The global data and intelligence solutions provider, Provenir, is leading the marketplace through its data insights innovation and technologies. The US-based software technology company which supports the international fintech industry, ensures the marketplace is a global data and intelligence ecosystem that makes accessing data fast and easy. Now, Provenir has invited industry professionals to join them in their latest webinar that outline how can AI-powered risk decisioning can play a part in transforming the entire credit risk decisioning process. The session, which is presented by key industry leaders, explores how technology continues to evolve and advances in big data, digital transformation, and AI/ML are creating new opportunities for financial services and fintechs to improve their credit decisioning processes. The webinar panel discussion is being moderated by FinTech Magazine and will provide a spectrum of topics for discussion that outline the importance of using AI/ML to transform credit risk decisioning.

The PayMaya digital wallet launched a new feature that allows users to submit "video selfies" to verify their identities and unlock upgrades. PayMaya upgrades include higher transaction limits, sending money to other PayMaya account holders, access to a virtual card for online transactions, exclusive perks and the ability to share and earn from referral codes. PayMaya said the feature was a first in the Philippines and would use artificial intelligence. "By employing the power of artificial intelligence to our upgrade process, we are able to help verify the documents and identities of our customers in a faster and more efficient way," Shailesh Baidwan, president of PayMaya Philippines and Voyager Innovations, said in a statement. "This makes the process of upgrading PayMaya accounts easier, allowing our customers to enjoy the best of what PayMaya has to offer," he added.