Marginalen Bank Moves Risk Decisioning to Provenir Cloud2

Sweden’s Marginalen Bank has used Provenir’s risk decisioning technology since 2017 to support credit assessment and lending operations. Automated decisioning has become increasingly important for banks seeking to combine data, apply risk policies consistently and shorten approval times while expanding digital services. The technology can also help lenders balance faster customer onboarding against the need to maintain credit quality.

Marginalen Bank said it is moving to Provenir Cloud2 to broaden decisioning automation across three core product areas: lending, mortgages and credit cards. The upgrade builds on roughly nine years of work with Provenir and is intended to improve the bank’s cloud-based risk management and fintech operating capabilities. The announcement did not specify the value of the investment or provide a detailed timetable for completing the migration.