexico, Poland, Romania, the USA, Finland, Czech Republic, Sweden, Dominican Republic, and Slovakia. The group was formed in 2008 with a vision to be a global leader offering fast and easy access to credit.