Top 20 Banking Technology Companies - 2018
With customers becoming more demanding and tech savvy, banks are improving their modes of customer engagement and experience. The increasing competition and demand for digital banking platforms have caused massive investments to pour into the banking sector backed up by the latest technologies. As new competitors in the market, digital-only banks will be the new banking go-to for consumers.
Like with any other sector, AI and blockchain are making headway into the banking sector with an aim to make sense of the larger-by-the-day regulatory data with cognitive computing. AI will also be used to analyze data in a way that it can be used to reap maximum benefits from the regulations and real-time risk management within these parameters.
Banks associated with third-party providers like Fintech companies are implementing Augmented Reality and Virtual Reality to present immersive UX designs to drive consumer centricity and provide CX-based processes. Alongside immersive technologies, cloud adoption is also witnessing a boost with primary focus on security and regulatory compliance. Cloud is also opening up new avenues for big data analysis to shift from legacy data architecture and infrastructure to cloud-based private data centers.
A distinguished panel comprising CEOs, CIOs, VCs, industry analysts, and CIOReview’s editorial board has reviewed the top banking technology solution providers and shortlisted the ones that are at the forefront - fulfilling the urgent demands of the industry.
We present to you CIOReview’s “20 Most Promising Banking Technology Solution Providers - 2018.”