Top 20 Banking Tech Solution Companies - 2021

Following the ill effects of the COVID-19 pandemic, companies and individuals across the globe are presenting to be in dire need of support from their financial services providers and banks. Players in the industry understand the need of the hour and have been adapting to the situation by employing the latest technological innovations to meet the demands of the market all the while streamlining their own critical business processes. Nevertheless, the challenges posed by legacy infrastructure continue to impede a complete technological revolution in several banking and financial institutions throughout the world. Innovations like cloud computing, artificial intelligence, big data analytics, and other high-throughput financial solutions have brought banks, especially government agencies, a little closer toward an ecosystem of truly digital workflows. Employing the latest products the fintech marketplace has to offer is the best course of action, and CFOs everywhere seem to agree.

Recently, the concept of neo-banks has propped up, where users are provided a retail banking experience that exists in a purely virtual environment. These digital-only banks offer financial services like P2P transfers, global payments, and cryptocurrency trading options. Amongst the new, more technologically inclined generation, this type of banking infrastructure is more appealing, as proven by various reports from countries like the US. The idea of Bank-as-a-service also strikes intrigue in the minds of tomorrow. Here, with access to all banking operations through APIs and trusted third-party vendors, users can conduct all their important financial business with a new level of speed, security, and convenience that has improved a bank’s customer experience quotient significantly.

At this juncture, there is a wide variety of banking solution providers entering the industry with a set of advanced and integrated offerings. To help companies navigate through the best-of-breed solution providers, CIOReview has compiled a list of the leading players in the field. This edition also offers a combination of thought leadership from subject-matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the best solution providers and service companies according to your requirements.

We present to you CIOReview’s “20 Most Promising Banking Tech Solution Companies-2021.”

    Top Banking Technology Solution Companies

  • 1

    Digital Check is a financial technology company that aims to offer innovative solutions for cash and check handling automation. Along with revolutionizing check handling operations, the company is simultaneously facilitating the automation of cash management processes. To help banks deal with the consequent demand for cash handling solutions, Digital Check leverages the expertise of a recent acquisition, Benchmark Technology Group, to mark its entry into the cash automation space. The proven solutions native to each company have now converged into one new brand, Avivatech that facilitates clients not only to reduce the overall handling cost for both cash and check payment modes but also maximize ROI and provide better efficiencies and customer experiences

  • 2

    Leading FinTech company, Urban FT, based in New York City and serving Financial Institutions (FIs) throughout the US, is focused on empowering FIs–especially local and regional banks, credit unions, and neobanks–to scale continuous innovation so they can gain a competitive advantage. The company’s vision is succinct and powerful: “Dream Big, Deliver Exceptional.” By helping CIOs of FIs benchmark their current infrastructure against top industry standards, Urban FT identifies the areas ripe for transformation, including where there are opportunities to use AI-driven solutions to challenge the status quo in financial services, tackle problems, and delight users

  • 3

    Technisys

     Technisys

    The only platform able to dynamically change end-to-end product definitions and adapt to modern customer behaviors

  • 4

    Ailleron

    Ailleron

    Ailleron solutions change whole sectors by digitizing the relations of companies with millions of customers. It provide the tools and know-how that exponentially develop the businesses of Clients and Partners, taking co-responsibility for the results

  • 5

    Alacriti

    Alacriti

    Alacriti is a leading financial technology company dedicated to helping clients accelerate their digital payments transformation

  • 6

    Appway

    Appway

    By automating workflows across people, systems, and data, Appway gives financial services businesses everything they need to get the job done and provide exceptional experiences at every touchpoint

  • 7

    Hyosung Tns

    Hyosung Tns

    Hyosung’s engineering helps banks transform their branches. Together, the company provide solutions to help branches better service customers each day

  • 8

    Inswitch

    Inswitch

    Inswitch is a global embedded financial technologies company that helps organizations in any industry rapidly implement digital financial services through its omnichannel 360 Fintech-as-a-Service platform

  • 9

    Intelligo Group

    Intelligo Group

    Intelligo provides the fastest, most comprehensive individual and company background checks, by combining the power of AI with the analytic insight of human specialists

  • 10

    Intercash

    Intercash

    Intercash is one of the world’s leading providers of global payment solutions, with a special focus on white-label card programs

  • 11

    KAL

    KAL

    KAL's multivendor ATM software enables banks to take control of their ATM networks to reduce costs, increase functionality and improve competitiveness

  • 12

    Ladonware

    Ladonware

    Founded in 1985, Ladonware is the most experienced company creating and implementing technological solutions for financial institutions in Latin America and The United States

  • 13

    Matica Technologies

    Matica Technologies

    Matica’s comprehensive portfolio offers solutions for a variety of specifications and production requirements. Choose among a compact and handy desktop printer, such as XID 8300 or MC310 direct to card printer, for daily in-store demand or a robust high-capacity model for large-volume centralized prepaid card printing

  • 14

    Morphis

    Morphis

    Morphis' portfolio of cash management software products are used today by central banks, depository institutions, armored carriers, card issuers, ATM/POS ISOs, transaction processors and BPO shops worldwide

  • 15

    Sopra Banking Software

    Sopra Banking Software

    Sopra Banking Software component-based and cloud banking platform provides the broadest range of capabilities. Whether large or small, local or global, pick the components from wide catalog

  • 16

    StreetShares Inc.

    StreetShares Inc.

    StreetShares is a financial technology company powering community banks and credit unions with next-generation technology to serve the full suite of banking needs of U.S small business owners

  • 17

    Temenos

    Temenos

    Temenos is passionate about helping financial institutions of all sizes, in all sectors, around the world, to dramatically accelerate their digital transformation

  • 18

    THE BANCORP

    THE BANCORP

    For over 20 years, The Bancorp has been providing nonbank companies with the people, processes and banking technology to meet their individual needs

  • 19

    Transcard

    Transcard

    Chattanooga-based Transcard is a SaaS funds disbursement and management platform that takes regulatory, time and cost burdens off payers while providing payees secure, self-service options for receiving their money

  • 20

    Velmie

    Velmie

    Velmie is a banking technology provider with more than 10 years of expertise in developing software and providing professional fintech services