{"id":565336,"date":"2024-11-27T07:37:56","date_gmt":"2024-11-27T06:37:56","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=565336"},"modified":"2024-11-27T07:37:56","modified_gmt":"2024-11-27T06:37:56","slug":"provenir-and-hastings-financial-services-win-best-digital-lending-implementation-at-the-ibsi-global-fintech-innovation-awards","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/provenir-and-hastings-financial-services-win-best-digital-lending-implementation-at-the-ibsi-global-fintech-innovation-awards\/","title":{"rendered":"Provenir and Hastings Financial Services win \u2018Best Digital Lending Implementation\u2019 at the IBSi Global Fintech Innovation Awards"},"content":{"rendered":"

\"Provenir,Provenir, a provider of AI-powered risk decisioning software, and Hastings Financial Services<\/a> have been recognised for excellence in this year\u2019s IBSi Global Fintech Innovation Awards.<\/p>\n

The companies\u2019 collaboration was honoured in the \u201cBest Digital Lending Implementation: Most Impactful Project\u201d category for revolutionising digital lending for UK consumers. The winners<\/a> were unveiled on November 22 at an awards ceremony at Taj Lands\u2019 End in Mumbai.<\/p>\n

The IBSi Global Fintech Innovation Awards celebrate banking technologists driving exceptional advancements in the FinTech sector, recognising efforts that redefine industry standards and enhance global financial services.<\/p>\n

Hastings Financial Services processes \u00a3350 billion in quotes annually, serving consumers’ diverse lending needs. Seeking to modernise its digital customer experience, Hastings partnered with Provenir to implement cutting-edge technology, data integration, and decision-making capabilities. Provenir\u2019s<\/a> AI-powered Decisioning Platform enabled Hastings to deliver exceptional digital experiences and best-in-class decisioning.<\/p>\n

Nikhil Gokhale, Director of Research & Digital Properties at IBS Intelligence<\/strong>, congratulated Provenir and Hastings Financial Services for the well-deserved win in the category by saying, \u201cHastings Financial Services has raised the bar in digital lending through its strategic partnership with Provenir.\u00a0The integration of Provenir\u2019s AI-Powered Decisioning Platform has enabled sub-2-second quote times and expanded quote capacity from 25,000 to 111,000 daily, covering 95% of the Price Comparison Website market. This implementation exemplifies agility and innovation, positioning Hastings as a market leader.\u201d<\/p>\n

\u201cHastings is a technology and data-driven FinTech company dedicated to giving our customers a fair, easy-to-understand loan process by implementing innovative technology solutions into our stack, which also enables our ambitious growth plans; our partnership with Provenir allows us to meet this ambition,\u201d said Adam Malcolm, CEO, Hastings Financial Services<\/strong>.<\/p>\n

\u201cHastings Financial Services has quickly established itself as a major player in the UK lending market, thanks to its ability to scale rapidly, deliver swift decisions, and provide exceptional customer experiences,\u201d said Ryan Morrison, Provenir\u2019s Executive Vice President<\/strong>. \u201cHastings’ innovative use of technology supports the delivery of tailored lending solutions that meet the evolving needs of UK consumers. The firm is setting a new standard for digital lending and differentiating itself in a highly competitive market.\u201d<\/p>\n","protected":false},"author":35737,"featured_media":559539,"parent":0,"template":"","categories":[11381,16786,11379,35279],"tags":[43693,31419,12225,46541,12004,12305,11515,41817,48255,11404,15920,24755,34962,11406],"class_list":["post-565336","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-artificial-intelligence","category-ibsi-flagship-events","category-lending","category-loans","tag-cedar-ibsi-event","tag-cedar-ibsi-summit","tag-data-integration","tag-decisioning-platform","tag-digital-lending","tag-digital-loan-processing","tag-fintech","tag-global-fintech-innovation-awards","tag-hastings-financial-services","tag-india","tag-mumbai","tag-provenir","tag-provenir-ai","tag-uk"],"acf":[],"yoast_head":"\nProvenir and Hastings Financial Services win \u2018Best Digital Lending Implementation\u2019 at the IBSi Global Fintech Innovation Awards<\/title>\n<meta name=\"description\" content=\"Provenir and Hastings Financial Services have been recognised for excellence in this year\u2019s IBSi Global Fintech Innovation Awards.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/provenir-and-hastings-financial-services-win-best-digital-lending-implementation-at-the-ibsi-global-fintech-innovation-awards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Provenir and Hastings Financial Services win \u2018Best Digital Lending Implementation\u2019 at the IBSi Global Fintech Innovation Awards\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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