Top 20 Banking Technology Solution Companies - 2020

The banking sector is undergoing a paradigm shift, one driven by a host of different factors. New competitions from FinTechs, mounting regulations, compliance pressures, and disruptive technologies are changing the way the banking industry operates, today. Digital transformation that started as an option has turned into a necessity over the years. In the internet world that we live in, customers can attain a vast amount of information at their fingertips in a fraction of time. With the online availability of all the information and the ability to perform an increasing number of banking functions digitally these days, most of the customers prefer digital banking as opposed to brick-and-mortar banking. This transformation has drastically changed the way relations are built and managed between the bank and its customers. Being a commoditized space and so little to compete on, providing a greater customer experience is turning out to be the key that gives banks a competitive edge over their counterparts.

The evolving customer demands that seek round-the-clock personalized service coupled with the changing competitive landscape that is fuelled by advanced technologies and solutions is forcing the traditional institutions to rethink the way they do business. Though the transition from legacy systems to innovative solutions doesn't seem to be easy, the new technologies that tend to threaten the banking sector present themselves with newer opportunities. Banks are responding to this unprecedented change in the sector through investment, data management, and adoption of advanced technology solutions to engage with the customers. With the procurement of these advanced technology solutions, banks can leverage big data and advanced analytics to enhance the customer experience. Consequently, they are looking to implement the best technology solution to improve functional efficiency and gain customer loyalty while ensuring regulatory compliances are met.

To deliver a superior customer experience with agility, banks are resorting to the best technology solutions available in the market that can efficiently streamline their processes with strategies that could give them a competitive edge over the others. However, it is a daunting task to choose the right technology solution that best suits your process from the available lot in a market so big! To help banks and financial service organizations navigate through the best-of-breed banking technology solutions, CIOReview has compiled a list of the 20 most promising banking technology solution providers. The enlisted solution providers are the frontrunners in the market that are committed to the efficient streamlining of banking processes with innovation and security. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.

We present to you CIOReview’s, "20 Most Promising Banking Technology Solution Providers -2020."

Top Banking Technology Solution Companies

Cavisson Systems Inc., having its headquarter in Santa Clara, CA (USA), is a leading provider of performance intelligence platform that ensures exceptional customer experience and business efficacy of mission-critical applications. World’s leading brands including retailers, network providers, financial institutions, rely on our product suite for performance, quality, and availability of their enterprise systems and applications. Using Cavisson performance testing, monitoring and diagnostics software enterprises maximize uptime and optimize server response time for seamless transactions and exceptional buying experience by: – Detecting and isolating issues early in the application lifecycle, and – Alerting and diagnosing issues quickly anywhere across the enterprise

Hyosung offers innovative recycler ATM technologies coupled with software solutions that enable banks and financial institutions to transform their operations and increase customer self-serviceability. The company acquaints clients with the pros of branch transformation by introducing recycler ATMs and teller cash recyclers (TCRs) in the U.S and rendering them capable of automating the redundant yet crucial customer-facing, as well as backend teller workflows. In parallel, they also drive innovations in multi-vendor software technology and core integrations, enabling FIs to roll-out customer self-service and assisted self-service capabilities through the ATM outlets. This game-changing approach frees up the tellers’ time and resources and opens avenues to deliver value-added services that ultimately enrich customer relations.

Intercash is a global financial technology company, specializing in payment management and services. Our particular niche is in the card issuing vertical, with over two decades of experience managing card issuing programs with Mastercard and Visa for regulated banks throughout the world. Our strength is in our flexibility, as we have the capacity to develop global card issuing solutions that are tailored for your business. We also allow financial institutions to customize their cards in order to maintain their branding. We offer a full turnkey solution and can assist with all the technology and services needed to manage a complete card issuing program.

Morphis® is a leading global supplier of payment system and currency supply chain management software. Today Morphis'? world class products are used by central banks, depository institutions, armored carriers, card issuers, ATM/POS ISOs, transaction processors, and BPO shops worldwide. Morphis'? proprietary technologies provide best-of-breed demand analytics and fulfillment logistics that deliver a new standard of efficiency for enterprise cash management. For EFT issuers and acquirers, Morphis® software provides business management for any size ATM/POS/Card estate with financial reporting at the individual transaction level. Morphis® products are available by license and offered as Software-as-a-Service (SaaS). Morphis products are sold directly and through value-added resellers world-wide.

A distributed SQL database that meets the needs of financial services organizations moving mission critical applications to the cloud. NuoDB’s distributed SQL database empowers banks with a solution that enables them to retain the SQL consistency their mission-critical applications require while taking advantage of the efficiencies offered by the cloud. The company works continuously to make sure that it supports future technological needs. NuoDB’s cloud native, cloud agnostic approach enables banks to make the choices that make the most sense for them as they move forward.

The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company’s subsidiary, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank and a top ACH originator. Specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial vehicle leasing groups in the nation.

Acuity Knowledge Partners

Acuity Knowledge Partners

Acuity Knowledge Partners is a leading provider of high-value research, analytics and business intelligence to the financial services sector. The company supports over 300 financial institutions and consulting companies through a team of over 2,500 subject matter experts who work as an extension of the clients’ teams based out of various global delivery centres. We EMPOWER our clients to drive revenues higher. We INNOVATE using our proprietary technology and automation solutions. We enable our clients to TRANSFORM their operating model and cost base.

Alloy

Alloy

Alloy is the centralized system for all your compliance and analytics needs.Our dashboards offer an integrated system, centralizing case management, alerts, decision audit trail, and reporting. Compliance loves the level of transparency we bring to the decisioning process, while growth loves the customer conversion improvements that come with more data and smarter decisions.Helps top banks and fintechs make better decisions using a single API and dashboard to manage KYC/AML, fraud, and more

Arachnys

Arachnys

We connect global financial institutions and corporations to all the information they need to make confident, fast on-boarding and investigative decisions. Our data gateway allows you to capture, curate and connect any information on people and companies for faster KYC, AML and EDD processes, and we’re trusted by some of the world’s biggest brands.Founded in 2010, no other vendor combines data source expertise with content automation, data curation tools and a connectivity suite of APIs to channel intelligence directly into your organization’s IT infrastructure.

Bayshore Solutions

Bayshore Solutions

As a leading end-to-end digital agency for over 22 years, Bayshore Solution’s specialized, cross-functional teams provide customized brand storytelling, web design & development, e-commerce, digital marketing, creative and hosting solutions. We help our customers grow their business by utilizing our evolving methodology to define their audiences, create compelling stories, implement innovative technology, and optimize metrics based on measurable results. Partnering with us connects you to: - Experience. We’ve built custom solutions for over 2,600 customers in a variety of industries. - Dedication. A perfect combination of accessibility, security, integration, administration, and technical ability provide the vehicle for your brand.

Crane Payment Innovations

Crane Payment Innovations

Crane Payment Innovations is the leader in world-class, automated payment solutions. We partner with businesses to provide payment experiences that set new and innovative standards for consumer convenience, security, and reliability. We are excited to explore new ways every day to improve how millions of people across the globe can make their payments in a way that fits with their lives. Our global engineers develop products and deliver innovative solutions in currency validation technologies, cash management systems, digital payment technologies, mobile applications, security, and digital advertising. We offer a range of devices for bill and coin validation, cash recycling and dispensing systems, IoT applications for our enterprise-level connected products and services, and software applications to integrate sensory hardware to machines and networks. At CPI you will become a valuable part of an inclusive culture of collaboration and innovation with the support of over 3,300 associates working in one of our 65 sites across the world.

ebankIT

ebankIT

ebankIT's Omnichannel Digital Banking Platform allows Banks and Credit Unions to lead the Digital Transformation at a fraction of the cost, time and effort.ebankIT’s mission is to help the banking businesses realize their full potential and strengthen customer relationships, while minimizing costs and increasing digital revenues. Our vision is about reshaping digital banking through an innovative banking platform with out-of-the-box omnichannel capabilities, that allows financial institutions to run lean, run smart and innovate fast.Operating in over 20 countries, ebankIT is helping customers all over the world transform their businesses by delivering a fast and seamless Digital Banking Transformation.

Good Money

Good Money

Good Money is the world’s first digital banking platform where we make every customer an owner and allocate 50% of our profits to social and environmental impact. We're taking over the financial system and using it for Good. No greenwashing. NO BS. People who sign up, refer friends, and become active customers can earn even more Good Shares over time for helping us transform banking for Good.After centuries of banks owning you, it's time for you to be an owner.

Kingland Systems

Kingland Systems

Established in 1992, Kingland has had a consistent history of innovation, growth, and improvement focused on delivering excellence, professionally, in all we do. We are one of the few software companies in the world appraised at a CMMI maturity level 5 and we provide our software as a service using our modern Kingland Platform.With a financial services heritage originating in the mid-1980s, we've grown to serve global clients in banking, capital markets, insurance, public accounting, retail, and other industries. With two locations in the United States and one in China, our teams of technology and data thought leaders seamlessly connect across continents.

Ripple

Ripple

Ripple provides one frictionless experience to send money globally using the power of blockchain technology. By joining Ripple’s growing global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.Founded in 2012, Ripple's vision is to enable a world where value moves as seamlessly as information flows today—an Internet of Value. Ripple is the only enterprise blockchain company today with products in commercial use. Ripple’s global payments network includes over 300 customers across 40+ countries and 
six continents

Rockall Technologies

Rockall Technologies

Provides Next-generation credit and banking book collateral technologies built for the realities of your business

Segmint

Segmint

Segmint empowers financial institutions and financial technology providers to easily understand and leverage data, interact with customers, and measure results. Derived from billions of transactions, Segmint provides the fastest and most accurate customer insights through advanced data tagging, categorization, and contextualization. Our insights enable all functions of an organization to inform strategies including competitive analysis, risk, marketing, customer experience, and product innovation

SLK Software

SLK Software

SLK Software is a fast paced technology and consulting company with an emphasis on key industries such as Banking and Manufacturing, and deep domain expertise across the entire value chain.Our approach represents our commitment to reaching out to businesses at different stages of their growth and helping build a strong foundation for their journey to the top. Through our solutions and services, we help enterprises collaborate better, create new opportunities, enhance revenues, reduce operating costs, and transform IT from being an enabler to IT being one of the key growth drivers.

Total Expert

Total Expert

Attracting and delighting customers is a vital part of the growth engine for financial services organizations. Yet the complexity of today’s marketing environment is as complex as the regulatory environment in which financial brands operate. Effective, modern marketing strategy requires modern, nimble technology designed to navigate across lines of business or with co-marketing partners.The Total Expert Marketing Operating System gives your organization a centralized platform to manage your brand at an enterprise level. You gain greater oversight and audit-ready compliance, fueling fast, confident decisions.

Unblu

Unblu

Unblu helps the world's leading banks deliver an in-person experience online. We provide highly secure engagement and collaboration software, enabling banks to enrich the digital experience of their clients.Unblu's suite helps to increase revenue and efficiency while reducing costs and improving digital customer interaction.Clients using our technology have been able to cut customer support calls in half, achieve four times as many client meetings as in branches, increase customer satisfaction and produce a 90% recommendation rate. Unblu is helping to transform the future of online banking.