Risk decisioning platform Provenir is collaborating with mobile data intelligence provider Sekura to enhance fraud protection in the financial services industry. 

The partnership gives Provenir’s clients — including buy-now-pay-later startup Zilch, Marcus by Goldman Sachs, and SoFi — access to a suite of identity verification, anti-fraud and online authentication services through global mobile operators via Sekura’s custom-built API, Carol Hamilton, chief commercial officer at Provenir, told Bank Automation News.

“Our customers are looking to get that software platform on which they can build decisioning processes and make good decisions about customers and what to offer them and how to interact with them,” Hamilton said. “We can see peculiar activity, such as if a user’s phone has had its SIM card swapped a couple of days ago, or whether the number on someone’s application matches when we checked with the provider.” 

Argyle, Informed.IQ partner on enhanced lending solution

Employment data platform Argyle is partnering with consumer auto financing platform Informed.IQ for an upgraded lending solution. 

Argyle’s artificial intelligence (AI)- and machine learning-powered data extraction capabilities will allow Informed.IQ to give lenders a real-time outlook on the loan-approval process and specific underwriting criteria, according to a release. 

“The integrated income verification solution that empowers users to share their data the way that works for them, enjoy a more intuitive lending experience, and unlock quicker and more equitable access to credit,” Justin Wickett, Informed.IQ co-founder and chief executive, said in the release. 

Wio Bank integrates Mambu’s cloud platform 

UAE-based Wio Bank announced its partnership with Amsterdam-based Mambu to provide cloud-native digital banking services. 

The $626 million bank will utilize Mambu’s API-driven cloud platform to build and launch financial products for start-ups, freelancers and small- to medium-sized businesses (SMBs) in the region, according to a release. 

“We can design and deliver modern financial products and services to our customers to make their lives easier,” Serge Terentyev, chief technology officer at Wio Bank, said in the release. “We can take an active role in embedding modern financial services in the region and empowering customers to access banking services effortlessly.” 

The bank is set to offer SMBs streamlined account opening, eased managing and tracking of expenses, and simplified invoicing and payment services to assist with managing businesses, the release said. 

Banks choose Malauzai SmartApps platform 

The $177 million First National Bank of Manchester in Manchester, Ky., has selected Malauzai’s SmartApps mobile banking platform, according to an FI Navigator report provided to Bank Automation News. The following credit unions also chose Malauzai as a mobile banking provider: 

• $174 million Citizens Federal Credit Union in Big Spring, Texas; 
• $47 million District of Columbia Teachers Federal Credit Union in Washington, D.C.; and 
• $96 million Summit National Bank in Hulett, Wyo. 

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